Number of homes listed for sale (supply) 43

Number of listed homes sold in the last 6 months (demand) 20

Absorbtion Rate (avg number of houses sold per month) 3.3

Number of months of Inventory (supply/demand) 12.9

Market Condition : Buyer Advantage. Please note that the Multiple List Data for Mission Hills may not reflect the entirety of the sales as some houses are sold without going on the market since the supply is so low.

5-6 months supply is typically considered "balanced" neither the Seller side nor the Buyer side is advantaged

Under 5 months supply is typically an advantage for the Seller since there are few choices for the Buyer

Over 6 months supply is typically an advantage for the Buyer since there are more choices than average due to larger amout of supply of homes compared to the current demand




Mission Hills: Arguably one of the most desired addresses in the United States. Mission Hills is superbly located in the center of everything. Mature trees, stately homes, Mission Hills has it all. The data from the Multiple Listing Service will be somewhat skewed as homes sometimes have a "waiting" list for when the seller might be willing to part with the home.

Number of homes listed for sale (supply) 33

Number of listed homes sold in the last 6 months (demand) 62

Absorbtion Rate (avg number of houses sold per month) 10.3
Number of months of Inventory (supply/demand) 3.1

Market Condition Seller Advantage

A house in good condition without some extenuating circumstances and marketed well, should sell in a relatively short period of time.

5-6 months supply is typically considered "balanced" neither the Seller side nor the Buyer side is advantaged

Under 5 months supply is typically an advantage for the Seller since there are few choices for the Buyer

Over 6 months supply is typically an advantage for the Buyer since there are more choices than average due to larger amout of supply of homes compared to the current demand.

CLICK HERE TO SEARCH FOR HOMES IN ROELAND PARK KS

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CLICK HERE TO SEARCH FOR HOMES IN ROELAND PARK KS

5-6 months supply is typically considered "balanced" neither the Seller side nor the Buyer side is advantaged

Under 5 months supply is typically an advantage for the Seller since there are few choices for the Buyer

Over 6 months supply is typically an advantage for the Buyer since there are more choices than average due to larger amout of supply of homes compared to the current demand

KCSmartMove.com , Ken Jansen Your KW Agent,

Ken Jansen Broker Associate Keller Wiliams Realty Partners, Inc.

913-908-2215 KenJansen@TopProducer.com

CRS, ABR, ePRO, CLHMS, CSP

Leawood, KS Real Estate Market Conditions

Leawood had 195 homes sell and close in the last 6 months, counting all homes and price ranges, including existing homes and new construction. There are 370 Single family homes listed for sale in Leawood.

Upper Bracket Homes in Leawood

Upper Bracket Homes in Leawood accounted for 58 of the recent six month sales, based upon most recent listing price. There are 194 homes listed for sales in the $500,000+ range, which means the market is still overcrowded in that range with a roughly 20 month supply of homes. Seller's should review their house's condition and curb appeal. If you have been on the market more than 30 days, talk with your agent about how the house could be presented better. If you don't need to sell, this may not be the ideal time to test the market.

Leawood Homes $200,000 and under

Leawood Homes $200,000 and under are very rare and are selling well, accounting for only 7 of the last 6 monts sales/closings. There are just 2 homes listed for sale at $200,000 or less price. Selling at an average pace of 1 home per month, there is just under a 2 month supply of homes in Leawood in this price range, a strong Seller advantage market price range.

Leawood Homes $200,000 to $500,000

Leawood Homes $200,000 to $500,000 are selling at a decent pace. There have been 130 homes sold in the last 6 months listed in this price range. There are 175 homes listed for sale in this price range. With an 8 months supply of homes, the market is slightly buyer advantaged.

Summary - if you have an upper bracket home, realize the market is soft in your price and adjust your plans accordingly. The lower priced homes are selling well, so as a buyer, you will want to adjust your plans to fit the reality of the market place. It will be the rare seller in the under $200,000 price range who is going to be willing to make many concessions, since the market is strong. If, however, you are interested in buying UP in the down market, now is the time to assess your personal situation. Interest rates are low, upper bracket inventory is high, some sellers are very motivated.

Homes for Sale in Leawood under $200,000

Homes for Sale in Leawood $200,000 to$250,000

Homes for Sale in Leawood $250,000 to$300,000

Homes for Sale in Leawood $300,000 to $350,000

Homes for Sale in Leawood $350,000 to $400,000

Homes for Sale in Leawood $400,000 to $450,000

Homes for Sale in Leawood $450,000 to $500,000

Homes for Sale in Leawood $500,000 to $550,000

Homes for Sale in Leawood $550,000 to $600,000

Homes for Sale in Leawood $600,000 to $650,000

Homes for Sale in Leawood $650,000 to $700,000

Homes for Sale in Leawood $700,000 to $750,000

Homes for Sale in Leawood $750,000 to $800,000

Homes for Sale in Leawood $800,000 to $850,000

Homes for Sale in Leawood $850,000 to $900,000

Homes for Sale in Leawood $900,000 to $950,000

Homes for Sale in Leawood $950,000 to $1,000,000

Homes for Sale in Leawood $1,000,000 to $1,250,000

Homes for Sale in Leawood $1,250,000 to $1,500,000

Homes for Sale in Leawood $1,500,000+

How Much is my Leawood Home Worth?

KenJansen@TopProducer.com

913-825-4014

www.KCSMartMove.com

Ken Jansen Broker Associate, Keller Williams Realty Partners, Inc.

Overland Park Market Conditions

Overland Park had 1051 homes sell and close in the last 6 months, counting all homes and price ranges, including existing homes and new construction. There are 913 Single family homes listed for sale in Overland Park.

Upper Bracket Homes in Overland Park

Upper Bracket Homes in Overland Park accounted for 96 of the recent six month sales, based upon most recent listing price. There are 248 homes listed for sales in the $500,000+ range, which means the market is still overcrowded in that range with a roughly 15 month supply of homes. Seller's should review their house's condition and curb appeal. If you have been on the market more than 30 days, talk with your agent about how the house could be presented better. If you don't need to sell, this may not be the ideal time to test the market.

Overland Park Homes $200,000 and under

Overland Park Homes $200,000 and under are selling well, accounting for 374 of the last 6 monts sales/closings. There are 210 homes listed for sale at $200,000 or less price. Selling at an average pace of 62 homes per month, there is just under a 4 month supply of homes in Overland Park in this price range.

Overland Park Homes $200,000 to $500,000

Overland Park Homes $200,000 to $500,000 are selling well. There have been 576 homes sold in the last 6 months listed in this price range. There are 454 homes listed for sale in this price range. This is closer to a balanced market.

Summary - if you have an upper bracket home, realize the market is soft in your price and adjust your plans accordingly. The lower priced homes are selling well, so as a buyer, you will want to adjust your plans to fit the reality of the market place. It will be the rare seller in the under $200,000 price range who is going to be willing to make many concessions, since the market is strong. If, however, you are interested in buying UP in the down market, now is the time to assess your personal situation. Interest rates are low, upper bracket inventory is high, some sellers are very motivated.

Overland Park Homes For Sale

FIVE STAR: Best in Client Satisfaction Real Estate Agents (SM) Announced

Posted: July 10, 2008

Kansas City, MO (July 10, 2008) - In the July 2008 issue of KC Magazine, the 2008 FIVE STAR: Best in Client Satisfaction Real Estate Agents (SM) are announced. Ken Jansen, a Broker Associate with Keller Williams Realty Partners, Inc. Overland Park, Kansas, was selected for the 4^th consecutive year.

KC Magazine formed a partnership with Crescendo Business Services, an independent research firm, to identify the "best in client satisfaction" real estate agents serving the Kansas City area. In December of 2007, Crescendo surveyed by mail and phone 19,500 Kansas City area residents who had recently purchased homes and 2,500 subscribers of KC Magazine. An additional 250 surveys were sent to mortgage and title companies, who are often best able to judge a real estate agent's technical skills and knowledge.

On the surveys, recipients were asked to evaluate only real estate agents whom they knew through personal experience. They were asked to evaluate them based upon nine criteria, including, customer service, integrity, market knowledge, communication, negotiation, closing preparation, finding the right home, marketing of the home and overall satisfaction.

By January, stacks of surveys had arrived and Crescendo began carefully scoring and screening each nominee with both the Kansas and Missouri State Real Estate Commissions' database to make certain that licenses were up to date and that no disciplinary actions were pending. Before finalizing the list, nominated agents were reviewed by a blue ribbon panel of local industry experts.

The panel consisted of realty company executives, professional and trade association officers and others directly involved in housing-related businesses. Although panelists' comments were incorporated into the final score, safeguards were built into the review process to reduce the ability of panel members to influence the composition of the final list on the basis of company affiliation.

This year's list of "FIVE STAR: Best in Client Satisfaction" real estate agents represents less than 6 percent of actively licensed real estate agents in the Kansas City area. We hope this list serves as a referral network for the 90,000 readers of KC Magazine. Is this list exhaustive? Of course not. There are undoubtedly many other excellent real estate agents that are not on the list this year, but don't be surprised to see them next year.

RESEARCH DECLARATIONS:

As with any research or recognition program, it is important that we provide you the following declarations: The 2008 FIVE STAR Real Estate Agents do not pay a fee to be included in the research or the final list of FIVE STAR Best in Client Satisfaction Real Estate Agents. The overall evaluation score of a real estate agent reflects an average of all respondents and may not be representative of any one client's evaluation.

Kind Regards,
FIVE STAR Marketing and Sales Team
Crescendo Business Services

iPhone Mania hits Overland Park Kansas. This admitedly amateurish video was shot around 8:57 a.m this morning outside the ATT store at 119th and Metcalf. I did a double take when I first drove by looking at the huge number of people in a normally relatively quiet parking lot. I can't wait until the iPhone supports the GE supra lockbox - then I could consider getting one!