Roeland Park Housing Market Conditions Report July 22, 2008

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Number of homes listed for sale (supply)	65
Number of listed homes sold in the last 6 months (demand)	88
Absorbtion Rate (avg number of houses sold per month)	14.6
Number of months of Inventory (supply/demand)	4.4
Market Condition	Slight seller advantage

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