Here is another tip to share with my Johnson County KS Home Sellers that I believe will assist in helping you to sell your home quicker. Believe it or not, you will likely make more money on the sale of your home if you price it low to begin with. Sellers make a mistake when they decide to price their homes higher than the market warrants with the idea that they will reduce the price over time as needed.
Typically, the longer a home is on the market and the more price reductions that are made will cause a buyer to wonder what is wrong with the home. When this happens, my experience is that a Seller will end up selling their home for less than they otherwise would have had they priced their home low to begin with. I am not saying to give your home away or to undervalue it, but to price it from the beginning with the idea of making few if any price reductions. If you price your home too high, you will scare buyers off.
(Image courtesy: jscreationzs / FreeDigitalPhotos.net)
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About the Author: The information provided by Suzanne Hinton, recognized local real estate expert for Northeast Johnson County, including North Overland Park, Mission, Prairie Village, Merriam, Fairway and Roeland Park Kansas home market. Suzanne can be reached at 913-529-1453 or email at shinton@remax.net.
Home sales for the Fairway Kansas real estate market, zip codes 66205 for January 2012 trended upward as compared to the preceding month. 6 total sales for January which is equivalent to total sales of 5 for December in 2011. The high for single family home sales in the preceding 12 months having come in June with a total of 17 sales.
Average price for homes sold in Fairway Kansas trending upward for January 2012 from the preceding month with an average sales price of $320300. The high for single family average sales price for the preceding 12 months having come in May with an average price for homes sold of $366435.
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Average days on market for homes sold in Fairway Kansas trending downward for January 2012 as compared to January 2011. Average days on market for January 2012 being 81 as compared to 121 days for the same time period for 2011.
About the Author: The information provided by Suzanne Hinton, recognized local real estate expert for Northeast Johnson County, including North Overland Park, Mission, Prairie Village, Merriam, Fairway and Roeland Park Kansas home market. Suzanne can be reached at 913-529-1453 or email at shinton@remax.net.
Average price for homes sold in Prairie Village Kansas trending upward for January 2012 with an average sales price of $228320. The average sales price for January 2012 also trending upward as compared to the same period in 2011. The high for single family average sales price for the preceding 12 months having come in June 2011 with an average price for homes sold of $248415.
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Average days on market for homes sold in Prairie Village Kansas trending downward for January 2012 as compared to December 2011. Average days on market for January 2012 being 56 as compared to 86 days for the same time period for 2011.
About the Author: The information provided by Suzanne Hinton, recognized local real estate expert for Northeast Johnson County, including North Overland Park, Mission, Prairie Village, Merriam, Fairway and Roeland Park Kansas home market. Suzanne can be reached at 913-529-1453 or email at shinton@remax.net.
Let's stay up to date on what homes are selling for in Roeland Park KS. Here are just a few of the recently single family sold homes in Roeland Park KS per the local MLS:
4939 Briar Street Roeland Park, 66205
SOLD on 1/04/2012 for $118500
2 Bedroom/2 Full Bath/Ranch/Basement
4724 Fontana Street Roeland Park, 66205
SOLD 1/3/2012 for $138000
3 Bedroom/2 Full Bath/1.5 Stories/Basement
5451 Rosewood Street Roeland Park, 66205
SOLD 1/03/2012 for $172500
3 Bedroom/2 Full Bath/Ranch/Basement
5625 Ash Drive Roeland Park, 66205
SOLD 1/06/2012 for $189000
3 Bedroom/2 Full Bath/1.5 Stories/Basement
(Information provided by Heartland MLS and is considered accurate, but not guaranteed.Image courtesy ddpavumba-freedigitalphots.net)
4 Tips to Determine How Much Mortgage You Can Afford
By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget.
About the Author: The information provided by Suzanne Hinton, recognized local real estate expert for Northeast Johnson County Kansas, including homes for sale and real estate for North Overland Park, Mission, Prairie Village, Merriam, Fairway and Roeland Park Kansas home market. Suzanne can be reached at 913-529-1453 or email at shinton@remax.net.
Here's some good news for Prairie Village KS home sellers and buyers. After researching the prior 3 years as to total number of homes sold in Prairie Village Kansas for various price ranges, I have found that the numbers have stayed pretty consistent. Here is how it breaks down for single family homes sold in Prairie Village from 2009 through 2011:
As you can see, the greatest number of total single family homes sold in Prairie Village Kansas for the prior 3 years has stayed consistent in the up to $200000 list price range. Followed by the $200000 to $300000 list price range. Sales for homes up to $200000, while still below total sales for 2009, did increase in 2011 from total number of homes sold in 2010. All other price ranges remaining fairly steady for total number of homes sold in Prairie Village Kansas for the prior 3 years.
4 Tips to Determine How Much Mortgage You Can Afford
By knowing how much mortgage you can handle, you can ensure that home ownership will fit in your budget.
About the Author: The information provided by Suzanne Hinton, recognized local real estate expert for Northeast Johnson County Kansas, including homes for sale and real estate for North Overland Park, Mission, Prairie Village, Merriam, Fairway and Roeland Park Kansas home market. Suzanne can be reached at 913-529-1453 or email at shinton@remax.net.
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