You have all read the media or reports or at least seen the TV reports. The Housing market, the sub prime mess, foreclosures on the rise. So what is one to believe? I personally believe in Hard DATA. That is where the truth lies.
While some areas of the East & West coast have seen double digit losses, the Kansas City metro area has held tough. Some areas have even seen price gains. Johnson County is one of those places and Blackthorne Estates is one of those subdivisions that have held their own through tough times.
Blackthorne Estates 2007 Home Sales report
Homes Sold 18
Average Sales Price $397,004
Average Days to Sell 70
Highest Sales Price $501,406
Lowest Sales Price $325,000
This report compliments of the Russell Home Team, your Johnson County Kansas home experts www.WeSelljoco.com
2007 brough a lot of ups and downs for the Home Market, while some areas of the country saw double digit losses The Kansas City metro market saw only a very small loss. While the Metro are saw a loss as a whole many areas saw increases. Green Meadows is one of those subdivisions that faired very well.
Grren Meadows in Overland Park is a family friendly subdivision of Single Falily residential homes border by 151st & Nall Avenue. The subdivision is surrounded by many businesses including restaurants, supermarkets and recreation centers. Green Meadows is located in the highly regaded Blue Valley School sysyem.
Let's take a look at how the Home Sales faired in Green Meadows in 2007
Homes Sold 17
Average Sales Price $233,373
Average days to sell 33
Highest Sales price $305,000
Lowest Sales price $170,000
Find a homes in Green Meadows Find out hou much your Green Meadows home is worth?
This report compliments of The Russell Home Team, your Johnson County Kansas home Experts www.WeSellJoco.com
Have you ever heard that there is 3 sides to every story. His side, her side and the truth. Well over the last year there has been 2 sides brewing to the real estate story. The media VS. The National Association of Realtors. Well I want to present the truth. 2007 was a solid year in Homes sales, in comparison to other years it was the 5th best year on record.
So how does this affect me? If you live in Birchwood Hills or Place it affects you very well. Home Sales in 2007 were very strong. Don't believe me, take a look at the statistics because they don't lie.
Homes Sold 21
Average Sales price $268,123
Average days to sell 30
Highest Sales Price $312,000
Lowest Sales Price $215,500
See homes for sale in Birchwood Find out how much your Birchwood home is worth
Compliments of The Russell Home Team, Your Johnson County Home Experts www.WeSelljoco.com
While many home saw price declines and longer days on the market, The Wilderness subdivision in Southern Overland Park showed amazing resolve with prices increasing and days on the market remaining very low.
Wilderness is bordered by 159th & Nall Ave, not even the construction on Nall avenue could slow down sales in 2007. The subdivision features mostly 2 story single family residential homes from renouned local builders like JS Robinson & Hoelting. Let's take a look at the 2007 Home Sales in Wilderness
Homes Sold 33
Average Sales Price $330,052
Average Days on the Market 53
Highest Sale Price $425,000
Lowest Sales Price $248,500
Is purchasing a new home on your 2008 agenda? Let The Russell Home Team make your next move, smooth and enjoyable.
See homes for sale How much is my home worth?
Copyright 2008- The Russell Home Team-913-681-1383, www.WeSelljoco.com
On Saturday February 23rd The Russell Home Team & Mortgage Lenders of America will be holding an Open House tour of 5 foreclosure homes in johnson County Kansas. If you have been considering purchasing a home this would be a great opportunity to view 5 recently foreclosed homes in the Johnson County Kansas area.
With the recent market slowdown there is a large inventory of Foreclosed homes that banks are really anxious to sell. Many of the homes have special incentives or financing available including No Down Payment and low interest rates.
If you are interested in joining our tour please call Michael Russell at 913-681-1383 or email me at michael@RussellHomeTeam.com and I will send you all of the details for the home tour.
To View Homes in Johnson County Click Here
Copyright 2008-The Russell Home Team-Your Johnson County Kansas Home Experts
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Overland Park Real Estate, Realtors focusing on Overland Park Homes for sale & Johnson County Real Estate for Sale. The Russell Home Team, Your Johnson County KS Real Estate experts.
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