- Currently there are 158 homes for sale in Gardner, Kansas
- Currently there are 47 homes under contract in Gardner, Kansas
- 5 homes have sold in Gardner, KS. the past 14 days
- The average home sold for $169,407 in 47 days
- The absorption rate is 14.58 months.
Supply and Demand - Buyers’ Market vs. Sellers’ Market
During a sellers' markets, homes in Gardner, Kansas sell quickly and home sellers have a lot of pricing power. As a result, Gardner home prices rise more rapidly than at other times. During buyers' markets, Gardner, KS. homes may sit on the market for a while before selling, so sellers become more flexible on pricing and may even drop their prices to make their home more attractive to Gardner home buyers.
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The Gardner, Kansas real estate market is determined by supply and demand.
In real estate, the relationship between supply and demand is calculated as "Absorption Rate." The absorption rate is the time it will it take to sell the total number of Gardner homes available on the real estate market?
The absorption rate is measured in weeks and months. A higher absorption rate tend to have longer inventory times which are associated with buyers' markets. A shorter absorption rate tends to have shorter inventory periods which are associated with a sellers' markets. Some Gardner buyers and sellers hope to time their purchase to take advantage of market cycles.
Currently, the Gardner absorption rate is 14.58 months. This means it is a great time to buy in Gardner, Kansas.
A Gardner home seller trying to sell their home in a buyers’ market will need to take steps in order to make their home more attractive to home buyers. These steps include better curb appeal, de-cluttering, outstanding marketing and intelligent pricing. Intelligent pricing means a Gardner home seller will price their Gardner home below the average comparable home in the area. Looking for outstanding marketing? Contact the Dowell Taggart Team.
A Gardner home seller trying to sell their home in a buyers’ market will need to take steps in order to make their home more attractive to home buyers. These steps include better curb appeal, de-cluttering, outstanding marketing and intelligent pricing. Intelligent pricing means a Gardner home seller will price their Gardner home below the average comparable home in the area. Looking for outstanding marketing? Contact the Dowell Taggart Team.
Gardner, KS. real estate stats for the past 14 days |
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Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty
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