Is it a good time to buy or sell in Sunset Ridge Subdivision in Gardner, KS.? Gardner, Kansas real estate stats

A blog reader asked us what the real estate market was like for the Sunset Ridge Subdivision in Gardner, Kansas? More importantly, they wanted to know if it was a good time to sell.

The Sunset Ridge subdivision is a subdivision of 188 homes located in Northern Gardner. It is located Southwest of the intersection of 167th and Gardner Road. The subdivision consist of a mix of splits with a few 2 stories, ranches and 1.5 stories sprinkled in. Many of the residents like its close proximity to Sunflower elementary school and the city swimming pool.

Map of Sunset Ridge in Gardner, Kansas

Over the past 6 months 5 homes have sold in the Sunset Ridge Subdivision. The average home has sold for $148,057. During all of 2010 only 5 homes sold and that even included the brisk selling period during the first time home buyer tax credit. With 6 homes currently for sale, there is 7.2 months of supply on the market in the Sunset Ridge Subdivision.

In my opinion it will be a good time to sell a home in the Sunset Ridge Subdivision or for that matters in any subdivision in Gardner, KS. due to recent changes with financing. If a a home buyer plans on buying a home in Olathe or Overland Park, KS. they will need nearly 5% or more down to buy a home. In Gardner, a home buyer can still get into a home with 0 down.

Smart home buyers will be taking advantage of the low interest rates and limited 0 down mortgage loan financing.

For more information on Gardner, Kansas, go to Gardner, Kansas

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Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

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