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Is it a Good Time to by a McMansion or a ½ Million Dollar Home in Johnson County, Kansas?

Is it a Good Time to by a McMansion or a ½ Million Dollar Home in Johnson County, Kansas?

This report will be looking at the stats of homes in the $500,000-$999,999 price range in Johnson County, Kansas for the past 10 months.



Whether you are looking for a condo or a single family home in Overland Park, Leawood, Lenexa, Shawnee, Olathe and Prairie Village, it is a strong buyers market.



During the past 10 months, there have been an average of 351.11 homes for sale and an average of 32 homes selling a month.



Currently there is over 10 months supply of real estate for sale. The dividing line between a sellers market and a buyers market is 6 months supply. This means it is a strong buyers market for the McMansion price range or homes priced between $500,000-$999,999 in Johnson County, Kansas.



Other McMansion or ½ Million Dollar Home Statics:
On average there have been 8.8 new homes sell per month the past 10 months.



On average there have been 23 pre-owned homes sell per month the past 10 months.



There have been zero condos sell in this price range during the past 10 months.



Due to the real estate market being a strong buyers market in the McMansion price range in Johnson County, KS. it is a great time to buy.



RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

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

Comments are appreciated! Go ahead and add your 2 cents . . .
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