Johnson County Real Estate Sales are up 33% from last year and the Real Estate Inventory is down 21% - The Real Estate Market is Changing in Johnson County, Kansas

Johnson County, Kansas Real Estate Market Watch

These number reflect sales activity in Johnson County, KS for February, 2012. The information has been compiled from the Heartland Multiple Listing Service and is deemed reliable.

		Sales	Inventory
	This Year To Date	469	2,911
	Last Year to Date	353	3,673
	Percentage Change	33%+	21%-
	Average Selling Price
	This Year To Date	$230.3k
	Last Year To Date	$230.6k
	Percentage Change	.1%-
	Wow, look at these numbers.  Johnson County Real Estate Sales are up 33% from last year and the Real Estate Inventory is down 21%.  Usually when the Real Estate Inventory drops demand for the remaining properties increases.  The numbers show this is happening in Johnson County right now.  Even though the average price droped slightly, this is a success.  Our average price decline is almost -0-.  We haven't seen this since 2006. Does this finally signal a market change? Stay tuned for our next Market Watch report.

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