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Overland Park, KS Real Estate News

By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
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                            21Average Sales price             $268,123Average days to sell            30Highest Sales Price              $312,000Lowest Sales Price               $215,500 See homes for sale in Birchwood      ...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Youve seen the show on HGTV. They take you to a house, they show you all of the lovely things that they have done. Then they show you all of it's shortcomings. After all of the hoopla they bring in a local Realtor to tell the homeowner how much the home is worth. Well if you have ever watched the show, you know how long and drawn out the final value is. A couple of gazing looks from the owners and a look of shock from the Realtor and they finally reveal their price opinion.Well if you want to know how much your home is worth, you don't need to know someone at HGTV and you surely don't have to wait through six commercial breaks before getting your answer. All you have to do is click on the link below, type in some information and whalla. My home is worth this much                        ...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
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                                          33Average Sales Price                         $330,052Average Days on the Market          53Highest Sale Price                             $425,000Lowest Sales Price                           $248,500 Is purchasing a new home on your 200...
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By Chris Dowell, Dowell Family Team
(ReeceNichols Olathe)
Looking to relocate to Overland Park, Kansas? Contact the Dowell Taggart Team for your Overland Park, KS. real estate needs . . . Visit our website to: search for an Overland Park home for sale, get Overland Park relocation information, view Overland Park real estate stats or to contact the #1 Online Overland Park, KS. Real Estate Team.  To search Overland Park Kansas Real Estate, go to: http://OverlandPark.DowellTaggart.com  Chris Dowell, Overland Park Realtor Dowell Taggart Team http://www.DowellTaggart.com (913) 279-9035
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Overland Park has a mail in ballot initiative this month, they want to continue a 1/8 cent tax that was initially approved by voter's in 1998. It was then re-authorized again in 2003. The current tax is set to expire in March 2009. The money raised by this tax is used for residential street improvements and construction of new residential streets. This tax will add a penny for every $8 spent in Overland Park.While I am generally pretty defensive of new taxes especially ones like this that were supposed to be temporary but I think that this tax has been very beneficial and neccesary. Overland Park is growing steadily to the South and the full infrastructure is yet to be built. Well that is my opinion, please let me know what you think. No matter which direction you decide make sure that ...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Overland Park 66223 is the area centered around 143rd & Metcalf. It includes subdivisions like Shadow Brook, Birchwood Hills, Lionsgate & Green Meadows. 2007 turned out to be another solid year in home sales for Overland Park 66223.  Let's take a look at the sales statistics 2007 Home Sales StatisticsHomes Sold                       323Average Sales Price       $311,513Average Days to sell      41I don't know about you but that is pretty good. As we enter 2008 keep checking back for more market reports in Overland Park. Click Here to find homes in 66223                   Click Here to find out how much your 66223 home is worth                                                  Copyright 2008- The Russell Home Team- Michael Russell- 913-681-1383
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
I had my home for sale with an agent when I received a call from another realtor telling me that my Home expired. What do you mean my Home expired? Did I forget to cover it is Saran wrap? No, expired is an industry term for when your listing agreement with your current agent expires or reaches the end date set forth in the contract. So what are your options? When your current listing contract ends there are several things you can do. If you are happy with the services that your agent has been providing you, you can sign an extension. The legnth of this extension is negotiable, so only make it for a legnth you feel comfortable with. You may also choose to use this time to interview other realtors. This gives you a chance to compare services and to see if your current realtor is the right...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
I have been doing monthly Home Sales reports for Hampton Place for the last 6 months through this blog and through direct mailings to home owners before that. Hampton Place is one of the most family friendly subdivisions in South Overland Park. It is close to all major attractions including schools, shopping, restaurants and is only a short drive to downtown KC. We have created a virtual tour of Hampton Place to help show off all it has to offer:      Click Here for Virtual Tour 2007 Home Sales ReportHomes Listed in 2007           43Home Sold in 2007                44Average Sales Price             $313,985Average Days to sell            36 Wow!Lowest sale                            $213,000Highest Sale                          $436,000  Another Great year for Hampton Place. If you are ...
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By Chris Dowell, Dowell Family Team
(ReeceNichols Olathe)
The real estate stats for Overland Park, Kansas zip code 66224 in the 3rd quarter 2007 are:The average sales price is up 4.02% to $571,700 from the previous quarter. The total number of homes sold is down 10.45% to 60 homes from the previous quarter. The average days on the market for homes that sold in the 3rd quarter was 120 days and the average home sold for 98.0% of list price.To view the complete Johnson County real estate stats for the 3rd quarter of 2007, go to: http://stats.dowelltaggart.com/ To view Overland Park, KS. homes for sale, go to: http://overlandpark.dowelltaggart.com/Information provided by the Dowell Taggart Team http://www.dowelltaggart.com/
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By Chris Dowell, Dowell Family Team
(ReeceNichols Olathe)
The real estate stats for Overland Park, Kansas zip code 66223 in the 3rd quarter 2007 are:The average sales price is down 4.78% to $316,600 from the previous quarter. The total number of homes sold is down 34.09% to 58 homes from the previous quarter. The average days on the market for homes that sold in the 3rd quarter was 85 days and the average home sold for 98.4% of list price.To view the complete Johnson County real estate stats for the 3rd quarter of 2007, go to: http://stats.dowelltaggart.com/ To view Overland Park, KS. homes for sale, go to: http://overlandpark.dowelltaggart.com/Information provided by the Dowell Taggart Team http://www.dowelltaggart.com/ 
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By Chris Dowell, Dowell Family Team
(ReeceNichols Olathe)
The real estate stats for Overland Park, Kansas zip code 66221 in the 3rd quarter 2007 are:The average sales price is down 2.10% to $447,500 from the previous quarter. The total number of homes sold is down 36.51% to 80 homes from the previous quarter. The average days on the market for homes that sold in the 3rd quarter was 67 days and the average home sold for 98.9% of list price.To view the complete Johnson County real estate stats for the 3rd quarter of 2007, go to: http://stats.dowelltaggart.com/ To view Overland Park, KS. homes for sale, go to: http://overlandpark.dowelltaggart.com/Information provided by the Dowell Taggart Team http://www.dowelltaggart.com/
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Help? As my real estate blog progresses I want to know, What do you want to hear about?Do you want market updates?Do you want more neighborhood reports?Do you want me to just give up? Well that won't happen, I am way too stubbornPlease help me shape the future of this blog. Please feel free to respond, you do not need to be a member to respond to this post. Just click on comments below and leave a response. For more information about the Russell Home Team visit our website by clicking hereCopyright 2007 by The Russell Home Team, Michael & Tracy Russell all right reserved. No reproduction without written permission
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Birchwood Hills & Place located just off 143rd & Atioch remains one of Overland Parks favorite family friendly neighborhoods. It's close proximity to 135th avenue and easy access to 69 highway make it a great location. The mix of homes and the average price are perfect for Johnson County. Even with having 143rd avenue closed for most of the year The Birchwoods home sales have remained strong. Here are the last 6 months Stats: Homes listed               14Homes Sold                 6Average Sales Price      $272,583Average days to sell      27 (not too shabby) See Birchwood homes for sale                               Find out how much your Birchwood home is worth                                               copyright 2007 the Russell Home Team, all rights reserved. 
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Real estate is local it alway's has and always will be local. Not only can prices change drastically from one city or state to the next but it can change from zip code to zip code. I wanted to give you an overview of current sales statistics for Johnson County and I felt the easiest way would be by zip code. The best way to truly see what is going on  in a real estate market is by looking at the last 6 months sales. Zip code 66212 is one of the active zip codes for real estate transactions The recent number show a very positive outlook: For the period of June 2007 through December 2007homes listed                       326homes sold                         230Average sales price         $163,840Median Sales price            $160,000Average days to sell         32Low sales price         ...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
It is official, Overland park has passed a full on smoking ban. The new restrictions go into place January 2nd. I can now look forward to a Jayhawk game at Tanner's knowing that I won't have to burn my clothes when I get home or have to scour my self before trying to go to sleep. Now we just need the rest of Johnson County to follow the leads of Overland Park, Olathe & Fairway(doesn't really count because no places were affected) Below is the ordinance from The City of Overland Parks website Smoking Ordinance As of Jan. 2, 2008, indoor smoking will not be permitted in the City of Overland Park. This includes all:Places of employment Restaurants Bars Hotel/motel sleeping rooms Meeting rooms and convention facilities Retail establishments (except those whose primary business is the sale o...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
I am sure that many of you have been reading about the real estate market, the subprime mortgage mess and the liquidity crisis. Well for those sellers in the Wilderness subdivision it must feel like the red hot 2005 market. Houses in Wilderness are flying off the market at record pace. For sale signs are being replaced with a sold sign as quickly as Vince Coleman stealing second in the Royals hey day. If you are buyer looking at a home in Wilderness you might want to pull the trigger quickly, for the next person through just might beat you to it. If you are contemplating selling your home, now could be a great time to capitilize on the strength of the current sales market in Wilderness. Lets take a look at some of the recent home sales in WildernessNovember 2007 Home SaleProperties List...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Willow Bend in Overland Park continues to be a family favorite. While prices have remained flat or have even declined in some neighborhoods, Willow Bend's prices have steadily increased. The subdivision is a great mix of 2 story and split level homes. Willow Bend s also surrounded by all of the ammenities you could ash for. Within a mile you will find Super Walmart, Target, Price Chopper and LLywellens pub. The biggest draw is the Schools, Blue Valley is one of the finest districts around. If you are looking for a perfect place to lay down your roots, check out Willow Bend Willow Bend Recent Home SalesNovember 2007Homes Sold       1Homes Listed    2Average price    $204,000Days to sell        18 Are you looking for a great home click below to start your home search 
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
It seems the construction on Nall haven't hurt the home sales in Hampton Place. The sales pace this fall remains hot as Hampton Place remains one of the best destinations for families in Southern Overland Park. To help you learn more about Hampton Place and it's surrounding area we have created a virtual tour of the nieghborhood.   Hampton Place Tour click Here  Here is Novembers sales number Homes Listed                   2Homes Sold                     4Average price                  $345,237Average Day to sell           25 Right now Hampton Place is suffering from a significant lack of resale inventory. If you are considering selling your home, now could be a great opportunity to capitilize on the lack of homes for sale in this fantastic neighborhood.   Click here to see all of the h...
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By Mike Russell, Overland Park Kansas Real Estate
(Mike Russell Real Estate Group)
Every time I pick up the paper or turn on the evening news there is a story about the Housing market or as the news likes to put it the troubled housing market. As a realtor I think the hardest part of my job right now is dispelling myths and rumors. The mortgage crisis, the housing meltdown, who are you to believe? I want to give a boost of confidence to anyone who want's to buy a home but has been a little gun shy because of all of the media bashing lately.Yes, it is a buyer's market but not the kind that you think. When most people think of a buyers market they see sellers begging you to buy their home, please, please buy me. I promise I will be a good home for you, just pick me I will sell it to you for what ever you want. Well that is not the case but let me tell you why I think th...
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By Chris Dowell, Dowell Family Team
(ReeceNichols Olathe)
The real estate stats for Overland Park, Kansas zip code 66214 in the 3rd quarter 2007 are:The average sales price is down 1.17% to $176,700 from the previous quarter. The total number of homes sold is up 29.63% to 35 homes from the previous quarter. The average days on the market for homes that sold in the 3rd quarter was 38 days and the average home sold for 99.1% of list price.To view the complete Johnson County real estate stats for the 3rd quarter of 2007, go to: http://stats.dowelltaggart.com/ To view Overland Park, KS. homes for sale, go to: http://overlandpark.dowelltaggart.com/Information provided by the Dowell Taggart Team http://www.dowelltaggart.com/ 
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