Johnson County Housing Market Trends

Real Estate is local. To give you the true picture, we update the Johnson County market trends weekly.

Johnson County Kansas Housing Report

Johnson County Kansas Market Update

Johnson County Kansas Housing Inventory

Explanation of the Numbers

To sort it out, think about houses in simple supply and demand terms. The more homes there are for sale, the lower the pricesare. Fewer homes for sale mean higher prices. Even though we are emotionally attached to our homes and they have different characteristics, they are a commodity.

Report Terms

Absorption Rate – How many homes are for sale versus how many sold last month. When there is more than a six month supply of homes for sale, it is a “buyer’s market”. Less than a six months supply, it is a “seller’s market”.
Newly Listed – How many homes just came on the market for sale.
Total Inventory – How many total homes are for currently for sale.
Average Days on Market – This is the average number of days a home is on the market before selling.
7 day vs. 90 day Averages – The below charts show 7 day and 90 day averages. The 7-day averages provide a snapshot, while the 90-day averages smooths out wide swings, providing a more reliable view of the Johnson County market.

Explanation of the Numbers

To sort it out, think about houses in simple supply and demand terms. The more homes there are for sale, the lower the pricesare. Fewer homes for sale mean higher prices. Even though we are emotionally attached to our homes and they have different characteristics, they are a commodity.

Report Terms

Homes Absorbed – How many homes sold.

Newly Listed – How many homes just came on the market for sale.

Total Inventory – How many total homes are for currently for sale.

Average Days on Market – This is the average number of days a home is on the market before selling.

7 day vs. 90 day Averages – The below charts show 7 day and 90 day averages. The 7-day averages provide a snapshot, while the 90-day averages smooths out wide swings, providing a more reliable view of the Johnson County market.

Johnson County Median Home Price Johnson County Kansas Median Home Sale Prices. Updated Weekly.

Johnson County KS Real Estate Market Trends Total Housing Inventory for Johnson County KS – Updated Weekly

Johnson County KS Real Estate Days on Market Johnson County KS Homes Average Days on Market

The Market Action Index answers the question “How’s the Johnson County Kanas Real Estate Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller’s advantage. Below 30, conditions give the advantage to the buyer

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