******** Hampton Place Home Sales Report for June 2013 *******
What a difference a few months can make. While the real estate market has been recovering slowly since the end of 2011, nobody could have been prepared for the explosion in sales that has taken place in the last several months. Hampton Place has been a big part of that sales explosion. Homes in Hampton Place are blowing off the market, especially in the $250,000 to $300,000 price range. Recent buyers are showing a high desire to locate within the Blue Valley School district and Hampton Place is a highly desirable location for young couples.
While we have a large number of buyers wanting to purchase in Hampton Place, the number of available homes in shockingly low. Currently there are only 2 homes actively for sale and no available homes in the coveted $250,000 to $300,000 price range.
With the inventory being so low we are expecting the summer home sales season to extend well into the fall. The low inventory is creating havoc for would be buyers with many properties acttracting multiple offers but if you are a seller, the low inventory is creating price appreciation and makes right now a good opportunity to sell for top dollar.
Here are the sales statistics for Hampton Place from January 2013 to June 2013
Homes Currently for Sale 2
Pending Sales 5
Homes Sold 17
Average List Price $312,494
Average Sold Price $301,853
Highest Sales Price $378,000
Lowest Sales Price $240,000
Average Days to Sell 45
Thinking about selling your Hampton Place homes? The Russell Home Team has Sold 4 homes in Hampton Place this year and we are Hampton Place residents. WE know the market for your home and have buyers actively looking to move into Hampton Place. Call us today at 913-681-1383 for a no obligation market analysis on your home.
Mike Russell is a REALTOR with Keller Williams Realty. Mike specializes in Johnson County Kansas Homes and Real Estate for sale. Mike is a tech savvy realtor with over 17 years experience. Did you enjoy Mike's Blog? Feel free to subscribe or join Mike on his Social Network to stay up to date on Overland Park, Olathe, Leawood, Lenexa, Shawnee and all of Johnson Counties real estate news and more...
Mike Russell & Associates can be reached at 913-266-5828 or MRussell@KW.com or www.SearchjocoHomes.com