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2017
TABLE OF CONTENTS
Goodlifekc Team
COLDWELL BANKER GOOD LIFE
10865 Grandview Drive Ste. 2050
Overland Park, KS 66210
www.GoodLifeKC.com
913.345.9999
https://www.facebook.com/GoodLifeKansasCity?ref=hl
https://twitter.com/GoodLifeKC
JOHNSON COUNTY
Monday, May 1, 2017 Goodlifekc Team
COLDWELL BANKER GOOD LIFE
913.345.9999
Properties For Sale Number of Listings For Sale vs. Pending Contract
Contracts Pending Johnson County
600
Updated 5/1/2017, RealMarketReports.com
Copyright Goodlifekc Team
500
400
300
200
100
0
$0K
$100K
$200K
$300K
$400K
$500K
$600K
$700K
$800K
$900K
$1.0M
$1.1M
$1.2M
$1.3M
$1.4M
A total of 3489 contracts have closed
Sold Num Sold vs. Off-Market (Last 6 mos.) in the last 6 months with a median sold
Off-Market Johnson County price of $275,000. Breaking it down,
1400 we notice that the $200K - $300K price
Updated 5/1/2017, RealMarketReports.com
1200
Copyright Goodlifekc Team range contains the highest number of
sold listings.
1000
Alternatively, a total of 643 listings
800
have failed to sell in that same period
600 of time. Listings may fail to sell for
many reasons such as being priced
400 too high, having been inadequately
marketed, the property was in poor
200
condition, or perhaps the owner had
0 second thoughts about selling at this
particular time. The $200K - $300K
$0K
$100K
$200K
$300K
$400K
$500K
$600K
$700K
$800K
$900K
$1.0M
$1.1M
$1.2M
$1.3M
$1.4M
JOHNSON COUNTY
Monday, May 1, 2017 Goodlifekc Team
COLDWELL BANKER GOOD LIFE
913.345.9999
$100K
$200K
$300K
$400K
$500K
$600K
$700K
$800K
$900K
$1.0M
$1.1M
$1.2M
$1.3M
$1.4M
quickest over the last six months.
JOHNSON COUNTY
Monday, May 1, 2017 Goodlifekc Team
COLDWELL BANKER GOOD LIFE
913.345.9999
ABSORPTION RATE
MARKET SUMMARY TABLE 1844 PENDING [2] 643 OFF-MARKET (last 6 mos) [3] (months of inventory)
A = Average Value
M = Median Value
N/A = Not Available
1288 ACTIVE [1] 3489 SOLD/CLOSED (last 6 months) [4]
JOHNSON COUNTY
Monday, May 1, 2017 Goodlifekc Team
COLDWELL BANKER GOOD LIFE
913.345.9999
a. Number Active: The number of listings for sale which are currently being marketed but do not yet have a purchase
agreement.
b. Days on Market (DOM): The marketing period of currently active listings. This does not account for some listings
which have had a previous listing period, but were re-entered as a new listing.
c. Current List Price: The price that a property seller is currently asking.
2. CONTRACTS PENDING
a. Number Pending: The number of current listings for which a contract has been signed but has not yet closed.
b. Pending Ratio: Sometimes called a list-to-pending ratio. This is a measure of how fast properties are going under
contract vs. how fast they are being listed.
3. OFF-MARKET
a. Number Off-Market: The number of listing agreements that have failed to close in the last 6 months. Some
owners may choose to re-offer their property for sale.
a. Number Sold: The number of properties that have gone to a closing in the last 6 months.
b. Days on Market (DOM): The marketing time it has taken properties to sell in the last 6 months.
c. Original List Price: The price at which a sold property was originally marketed.
d. Final List Price: The price at which a sold property was marketed just prior to selling.
f. List to Sales Ratio: The percentage of the list price that the buyer ultimately paid for the property.
a. Absorption Rate / Months of Inventory: An estimate of how fast listings are currently selling measured in months.
For example, if 100 properties sell per month and there are 800 properties for sale - there is an 8 month supply of
inventory before counting the additional properties that will come on the market.