The prices in real estate in Overland Park, in the Kansas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Overland Park has increased strongly during the last 6 months. In April, the average price per sq.feet was $218. In May this price pretty much remained the same at a value of $213 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $215.5 to $228.5 per sq.feet. The price per sq.feet has had a considerable increase of 549 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $222 to $1,218.5 during August, and September.
Based upon to the price in Overland Park (cities), these have remained the same in the last 6 months. The average price for April is $668,704. During May the price had a slight fall till $616,720. In the following two months the average price has remained the same with regard to the previous two months from $642,712 to $637,163. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $684,377 they are 96 % more affordable than the average price for Overland Park. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $399,746.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $59 / sq.feet, with an average $1,533 / sq.feet price in Overland Park. The properties with the highest average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 2 bedrooms with a price at $220 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $684,377 it is 80 % cheaper than the average price in Overland Park. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Duplex" followed by "House". At a price of $692,967 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $152 / sq.feet followed by "Townhouse" priced at $577 / sq.feet. "Duplex" is the most costly type of property with a $5,290 / sq.feet cost followed by "House" with an average price of $1,833 / sq.feet.