Number of homes listed for sale (supply) 143

Number of listed homes sold in the last 6 months (demand) 134

Absorbtion Rate (avg number of houses sold per month) 23

Number of months of Inventory (supply/demand) 6.4

Market Condition Slight neutral

Despite the credit crisis – Prairie Village is still showing some relative strength in the market. Sales are down from where they were 90 days ago by about 50%. While that sounds horrible, considering the events of the stock market, credit crisis and massive media attention to the ailments of the housing market, Prairie Village is doing well.

Location Characteristics: Prairie Village is a sought after city due to its great south central location to Kansas city, beautiful mature trees, and strong community. Prices range from the low 100’s to the multiple millions. Homesite size can range from 1/8 acres to multiple acres

My website page for Prairie Village Real Estate .


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