Roeland Park Kansas Johnson County
Roeland Park is a suburb of Kansas City. Housing is generally very affordable. Roeland Park is close to the Plaza for upscale shopping and Dining. Roeland is a Tree City, USA. With a population of just over 7,200 according to the 2000 census, Roeland Park is one of the smaller suburban areas around Metropolitan Kansas City.
Roeland Park Housing Market Conditions as of October 13, 2008
Number of homes listed for sale (supply) 62
Number of listed homes sold in the last 6 months (demand) 40
Absorbtion Rate (avg number of houses sold per month) 7
Number of months of Inventory (supply/demand) 9.3
Market Condition: Buyer advantage
With the recent havoc caused by the credit crisis the sales pace in Roeland Park has dropped by half from what is was just 90 days ago. There are more sellers than buyers giving the buyers a distinct advantage.