Find area information and real estate listings for the Bel Air Heights Subdivision, Overland Park, Kansas. Learn more about Bel Air Heights, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.
In the last six Months Bel Air Heights has had 13 homes sold/closed as of November 29, 2018. This ratio of homes sold to time is called the absorption rate. The most recent absorption rate over the last six months is 2.2 homes per month. Currently there is only one home for sale in Bel Air Heights. If the most recent absorption rate continues it would take just two-three months to sell all of the homes for sale, assuming that all homes would sell, and that no new homes came on the market.In general terms a market is considered balanced when the supply of homes equals 5.5 to 6.5 months of inventory compared to demand or absorption rate. The lower the month's supply of home is, the seller tends to see an advantage in price or terms. The higher the months supply of homes the more advantage there is to the buyer in terms of price or terms.