Find area information and real estate listings for the Birchwood Hills Subdivision, Overland Park, Kansas. Learn more about Birchwood Hills, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.
In the last 12 months Birchwood Hills has had 10 homes sold/closed as of January 4, 2019. This ratio of homes sold over time is called the absorption rate. The most recent absorption rate averaged over the last 12 months is one home per month. At the time of writing there is a single home for sale in Birchwood Hills. If the most recent absorption rate continues it would take, on average, one month to sell all of the homes for sale, when one comes on the market again, assuming that all homes would sell, and that no additional 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.High demand for homes in Birchwood Hills gives home sellers a market advantage. Home sale prices in the last 12 months, as of January 4, 2019, ranged from a low of $325k to a high in the $390’s. The median sales price was $343K.