Find area information and real estate listings for the Deer Creek Subdivision, Overland Park, Kansas. Learn more about Deer Creek, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.
In the last six months Deer Creek has had six 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 averaged over the last six months is one home per month. Currently there are four homes for sale in Deer Creek. If the most recent absorption rate continues it would take just four months to sell all of the homes for sale, 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.