Comments Off on Leawood Kansas Real Estate Update – March 2011
Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Leawood Kansas
Recent
15 Days of Leawood KS Market Activity

After calculating the absorption rate during the past 15 days in Leawood Kansas, I find there’s currently 21 months of inventory on the market. This is the highest I’ve seen at any point of checking the market stats in the past several years. Having just 7 closings in the entire city over a 15-day period is making it very difficult for Leawood home sellers. Of course, it’s a great time to buy a home in Leawood and you should get in contact with a Leawood buyer’s agent to discuss the great deals and motivated home sellers that are present in our current market.

Type

#

Average $

Avg DOM

Listings Past 15 Days

44 $545,699

Total Active Listings

298

Newest Contracts Written

18 $571,200 305

Newest Sold (Closed)

7 $394,429 163

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

The sales rate is going to have to pick up drastically to eat into nearly 300 homes for sale in Leawood. The average sales price over the 15-day period was just under $400,000 while the average price of the new listings coming on the market was nearly $550,000. It’s important that Leawood home buyers and sellers connect with a great listing agent or buyer’s agent who can explain the current market conditions and who works diligently to take of the client. If selling or buying a home in Leawood is in your future, please contact me to discuss your real estate goals in detail.

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Leawood Kansas

Leawood Kansas

Featured Leawood Kansas Link…
List Of Many Leawood Kansas Homeowner’s Associations
Posted by Jason A. Brown

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