Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Shawnee KS
Recent 15 Days of Shawnee Kansas Market Activity
Using the past 15 days of market stats to calculate the absorption rate in Shawnee Kansas, we find there’s 6.3 months of inventory on the market. This figure is based on the 369 homes for sale in Shawnee Kansas. These stats are much improved from a little over a month ago when we had well more than a year of inventory on the market in Shawnee. The improvements were seeing are mostly do a higher volume of sales (closings) over the past 15 days, rather than fewer homes being present on the market.
|
Type |
# |
Average $ |
Avg DOM |
|
Listings Past 15 Days |
66 | $229,067 |
– |
|
Total Active Listings |
369 |
– |
– |
|
Newest Contracts Written |
42 | $210,416 | 146 |
|
Newest Sold (Closed) |
29 | $183,368 | 161 |
* 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 volume of homes that went pending (42) the past 15 days was even more impressive and gives hope for an improving Shawnee Kansas real estate market. A close eye will need to be kept on home prices because the average listing came on the market at nearly $230,000, while the average sales price was close to $183,000. If your real estate goals involve buying or selling a home in Shawnee, please contact us to discuss your situation and how we can assist you.
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Shawnee Kansas
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Shawnee Kansas Property Tax Structure
Posted by Jason A. Brown
