Comments Off on Shawnee Kansas Real Estate Update – June 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Shawnee Kansas

15 Day Glance At The Shawnee KS Real Estate Market

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 6.2 months of inventory currently on the market. This amount of inventory is considered a buyer’s market but this is as close to a stable real estate as we’ve seen in Shawnee in some time. The average price of the new listings the past 15 days was also very close to the average sales prices during the same period. So Shawnee Kansas home sellers appear to be pricing their homes realistically for current market conditions.

Type # Average $ Avg DOM
Listings Past 15 Days 64 $217,390
Total Active Listings 468
Newest Contracts Written 35 $195,614 94
Newest Sold (Closed) 38 $211,632 184

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The last 35 homes that went under contract in the city of Shawnee did so in 94 days and that’s a promising trend. If you’re making plans to buy or sell a home in Shawnee Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Shawnee Kansas home or with buying a Shawnee Kansas home. Please contact us with any questions you may have and we look forward to assisting you!

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Posted by Jason Brown

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