Leawood Kansas Real Estate Update – June 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Leawood Kansas
15 Day Glance At The Leawood KS Real Estate Market

After calculating the absorption rate over the past 15 days in Leawood Kansas, we find the city has 9.2 months of inventory currently on the market. This is an improvement on the more than 13 months of inventory when we took a look at Leawood’s stats in May, but it continues to be a buyer’s market in Leawood. The average sale price the past 15 days ($458,495) compared well against the average priced new listing in Leawood ($437,407) over the same period.

Type # Average $ Avg DOM
Listings Past 15 Days 60 $473,407
Total Active Listings 349
Newest Contracts Written 34 $448,782 122
Newest Sold (Closed) 19 $458,495 185

* 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 days on market is high in Leawood as the average listing took more than 6 months to sell. If you are making plans to buy or sell a home in Leawood Kansas, we’d look forward to representing your best interests through the process. Here’s more details about how we can assist you with selling your Leawood area home or with buying a Leawood area home and please contact us with any questions you may have. We look forward to assisting you with buying or selling a home in Leawood or the surrounding area.

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Posted by Jason Brown

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