Comments Off on Leawood Kansas Real Estate Update – July 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 15.3 months of inventory currently on the market. That is very high and a sales rate of 11 homes closed the past 15 days in the entire city of Leawood is making it tough for Leawood home sellers. 27 homes did go under contract during the same 15-day period and it would be great if all of those homes make it the closing table.

Type # Average $ Avg DOM
Listings Past 15 Days 40 $491,600
Total Active Listings 336
Newest Contracts Written 27 $462,226 94
Newest Sold (Closed) 11 $442,664 58

* 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 figures look good for the homes that went under contract as well as for those last 11 homes to sell in Leawood.  The sold homes were on the market 58 days and the recent 27 homes to go under contract were on the market 94 days. If you are making plans to buy or sell a home in Leawood Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Leawood area home or with buying a Leawood area home.  Please contact us with any questions you may have. We look forward to assisting you!

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Posted by Jason Brown

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