Comments Off on Leawood Kansas Kansas Real Estate Update – September 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 12.5 months of inventory currently on the market. This amount of inventory indicates it remains a buyer’s market in the city of Leawood. The sales rate over the past 15 days will need to pick up to eat into the 325 homes for sale in Leawood. The average home that sold (closed) in Leawood the past 15 days did so for around $364,000, while the average new listing came on the market at just above $441,000.

Type # Average $ Avg DOM
Listings Past 15 Days 42 $441,102
Total Active Listings 325
Newest Contracts Written 29 $449,890 178
Newest Sold (Closed) 13 $363,746 158

* 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.

There was a promising trend with the homes that went under contract the past 15 days as the average list price of those homes was nearly $450,000 (list price when the homes went under contract). The volume of homes that went under contract was also more than double the number of homes that closed during the same 15-day period. If you’re making plans to buy or sell a home in Leawood Kansas, we can guide you through the process. Please let us know more about your real estate goals and learn more about how we can help you with selling your Leawood home or with buying a Leawood home.

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Posted by Jason Brown

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