Comments Off on Shawnee Kansas Real Estate Update – October 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 9.9 months of inventory currently on the market. This amount of inventory indicates a buyer’s market in the Shawnee Kansas area. The homes that sold (closed) in the city the past 15 days took an average of 97 days to do so. The average price of the new listings to hit the market the past 15 days was almost $226,000, while the average sales price was about $191,000.

Type # Average $ Avg DOM
Listings Past 15 Days 44 $225,971
Total Active Listings 437
Newest Contracts Written 22 $239,330 131
Newest Sold (Closed) 22 $191,097 97

* 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 homes that went under contract the past 15 days did so at an impressive average list price of almost $240,000. If you are making plans to buy or sell a home in Shawnee Kansas, myself or one of real estate specialists look forward to assisting you through the process. Here’s information on how we can assist you with selling your Shawnee area home or with buying a Shawnee area home. Please contact us with any questions you have about Shawnee Kansas real estate.

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Posted by Jason Brown

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