Comments Off on Leawood Kansas Real Estate Update – November 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 6.6 months of inventory currently on the market. This is quite an improvement for the Leawood real estate market since the 12.1 months of inventory when we checked the Leawood real estate stats in September. The improvement is mostly due to a reduction down to 239 homes for sale in Leawood, which is down from 325 homes for sale back in September.

Type # Average $ Avg DOM
Listings Past 15 Days 26 $454,514
Total Active Listings 239
Newest Contracts Written 20 $390,580 147
Newest Sold (Closed) 18 $331,107 118

* 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 18 homes that sold (closed) in Leawood did so in less than 4 months time, which is also an improvement over the nearly 6 months it was taking to sell homes to sell back in September. If you are making plans to buy or sell a home in Leawood Kansas, my group looks forward to guiding you through the process. Here’s information on how we can assist you with selling a Leawood home or buying a Leawood home. Please contact us with any questions you may have!

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Posted by Jason Brown

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