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 19.6 months of inventory currently on the market. The low number of homes sold (closed) the past 15 days is the main cause for the high volume of inventory. The sales rate will need to improve from the 9 sales in 15 days that we just experienced if we are to eat quicker into the 353 homes for sale in Shawnee. The Thanksgiving holiday didn’t help, with 13 homes went under contract during the past 15 days.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 16 | $194,159 | – |
| Total Active Listings | 353 | – | – |
| Newest Contracts Written | 13 | $163,508 | 82 |
| Newest Sold (Closed) | 9 | $190,970 | 165 |
* 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 average new listing came on the market at just over $194,000, which was in line with average sales prices during the same 15 day period. If you are making plans to buy or sell a home in Shawnee Kansas, The Jason Brown Group shares the market stats that will put you at an advantage in your real estate transaction. Here’s information on how we can assist you with selling your Shawnee KS home or with buying a Shawnee KS home. Please contact us with any questions you have and we look forward to assisting you.
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Posted by Jason Brown
