Comments Off on Leawood Kansas Real Estate Market Update – March 2012

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 9.7 months of inventory on the market. This amount of inventory indicates a buyer’s market in the Leawood Kansas area. More than double the number of homes went under contract as those that sold (closed) and if all those homes make it the closing table, the next time we check on the market stats in Leawood they’ll likely be much improved.

Type # Average $ Avg DOM
Listings Past 15 Days 39 $497,823
Total Active Listings 252
Newest Contracts Written 29 $358,091 189
Newest Sold (Closed) 13 $406,183 190

* 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 closed the past 15 days in Leawood took an average of 190 days to do so. If you are making plans to buy or sell a home in Leawood Kansas, we look forward to giving you the market stats to make an informed real estate decision. We can guide you through the real estate process and here’s information about on how we can assist you with selling your Leawood Kansas home and with buying a Leawood Kansas home. Please contact us with any questions you may have.

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Posted by Jason Brown

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