Checking The Pulse Of The Kansas City Real Estate Market
Shawnee Kansas Real Estate Update
Recent Real Estate Activity In Shawnee Kansas
Using the past 15 days of real estate sales activity in Shawnee Kansas to calculate the city’s absorption rate, we find there’s 3.5 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Shawnee. Shawnee Kansas continues to make a solid market rebound and if the current sales rate continues, it’s likely the market stats will show rising sales prices in the coming months. The average sales price of the last 48 homes to close in Shawnee was nearly $207,000 and those sales had an average of 86 days on market.
|Type||#||Average $||Avg DOM|
|Listings Past 15 Days||54||$250,512||–|
|Total Active Listings||335||–||–|
|Newest Contracts Written||54||$184,722||73|
|Sold (closed) Past 15 Days||48||$206,792||86|
* 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 modest 54 new listings to hit the market the past 15 days and the average new listing came on the market at just over $250,000. We assist Shawnee Kansas home buyers and home sellers every day and if you’re considering purchasing or selling a home the Shawnee area, please contact my real estate for assistance. Find more information here about selling a Shawnee Kansas home and buying a Shawnee Kansas home. If you have specific questions, please contact us for assistance.
Posted by Jason Brown