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

Checking The Pulse Of The Kansas City Real Estate Market

Leawood Kansas Real Estate Update
Recent Real Estate Activity In Leawood KS

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 8.3 months of inventory currently on the market. This amount of inventory is considered a buyer’s real estate market in the city of Leawood. This is the highest amount of inventory we’ve seen since spring, though the stats aren’t all the surprising given the sales rate were using comes at a traditionally slower time of year for home sales.

Type # Average $ Avg DOM
Listings Past 15 Days 21 $471,601
Total Active Listings 233
Newest Contracts Written 18 $389,373 64
Sold (closed) Past 15 Days 14 $372,942 62

* 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 14 homes sold (closed) in Leawood Kansas were on the market an average of 62 days. The average sales price the past 15 days was nearly $373,000 and the average new listing came on the market around at close to $472,000. If you are considering buying or selling a home in Leawood Kansas, we can help you through the process. You can find more details here regarding selling a Leawood Kansas home or here regarding buying a Leawood Kansas home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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