Comments Off on Shawnee Kansas Real Estate Market Update – March 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Shawnee Kansas Real Estate Update
Recent Real Estate Market Activity In Shawnee KS

Looking at the past 15 days of real estate sales activity in the city of Shawnee Kansas and comparing it to the current volume of homes for sale, we find there’s 3.1 months of inventory in the city. This amount of inventory indicates a seller’s real estate market and it’s the lowest volume of inventory I’ve seen in Shawnee Kansas since in more than five years. The average new listing the past 15 days came on the market around $243,000 and the average sales price during the same time period was nearly $216,000.

Type # Average $ Avg DOM
Listings Past 15 Days 54 $242,585
Total Active Listings 225
Newest Contracts Written 52 $246,595 91
Sold (closed) Past 15 Days 36 $215,662 159

* 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 36 homes that sold (closed) in Shawnee Kansas were on the market an average of 159 days. But that time is improving greatly as the last 52 homes that went under contract were on the market just 91 days on average. Whether you’re looking to buy or sell a home in Shawnee Kansas, my real estate group can assist you through the process. Please contact us with any real estate questions you may have and you will find more details here regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Posted by Jason Brown

 

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