Leawood Kansas Real Estate Market Update – October 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the 15 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 5.9 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $513,000, while the average sales price during the same time period was around $473,000.

Type # Average $ Avg DOM
Listings Past 15 Days 31 $512,825
Total Active Listings 177
Newest Contracts Written 36 $504,651 111
Sold (closed) Past 15 Days 15 $473,034 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 15 homes sold (closed) Leawood KS were on the market an average of 62 days and the last 36 homes to go under contract were on the market an average of 111 days. We can help you asses your Leawood Kansas home buying or home selling situation and please contact us with any questions you have about real estate in the Leawood area. You can also find detailed real estate information on our site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

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Posted by Jason Brown