Comments Off on Shawnee Kansas Real Estate Market Update – November 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

Using the 37 homes sold in Shawnee Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.3 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $241,000, while the average sales price during the same time period was around $243,000.

Type # Average $ Avg DOM
Listings Past 15 Days 52 $241,166
Total Active Listings 245
Newest Contracts Written 35 $240,888 67
Sold (closed) Past 15 Days 37 $242,485 72

* 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 37 homes sold in Shawnee Kansas were on the market an average of 72 days, while the last 52 homes to go under contract did so in 67 days. We assist home buyers and home sellers in Shawnee Kansas, so please contact us with any questions you have about real estate in the area. You can also find in-depth details on our website regarding selling a Shawnee Kansas home and with buying a Shawnee Kansas home.

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Posted by Jason Brown


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