Comments Off on Shawnee Kansas Real Estate Market Update – December 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 23 homes sold in Shawnee the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.9 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $210,000, while the average sales price during the same time period was around $242,000.

Type # Average $ Avg DOM
Listings Past 15 Days 31 $210,212
Total Active Listings 223
Newest Contracts Written 19 $237,986 56
Sold (closed) Past 15 Days 23 $241,870 63

* 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 23 homes sold in Shawnee Kansas were on the market an average of 63 days, while the last 19 homes to go under contract did so in average of 56 days. We can help you with buying or selling a home in Shawnee or the surrounding area, so please contact us with any questions you have about Shawnee Kansas real estate. You can also start the process by finding detailed real estate information on our site regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Posted by Jason Brown

 

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