Comments Off on Shawnee Kansas Real Estate Market Update – January 2014 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 20 homes sold in Shawnee Kansas 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 $250,000, while the average sales price during the same time period was around $217,000.

Type # Average $ Avg DOM
Listings Past 15 Days 42 $250,005
Total Active Listings 195
Newest Contracts Written 45 $234,832 93
Sold (closed) Past 15 Days 20 $216,938 114

* 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 20 homes sold in Shawnee Kansas were on the market an average of 114 days, while the last 45 homes to go under contract did so in an average of 93 days. We can help you with the purchase or sale of a home in the city of Shawnee or the surrounding area, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site 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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