Comments Off on Leawood Kansas Real Estate Market Update – February 2014 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 9 homes sold in Leawood the past 15 days to calculate the absorption rate in the city, we find there’s currently 6.7 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Leawood Kansas. The average new listing the past 15 days came on the market around $543,000, while the average sales price during the same time period was around $424,000.

Type # Average $ Avg DOM
Listings Past 15 Days 25 $543,345
Total Active Listings 121
Newest Contracts Written 24 $524,405 137
Sold (closed) Past 15 Days 9 $424,306 100

* 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 9 homes sold in Leawood Kansas were on the market an average of 100 days, while the last 24 homes to go under contract were on the market 137 days on average. We can assist you with buying or selling a home in Leawood, so please contact us with any questions you have about real estate in the area. You can 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

 

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