Comments Off on Shawnee Kansas Real Estate Market Update – March 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 32 homes sold in Shawnee the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $266,000, while the average sales price during the same time period was around $240,000.

Type # Average $ Avg DOM
Listings Past 15 Days 85 $265,582
Total Active Listings 218
Newest Contracts Written 68 $216,807 59
Sold (closed) Past 15 Days 32 $240,054 88

* 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 32 homes sold in Shawnee Kansas were on the market an average of 88 days, while the 68 homes to go under contract during the same time period did so in 59 days on average. We can help you with assessing a Shawnee Kansas home purchase or sale, 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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