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

The Pulse Of The Kansas City Real Estate Market

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

Using the 15 homes sold in Leawood the past 15 days to calculate the absorption rate in the city, we find there’s currently 5.3 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 $482,000, while the average sales price during the same time period was around $459,000.

Type # Average $ Avg DOM
Listings Past 15 Days 65 $482,078
Total Active Listings 160
Newest Contracts Written 35 $483,340 47
Sold (closed) Past 15 Days 15 $459,096 202

* 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 15 homes sold in Leawood Kansas were on the market an average of 202 days, while the last 35 homes to go under contract during the same time period were on the market 47 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 Leawood area. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home or buying a Leawood Kansas home.

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Posted by Jason Brown


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