Comments Off on Leawood Kansas Real Estate Market Update – May 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 20 homes sold in Leawood the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.0 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Leawood Kansas. The average new listing the past 15 days came on the market around $736,000, while the average sales price during the same time period was around $509,000.

Type # Average $ Avg DOM
Listings Past 15 Days 51 $736,315
Total Active Listings 160
Newest Contracts Written 31 $512,776 61
Sold (closed) Past 15 Days 20 $509,208 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 20 homes sold in Leawood Kansas were on the market an average of 63 days, while the last 31 homes to go under contract did so in 61 days on average. We can assist you with buying or selling a home in Leawood, so please contact The Jason Brown Group 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 and with buying a Leawood Kansas home.

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Posted by Jason Brown

 

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