Shawnee Kansas Real Estate Market – May 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 46 homes sold in Shawnee Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.6 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 $279,000, while the average sales price during the same time period was around $238,000.

Type # Average $ Avg DOM
Listings Past 15 Days 74 $279,218
Total Active Listings 243
Newest Contracts Written 60 $245,139 65
Sold (closed) Past 15 Days 46 $238,009 69

* 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 46 homes sold in Shawnee Kansas were on the market an average of 69 days, while the 60 homes to go under contract during the same time period did so in 65 days on average. We can assist you with buying or selling a home in Shawnee Kansas, so please contact The Jason Brown Group with all of your Shawnee Kansas real estate needs. You can also start the process by finding detailed real estate information on our site regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Posted by Jason Brown