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

The Pulse Of The Kansas City Real Estate Market

Johnson County Kansas Real Estate Update
Recent Real Estate Market Activity In Johnson County KS

Using the 20 homes sold in Leawood Kansas 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. The average new listing the past 15 days came on the market around $572,000, while the average sales price during the same time period was around $450,000.

Type # Average $ Avg DOM
Listings Past 15 Days 45 $572,402
Total Active Listings 210
Newest Contracts Written 36 $490,065 70
Sold (closed) Past 15 Days 20 $449,440 36

* 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 36 days, while the 36 homes to go under contract during the same time period did so in 70 days on average. We can assist you with buying or selling a home in Leawood KS, so please contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding 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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