Leawood Kansas Real Estate Market – January 2015 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 11 homes sold in Leawood the past 15 days to calculate the absorption rate in the city, we find there’s currently 7.0 months of inventory on the market. This amount of inventory indicates a buyer’s real estate market in the city of Leawood. Be aware that the low sales rate due to the holidays often leads to a temporarily high months of inventory at this time of year. The average new listing the past 15 days came on the market around $629,000, while the average sales price during the same time period was around $382,000.

Type # Average $ Avg DOM
Listings Past 15 Days 11 $629,164
Total Active Listings 154
Newest Contracts Written 20 $426,357 162
Sold (closed) Past 15 Days 11 $382,364 89

* 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 11 homes sold in Leawood were on the market an average of 89 days, while the 20 homes to go under contract during the same time period did so in 162 days on average. We can assist you with buying or selling a home in Leawood Kansas, 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