Lee’s Summit MO Real Estate Update
There were 37 homes sold (closed) in Lee’s Summit Missouri the past 15 days. Comparing this sales rate to the current 327 homes for sale in Lee’s Summit, the city has 4.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Lee’s Summit. The average new listing the past 15 days in Lee’s Summit Missouri came on the market around a $298,000 list price, while the average sales price during the same time frame was nearly $219,000.
|Type||#||Average $||Avg DOM|
|Listings Past 15 Days||33||$297,945||—|
|Total Active Listings||327||—||—|
|Newest Contracts Written||40||$279,038||72|
|Sold (closed) Past 15 Days||37||$218,725||62|
* 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 37 homes sold in Lee’s Summit Missouri were on the market an average of 62 days, while the last 40 homes to go under contract did so in 72 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Lee’s Summit Missouri home.
The Jason Brown Group gives Lee’s Summit Missouri home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Lee’s Summit home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Lee’s Summit Missouri home or buying a Lee’s Summit Missouri home and contact us for personal real estate assistance.
Posted by Jason Brown