Leawood Kansas Real Estate Update
There were 14 homes sold (closed) in Leawood Kansas the past 15 days. Comparing that sales volume to the 161 homes currently for sale in Leawood, the city has 5.75 months of inventory on the market. This volume of real estate inventory is higher than we’ve seen in recent years and indicates a balance market in the Leawood area. The holiday season is likely playing a role in the rise in months of inventory on the market and we’ll see how things look at our next update. The average new listing the past 15 days in Leawood Kansas came on the market around a $540,000 list price and the average sales price during the same time period was nearly $611,000.
|Type||#||Average $||Avg DOM|
|Listings Past 15 Days||19||$539,645||—|
|Total Active Listings||161||—||—|
|Newest Contracts Written||10||$879,495||120|
|Sold (closed) Past 15 Days||14||$611,133||132|
* 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 14 homes sold in Leawood Kansas were on the market an average of 132 days, while the more recent 10 homes to go under contract did so in 120 days on average. It’s taking longer at the moment to get homes under contract than we’ve seen much of the past few years in Leawood, but the time of year is at least partly to blame for the longer days on market. We look forward to helping you assess the effect these market stats have on your real estate investment and the decisions you make when buying or selling a Leawood Kansas home.
The Jason Brown Group provides expert home seller representation, getting the majority of our listings under contract quickly. We provide expert home buyer representation through the real estate process, while helping clients locate the best available area homes for sale. Learn more about how we can help you with selling a Leawood home or buying a Leawood home. We look forward to helping you achieve your real estate goals… Contact Jason Brown today!
Posted by Jason Brown