Leawood Kansas Real Estate Market – August 2014 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 30 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $545,000, while the average sales price during the same time period was around $571,000.

Type # Average $ Avg DOM
Listings Past 15 Days 57 $544,932
Total Active Listings 234
Newest Contracts Written 22 $485,216 48
Sold (closed) Past 15 Days 30 $571,150 110

* 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 30 homes sold in Leawood Kansas were on the market an average of 110 days, while the 22 homes to go under contract during the same time period did so in 48 days on average. We can assist you with buying or selling a home in Leawood, 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.

Leawood Kansas Real Estate Information

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Posted by Jason Brown

 

Leawood Kansas Real Estate Market Update – May 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Leawood Kansas Real Estate Update
Recent Real Estate Market Activity In Leawood KS

Taking the past 15 days of real estate sales activity in the city of Leawood Kansas and comparing it to the current volume of homes for sale in Leawood, tells us there’s 4.1 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in Leawood KS. The average new listing the past 15 days in Leawood came on the market around $556,000, while the average sales price during the same period was around $467,000.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $556,472
Total Active Listings 195
Newest Contracts Written 41 $453,427 49
Sold (closed) Past 15 Days 24 $467,398 113

* 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 24 homes sold in Leawood Kansas were on the market an average of 113 days. If you’re making plans to sell or buy a home in Leawood Kansas, my real estate group can represent your best interests throughout the process. Please contact us with any real estate questions you may have and you’ll find a wealth of detailed info on our web site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

Search All Leawood Kansas MLS Listing

View More Local Market Stats

Listing Agents In Leawood Kansas

Buyer’s Agents In Leawood Kansas

Posted by Jason Brown

 

Leawood Kansas Kansas Real Estate Update – September 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Leawood Kansas
15 Day Glance At The Leawood KS Real Estate Market

After calculating the absorption rate over the past 15 days in Leawood Kansas, we find the city has 12.5 months of inventory currently on the market. This amount of inventory indicates it remains a buyer’s market in the city of Leawood. The sales rate over the past 15 days will need to pick up to eat into the 325 homes for sale in Leawood. The average home that sold (closed) in Leawood the past 15 days did so for around $364,000, while the average new listing came on the market at just above $441,000.

Type # Average $ Avg DOM
Listings Past 15 Days 42 $441,102
Total Active Listings 325
Newest Contracts Written 29 $449,890 178
Newest Sold (Closed) 13 $363,746 158

* 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.

There was a promising trend with the homes that went under contract the past 15 days as the average list price of those homes was nearly $450,000 (list price when the homes went under contract). The volume of homes that went under contract was also more than double the number of homes that closed during the same 15-day period. If you’re making plans to buy or sell a home in Leawood Kansas, we can guide you through the process. Please let us know more about your real estate goals and learn more about how we can help you with selling your Leawood home or with buying a Leawood home.

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Posted by Jason Brown

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Leawood Kansas Real Estate Update * 15-Day Real Estate Summary For Leawood KS

Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market

City of Leawood Kansas Real Estate Update

Leawood KS Real Estate Market Stats <> 15-day Glance

Type

#

Average $

Avg DOM

Newest Listings

45

$554,555

View Newest Listings

Total Active Listings

403

Newest Under Contract

18

$397,949*

147

View Newest Under Contract

Newest Solds (Closed)

10

$481,695

110

View Newest Solds

* Average Newest Under Contract considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew a particular category. DOM is Days On Market. Note the date of this post as market stats become outdated. Stats may not be an exact 15 days and stats were pulled AM on 3/18/09.

Leawood Kansas

Leawood Kansas

In the city of Leawood Kansas there continues to be more homes coming on the market than homes going under contract (pending) or than homes being sold (closed). This creates a further surplus of supply in Leawood KS. Using the past 15 days as a basis for figuring the absorption rate in Leawood, there is 20 months of inventory on the market.

There were more homes that went under contract than closed (over the 15-day period) and if we use those 18 homes as the basis, then there’s a little more than 11 months of inventory on the market in Leawood. Better of course but those homes still have to make it the closing table. Also keep in mind that a 15-day period is a small sampling of market activity designed to look at the what’s going on now in the current real estate market. While a 15-day period could indicate a trend it does not necessarily show a real estate markets long-term trend.

Posted by Jason A. Brown

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