Leawood Kansas Real Estate Update – May 2011

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Leawood Kansas
Recent
15 Days of Leawood KS Market Activity

After calculating the absorption rate over the past 15 days in Leawood Kansas, we find the city has 13.8 months of inventory currently on the market. This is very high and due to the fact that in the entire city of Leawood there were just 12 homes Sold (closed) over the 15 day period. 33 homes went under contract during the same 15 days and that’s a solid number. Should most of those homes close, the months of inventory could be drastically lower when we check the stats next month.

Type

#

Average $

Avg DOM

Listings Past 15 Days

43 $544,597

Total Active Listings

330

Newest Contracts Written

33 $453,868 112

Newest Sold (Closed)

12 $342,258 448

* The Average $ of Newest Contracts 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 results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

Leawood Kansas home buyers and home sellers have plenty of options when choosing a Leawood real estate agent. Staying up on your local market before your home goes on the market AND while it’s for sale is critical. Be sure you choose an agent who cares enough about your success to stay current on the local Leawood real estate market stats and to keep you informed so you can make the best real estate decisions. 

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Posted by Jason A. Brown

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