Leawood KS real estate market update ~ April 2021

The Jason Brown Group

Leawood Kansas Real Estate Update

There were 15 homes sold (closed) in Leawood Kansas the past 15 days. Comparing that sales volume to the 56 homes currently for sale in Leawood, the city has 1.9 months of inventory on the market. This volume of real estate inventory indicates a continued seller’s market in Leawood. The average new listing the past 15 days in Leawood Kansas came on the market in the $800’s price range, while the average sales price of homes closed during the same time period was in the $560’s.

Type # Average $ Avg DOM
Listings Past 15 Days 11 $803,309
Total Active Listings 56
Newest Contracts Written 49 $665,332 45
Sold (closed) Past 15 Days 15 $565,560 138

* 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 15 homes sold in Leawood Kansas were on the market an average of 138 days, while the most recent 49 homes to go under contract did so in 45 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 Leawood Kansas home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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!

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Old Leawood Real Estate Stats ~ Old Leawood Homes For Sale In Leawood Kansas

Checking The Pulse Of The Kansas City Real Estate Market

Old Leawood Community Real Estate Stats
Old Leawood Area in Leawood KS

The Old Leawood market stats dating back a year to February 2014 reflect 173 homes Sold (closed) during the year period. The average sales price in Old Leawood was $456,411 and the area had sales prices ranging from $90,000 to $2,475,000 over the 12-month period.

Comparing the 35 Active homes for sale in Old Leawood to the demand for homes the past year in the community, there’s 2.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Old Leawood. The average current list price of $504,091 is higher than the average sales price the past 12 months in Old Leawood. The Old Leawood area is a popular Leawood Kansas community and located within close proximity to parks, shopping and dining amenities and near access to I-435 Highway in Leawood.

Old Leawood In Leawood Kansas

Old Leawood In Leawood Kansas

Old Leawood covers the northern portion of Leawood Kansas in the 66206 zip code and is served by the Shawnee Mission School District. Most of the homes in the Old Leawood area were built from 1942 to 1978. If your plans include buying or selling a home in Old Leawood or in one of the surrounding areas of Leawood Kansas, contact The Jason Brown Group for real estate assistance.

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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.

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Old Leawood Subdivision Market Stats ~ Old Leawood Homes For Sale In Leawood Kansas

Checking The Pulse Of The Kansas City Real Estate Market

Old Leawood Community Real Estate Stats
Old Leawood  Area in Leawood KS

The Old Leawood market stats dating back a year to February 2013 reflect 233 homes Sold (closed) during the year period. The average sales price in Old Leawood was $383,623 and the area had sales prices ranging from $125,000 to $1,220,000 over the 12-month period.

Comparing the 33 Active homes for sale in Old Leawood to the demand for homes the past year in the community, there’s 1.7 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in Old Leawood. The average current list price of $538,639 is higher than the average sales price the past 12 months in Old Leawood. The Old Leawood area is a popular Leawood Kansas community and located within close proximity to parks, shopping and dining amenities and near access to I-435 Highway in Leawood.

Old Leawood In Leawood Kansas

Old Leawood In Leawood Kansas

Old Leawood covers the northern portion of Leawood Kansas in the 66206 zip code and is served by the Shawnee Mission School District. Most of the homes in the Old Leawood area were built from 1942 to 1978. If your plans include buying or selling a home in Old Leawood or in one of the surrounding areas of Leawood Kansas, contact The Jason Brown Group for real estate assistance.

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Leawood Kansas Real Estate Market Update – June 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

Looking at 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, there’s 3.6 months of inventory in the city. 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 $588,000, while the average sales price during the same period was nearly $408,000.

Type # Average $ Avg DOM
Listings Past 15 Days 33 $588,226
Total Active Listings 182
Newest Contracts Written 25 $457,744 120
Sold (closed) Past 15 Days 25 $407,760 73

* 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 25 homes sold (closed) in the city of Leawood were on the market an average of 73 days. If you’re considering a move, please contact us regarding your Leawood home buying or home selling situation. You can contact us with any real estate questions you may have and we offer in-depth online real estate regarding selling a Leawood Kansas home and with buying a Leawood Kansas home.

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Continued Improvement In Real Estate Market Has Nearly Pushed State Of Kansas Into A Seller’s Market

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors stats (for the month of March) indicate a strengthening real estate market in the state of Kansas. The volume of home sales continue to rise and with that trend average sales prices are trending higher as well. Overall in Kansas, home sales increased another 4.1% in March, compared to March 2011 market stats. This follows a 3.4% increase at last months check.

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The state has moved back into a balanced real estate market with 5.3 months of inventory on the market. If next months stats show any further improvement, Kansas is likely to move into a seller’s real estate market. The 5.3 months of inventory is a huge reduction over the 7.4 months inventory last month. The rise in home sale prices was even more impressive, with average sales price rising a massive 9% compared to March of last year. This improvement follows up last months even larger 10% increase. 

Locally in the Johnson County Kansas area, the real estate market continues to favor home sellers. Over the past month there were 725 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to 2.9 months of inventory on the market. This is an improvement over last month’s already seller dominant 3.1 months of inventory.


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Leawood Kansas Real Estate Market Update – December 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 12.4 months of inventory currently on the market. This amount of inventory is considered a buyer’s market, though the slower sales rate we’ve seen is typical for the weeks leading up to the holiday season. The average sales price the past 15 days was $342,405 while the average new listing came on the market at $318,108.

Type # Average $ Avg DOM
Listings Past 15 Days 12 $318,108
Total Active Listings 272
Newest Contracts Written 14 $374,400 132
Newest Sold (Closed) 11 $342,405 172

* 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 homes that sold in Leawood Kansas the past 15 days took an average of 172 days to do so. If you are making plans to buy or sell a home in Leawood Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Leawood Kansas home or with buying a Leawood Kansas home. Please contact us with any questions you may have and we look forward to assisting you.

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Leawood Kansas Real Estate Update – September 2009

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


City of Leawood KS Real Estate Update
Past 15 Days of Leawood Kansas Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
44 $501,683
Total Active Listings
381
Newest Contracts Written
28 $460,353 168
Newest Sold (Closed)
17 $495,211 148

* 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 Real Estate

Leawood Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Leawood Kansas, there’s currently 11.2 months of inventory on the market.  This is very high and with more homes coming on the market (44) than selling (17), Leawood  Kansas home sellers could be in for a tough fall.  This is a great time however for Leawood Kansas home buyers who have long wanted to live in the area. There’s a lot of great homes on the market and available at great prices too.

Keep in mind that looking at 15 days of Leawood KS market stats is simply a snap shot of local Leawood real estate activity. Market conditions vary greatly from one Leawood zip code to another and from one subdivision to another. So don’t take this overview of Leawood Kansas real estate activity to be an indication of any particular community within the city. Please let me know when you need specific statistics on your area by commenting on this post or emailing me directly.

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Posted by Jason A. Brown

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Leawood Kansas Real Estate Update – July 2009

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


City of Leawood Real Estate Update
Past 15 Days of Leawood KS Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
32 $569,124
Total Active Listings
404
Newest Contracts Written
30 $460,963 124
Newest Sold (Closed)
28 $407,552 133

* 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 Real Estate

Leawood Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Leawood Kansas, there’s currently 6.3 months of inventory on the market.  There are still too many homes on the market for the number of sales we’re seeing in Leawood. However, for the first time in over a year we almost saw more homes sell (28) than homes come on the market (32). This is promising because the more inventory that’s on the market (supply) the lower housing prices will go.

A close look should be given to the average price of the Active, Under Contract and Sold homes. You can see the 32 new Leawood listings believed their homes were worth an average of $569,000. But the homes that contracts written had an average list price of $461,000 when they went under contract. The 28 homes that sold, did so at an average sales price of $408,000, which puts the average current list price at $188,000 greater than the average sales price over the past 15 days. It’s certainly a buyer’s market in Leawood Kansas.

Do keep in mind that looking at just 15 days of market stats is a small snap shot of Leawood KS activity. Market conditions also vary greatly from one subdivision to another and one home community can be doing well and the one next to it may be struggling. So don’t take just a macro look at market activity and feel free to contact me to discuss your specific home buying or selling situation.

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Posted by Jason A. Brown

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