Leawood Kansas residential real estate update ~ November 2020

The Jason Brown Group

Leawood Kansas Real Estate Update

There were 26 homes sold (closed) in Leawood Kansas the past 15 days. Comparing that sales volume to the 124 homes currently for sale in Leawood, the city has 2.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Leawood and a continued fast moving market. The average new listing the past 15 days in Leawood Kansas came on the market in the $690’s price range, while the average sales price of homes closed during the same time period was in the $590’s.

Type # Average $ Avg DOM
Listings Past 15 Days 52 $694,087
Total Active Listings 124
Newest Contracts Written 45 $663,829 49
Sold (closed) Past 15 Days 26 $599,950 40

* 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 26 homes sold in Leawood Kansas were on the market an average of 40 days, while the most recent 45 homes to go under contract did so in 49 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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Posted by Jason Brown

Leawood Kansas Real Estate Update – October 2010

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 there’s 13.7 months of inventory on the market. As it has been for some time in Leawood Kansas, this is very high. Simply put, the short-term rate of sales is far too low when compared to the high amount of residential real estate inventory on the market in Leawood. The average sales prices of the homes that did sell was quite impressive though — averaging over $750,000 sales price the past 15 days in the city.

Type

#

Average $

Avg DOM

Listings Past 15 Days

23 $417,983

Total Active Listings

355

Newest Contracts Written

11 $377,604 180

Newest Sold (Closed)

13 $759,966 158

* 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.

Closed sales in the coming month or two doesn’t project to be much better, with just 11 homes going under contract the past 15 days in the entire city of Leawood. When you consider that for half a month we didn’t average one home sale per day, it becomes clear that the market is an extremely challenging one for Leawood Kansas home sellers. Clearly in a buyer’s market, there’s a lot of great deals out their for home buyers — more than 350 homes for sale in Leawood in fact.

If you’ll be buying or selling a home in Leawood Kansas, please contact me to discuss your real estate situation. I’d look forward to helping you sell your Leawood Kansas home for as much as the market will bear and as quickly as possible. If you’re looking to buy an area home, I’ll help you by going over the available inventory, locating the perfect home and in representing your best interests all the way through the home buying process.

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Posted by Jason A. Brown

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