Leawood KS real estate insider – October 2018: Info on the Seller’s market & Leawood homes for sale

The Jason Brown Group

Leawood Kansas Real Estate Update

There were 36 homes sold (closed) in Leawood Kansas the past 15 days. Comparing that sales volume to the 216 homes currently for sale in Leawood, the city has 3.0 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Leawood and a strong market as we head into fall. The average new listing the past 15 days in Leawood Kansas came on the market around a $643,000 list price and the average sales price during the same time period was nearly $508,000.

Type # Average $ Avg DOM
Listings Past 15 Days 53 $643,397
Total Active Listings 216
Newest Contracts Written 25 $445,197 65
Sold (closed) Past 15 Days 36 $507,764 52

* 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 36 homes sold in Leawood Kansas were on the market an average of 52 days, while the more recent 25 homes to go under contract did so in 65 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, currently getting the majority of our listings under contract within 2 weeks and for 100% of list price. 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!

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Posted by Jason Brown

 

Leawood Kansas Real Estate Update – June 2010

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

Using the past 15 days of real estate market stats in the chart below, the absorption rate is not looking great in Leawood Kansas. There were just 25 total sales (closed homes) in the entire city of Leawood over this 15 day period. The fact that just 11 homes went under contract – less than one per day – is even more concerning. Using the sold homes compared to the 379 homes currently on the market, there’s 7.6 months of inventory on the market. This is high and will get worse if the pace of homes with contract’s pending  doesn’t pick up soon.

Type

Average $
Avg DOM
Listings Past 15 Days
52
$574,986
Total Active Listings
379
Newest Contracts Written
11
$640,759 127
Newest Sold (Closed)
25 $413,986 111

* 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.

The average new listing the past 15 days came on the market about $160,000 higher than the average home sold for over the same period. At least the pending homes had a high average list price at the time they went under contract ($640,759). If buying or selling a home in Leawood Kansas or the surrounding area is in your future, please contact me for assistance.  As your Leawood Kansas Realtor, I’ll get you the market information you need to make an informed real estate decision.

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Posted by Jason A. Brown