Real Estate In Shawnee Kansas | Real Estate Info and Market Updates for Kansas City, Johnson County Kansas and all of the surrounding metro area

Leawood Kansas Real Estate Update

There were 25 homes sold (closed) in Leawood Kansas the past 15 days. Comparing that sales volume to the 212 homes currently for sale in Leawood, the city has 4.3 months of inventory on the market. This volume of real estate inventory indicates a slight seller’s market in Leawood with a trend towards a more balanced market. The average new listing the past 15 days in Leawood Kansas came on the market around a $680,000 list price and the average sales price of homes closed during the same time period was nearly $508,000.

Type	#	Average $	Avg DOM
Listings Past 15 Days	68	$680,123	—
Total Active Listings	212	—	—
Newest Contracts Written	45	$531,122	65
Sold (closed) Past 15 Days	25	$507,515	71

* 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 in Leawood Kansas were on the market an average of 71 days, while the most recent 45 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, 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

Checking The Pulse Of The Kansas City Real Estate Market

The February housing market stats for Kansas have been posted by the state association of Realtors and they show a continuation of the improvement we saw when the January stats were released last month. State-wide, home sales rose an astounding 18.6% compared with January of 2011. Nationally, home sales increased an average of a 8.8% increase and this shows just how solid the Kansas real estate market is proving to be as our local markets stabilize.

Average sales prices were mostly flat with the average sales price this February falling 0.2% compared to last February. While the higher sales pace and stabilizing of home sales prices is impressive, a high sales rate will need to continue because there has been a large an influx of new listings hitting the market the past couple of months. Using February’s sales rate compared to the volume of homes on the market, there was 8.9 months of real estate inventory at the end February. This amount of inventory represents a clear buyer’s market.

Locally in Johnson County Kansas, the February stats were solid. There were 463 homes sold during the month and comparing that to the 3,095 homes for sale in Johnson County Kansas, that calculates to about 6.7 months of inventory on the market. This indicates a slight buyer’s market in Johnson County Kansas. My real estate group has seen home buyer inquiries really pick up since early February and we’re expecting a solid spring real estate market in Johnson County Kansas, Overland Park and many of the surrounding Kansas City metro ares that we serve.

Posted by Jason Brown