Shawnee Kansas real estate market update ~ March 2020

The Jason Brown Group

Shawnee Kansas Real Estate Update

There were 16 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing that sales volume to the 100 homes currently for sale in Shawnee, the city has 3.1 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Shawnee as we head into spring. The average new listing the past 15 days in Shawnee Kansas came on the market in the $340’s price range, while the average sales price of homes closed during the same time period was in the $290’s.

Type # Average $ Avg DOM
Listings Past 15 Days 65 $344,838
Total Active Listings 100
Newest Contracts Written 58 $341,479 72
Sold (closed) Past 15 Days 16 $297,548 135

* 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 16 homes sold in Shawnee Kansas were on the market an average of 135 days, while the most recent 58 homes to go under contract did so in 72 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 Shawnee 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 Shawnee home or buying a Shawnee home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Shawnee Kansas Real Estate Market Stats – October 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Shawnee Kansas Real Estate Update
Recent Real Estate Activity In Shawnee KS

Using the past 15 days of real estate sales activity in Shawnee Kansas to calculate the city’s absorption rate, we find there’s 4.5 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in the city of Shawnee. After many years of a buyer’s market, the Shawnee Kansas real estate market has done more than achieve a balanced real estate market, it’s actually tilted into a slight seller’s market. The last 35 homes sold (closed) in Shawnee were on the market an average of 104 days.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $216,845
Total Active Listings 313
Newest Contracts Written 44 $198,588 111
Sold (closed) Past 15 Days 35 $209,880 104

* 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 average sales price the past 15 days was nearly $210,000 and the average priced new listing came on the market at nearly $217,000. If you are considering purchasing or selling a home the Shawnee Kansas  area, my real estate group can guide you through the real estate process. We’d look forward to assisting you and you can find details here about selling a Shawnee Kansas home and buying a Shawnee Kansas home. Please contact us with questions.

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Posted by Jason Brown

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Shawnee Kansas Real Estate Update – July 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Shawnee Kansas
15 Day Glance At The Shawnee KS Real Estate Market

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 13.6 months of inventory currently on the market. This is very high and we need more than 17 homes selling in a two-week period to eat through the 463 homes for sale in Shawnee. Almost twice as many homes went under contract as sold (closed) during the same 15-day period and that’s a good sign.

Type # Average $ Avg DOM
Listings Past 15 Days  59 $239,992
Total Active Listings 463
Newest Contracts Written 31 $198,029 106
Newest Sold (Closed) 17 $188.012 117

* 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 average sales price of the last 17 sales in Shawnee was right at $188,000, while the average price of the 59 new listings was nearly $240,000.  If you are making plans to buy or sell a home in Shawnee Kansas, we look forward to going over the market stats that specifically affect your buying or selling decisions. Here’s information on how we assist Shawnee Kansas home sellers and how we assist Shawnee Kansas home buyers. Please contact us with any questions you may have. We look forward to assisting you!

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Posted by Jason Brown

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Shawnee Kansas Real Estate Update – February 2011

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

I calculated the city of Shawnee’s real estate absorption rate using the past 15 days of market stats. I then compared that absorption rate against the current volume of homes for sale in Shawnee Kansas. What I found is a very high 19.5 months of inventory currently on the market. The sales rate we saw the past 15 days – of just 4.5 closing a week for the entire city – is very slow. The sales pace needs to pick up to eat more quickly into the 350+ homes for sale in Shawnee.

Type

#

Average $

Avg DOM

Listings Past 15 Days

35 $215,737

Total Active Listings

352

Newest Contracts Written

20 $222,676 112

Newest Sold (Closed)

9 $214,394 102

* 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 Pending sales over the same 15 day period was better, with 20 homes going under contract. But even if we assume all those homes will make it to the closing table (and used that figure to calculate the absorption rate), there’s still 8.8 months of inventory on the market in Shawnee KS. If you are planning to buy or sell a home in Shawnee, please contact me to discuss your buying or selling situation. I look forward to learning about your real estate objectives and helping you make it happen.

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Posted by Jason A. Brown

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Shawnee Kansas Real Estate Update – January 2011

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

After calculating the absorption rate over the past 15 days in Shawnee, we find there’s 11.4 months of inventory on the market at the recent sales pace. This is high and a sales pace of 30 sales a month is only slowly eating up the available inventory. There were a decent number of homes going under contract the past 15 days and this gives Shawnee home sellers hope that things are picking up as we head into the new year.

Type

#

Average $

Avg DOM

Listings Past 15 Days

21 $219,931

Total Active Listings

343

Newest Contracts Written

23 $179,559 312

Newest Sold (Closed)

15 $210,322 154

* 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.

If your real estate objectives involve buying or selling a home in Shawnee Kansas or in a neighboring city, please contact me to discuss your situation. I provide clients expert guidance when buying a selling their homes and I look forward to learning more about your situation and helping you achieve your real estate goals.

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Shawnee Kansas

Featured Shawnee Kansas Link…
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Posted by Jason A. Brown

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