Shawnee Kansas Real Estate Market Stats – July 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 3.8 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Shawnee.  Like virtually every city in Johnson County Kansas, Shawnee Kansas is experiencing an excellent sales rate without an over abundance of inventory hitting the market.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $220,694
Total Active Listings 333
Newest Contracts Written 51 $193,449 89
Sold (closed) Past 15 Days 44 $206,607 82

* 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 home sold the past 15 days was on the market 89 days. Over the same period, the average new listing came on the market at just over $220,000, while the average sales price was nearly $207,000. We assist Shawnee Kansas home buyers and home sellers so if you’re considering the purchase or sale of a home in Shawnee Kansas, we’d look forward to assisting you.  You can find more details here regarding selling a Shawnee Kansas home or buying a Shawnee Kansas home. Please contact us with any questions.

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Posted by Jason Brown

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