Shawnee KS real estate update for May 2016… Get details on the strong Seller’s market & search Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 41 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 162 homes for sale in Shawnee, the city has 2.0 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $311,000 list price, while the average sales price during the same time frame was around $263,000.

Type # Average $ Avg DOM
Listings Past 15 Days 77 $311,016
Total Active Listings 162
Newest Contracts Written 69 $251,267 72
Sold (closed) Past 15 Days 41 $263,288 70

* 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 41 homes sold in Shawnee Kansas were on the market an average of 70 days, while the last 69 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 gives Shawnee home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee Kansas Real Estate Market – May 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 46 homes sold in Shawnee Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.6 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $279,000, while the average sales price during the same time period was around $238,000.

Type # Average $ Avg DOM
Listings Past 15 Days 74 $279,218
Total Active Listings 243
Newest Contracts Written 60 $245,139 65
Sold (closed) Past 15 Days 46 $238,009 69

* 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 46 homes sold in Shawnee Kansas were on the market an average of 69 days, while the 60 homes to go under contract during the same time period did so in 65 days on average. We can assist you with buying or selling a home in Shawnee Kansas, so please contact The Jason Brown Group with all of your Shawnee Kansas real estate needs. You can also start the process by finding detailed real estate information on our site regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Shawnee Kansas Real Estate Market Update – January 2014 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the 20 homes sold in Shawnee Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.9 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $250,000, while the average sales price during the same time period was around $217,000.

Type # Average $ Avg DOM
Listings Past 15 Days 42 $250,005
Total Active Listings 195
Newest Contracts Written 45 $234,832 93
Sold (closed) Past 15 Days 20 $216,938 114

* 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 20 homes sold in Shawnee Kansas were on the market an average of 114 days, while the last 45 homes to go under contract did so in an average of 93 days. We can help you with the purchase or sale of a home in the city of Shawnee or the surrounding area, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling a Shawnee Kansas home and with buying a Shawnee Kansas home.

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Shawnee Kansas Real Estate Market Update – September 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the 26 homes sold in Shawnee Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.8 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $222,000, while the average sales price during the same time period was around $219,000.

Type # Average $ Avg DOM
Listings Past 15 Days 37 $222,253
Total Active Listings 248
Newest Contracts Written 34 $242,384 103
Sold (closed) Past 15 Days 26 $218,879 75

* 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 Shawnee Kansas were on the market an average of 75 days. We can assist you with buying or selling a home in Shawnee, so contact us to discuss how we can help you achieve your real estate goals. You can also start the process by finding detailed real estate info on our website regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

Shawnee Kansas Real Estate Information

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Posted by Jason Brown

 

Shawnee Kansas Real Estate Market Update – November 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 5.4 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Shawnee. A solid number of new homes went under contract the past 15 days, so the market is remaining stable.

Type # Average $ Avg DOM
Listings Past 15 Days 40 $227,238
Total Active Listings 278
Newest Contracts Written 41 $223,009 93
Sold (closed) Past 15 Days 26 $215,504 85

* 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 Shawnee had an average sales price of more than $215,000, while the average new listing came on the market around $227,000. We can help you with selling or purchasing a home in Shawnee Kansas and if either is in your future, we’d look forward to assisting you. If you’re in the early stages of the process, you can find more details on our website regarding selling a Shawnee Kansas home and with buying a Shawnee Kansas home. Please contact us with any questions.

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Posted by Jason Brown

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Shawnee Kansas Real Estate Market Stats – August 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 3.7 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Shawnee. This is a continuation of the much improved real estate market we’ve seen this year in Shawnee. The average sales price the past 15 days was nearly $230,000, while the average new listing came on the market at just over $244,000.

Type # Average $ Avg DOM
Listings Past 15 Days 54 $244,059
Total Active Listings 323
Newest Contracts Written 52 $222,956 84
Sold (closed) Past 15 Days 44 $229,921 104

* 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 last 44 homes sold in Shawnee Kansas were on the market an average of 104 days. We provide expert listing services and have buyer’s agents to assist you with achieving your real estate goals. Get more details here regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home. If you have any real estate questions, please contact us for assistance.

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Posted by Jason Brown

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Shawnee Kansas Real Estate Market Update – March 2012

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 6.4 months of inventory currently on the market. This amount of inventory is considered a buyer’s market but the city is getting closer to a balanced amount of inventory. During the past 15 days, 67 homes went under contract and that figure was nearly triple the volume of homes sold (closed). If we instead used the homes that went under contract to calculate the absorption rate in Shawnee Kansas, there’s just 2.3 months of inventory on the market.

Type # Average $ Avg DOM
Listings Past 15 Days 97 $231,487
Total Active Listings 309
Newest Contracts Written 67 $230,143 121
Newest Sold (Closed) 24 $195,791 170

* 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 amount of inventory across the city is much lower than it has been in recent years and less supply means higher home sale prices. If you’re making plans to buy or sell a home in Shawnee Kansas, my real estate group provides expert representation to area home buyers and home sellers. We can guide you through process and here’s info on how we assist Shawnee Kansas home sellers and Shawnee Kansas home buyers. Please contact us with any questions you may have.

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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 – November 2010

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

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 9.0 months of inventory on the market. This is high but a marked improvement on the more than 11 months of inventory in our previous Shawnee Kansas real estate update. It’s still clearly a buyer’s market in Shawnee Kansas and the average sales price of the new listings on the market the past 15 days was significantly higher ($284,462) than the average sale price over the same period ($227,197).

Type

#

Average $

Avg DOM

Listings Past 15 Days

45 $284,462

Total Active Listings

415

Newest Contracts Written

29 $219,843 115

Newest Sold (Closed)

23 $227,197 137

* 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.

Whether your real estate goals involve buying or selling a home in Shawnee Kansas or in the surrounding Johnson County KS or Kansas City area, I’d look forward to assisting you. Please contact me to let me know the basics about your real estate goals and we’ll start going over the market stats and how we can help you get the best possible deal when buying or selling a Shawnee Kansas home.

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Posted by Jason A. Brown

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Most Kansas City “Buyers” Who Request Showings Aren’t Really Home Buyers At All

Checking The Pulse Of The Kansas City Real Estate Market

The majority of Kansas City home “buyers” who contact me requesting to see a home actually are unable to buy the home. They either can’t qualify for the price of the home, they have a home they must sell first before buying, they’re in a rental agreement that keeps them from closing within a time-frame acceptable to most sellers or they’re simply out looking with no intentions of buying — if the latter is the case, they’re simply tire kickers willing to waste the seller’s and agent’s time.


Maybe we should call them foundation kickers. It really is amazing that only a fourth or so of requested showings get past the most basic of qualifying questions. Preparing their home for a showing can be a daunting task and it’s not too much for a seller to ask that agents – listing agents and buyer’s agents – work to qualify buyers before they are shown the home.
The real estate agents time is also valuable and there’s only so many hours in the day to show qualified buyers homes.  It’s a minimum two-hour commitment as it takes that much time to schedule the showing, prepare for the showing, drive to the home, show the home, get back to the office, provide showing feedback to the listing agent and follow-up with the buyer to verify any further interest.

When a call comes in, the first question I always ask is, “if this ends up being the right home for you, are you capable of closing on the home within 60 days?” If the answer is no, then there’s going to be plenty of follow-up questions as I work to gain an understanding of the “buyers” motivation to see the home. If they ARE within 60 days of an ideal time frame for purchasing a home, then we move on to the  following…

The next question is, “do you have a home that you must sell first, before another home?” If the answer is yes (and more often than not it is), I inform the “buyer” that the majority of Kansas City home sellers won’t accept a purchase that’s contingent upon the sale of the buyer’s current home. Of the sellers who would consider a contingency, the vast majority will expect the buyers current home to already be under contract – and possibly already past the inspection and appraisal processes. If they say they don’t have a home they must sell first, I verify they’re not in a lease that would keep them from closing on a home with 60 days.

The follow-up question is, “have you gotten Pre-Approved for a home loan with a local mortgage lender?”  If the answer is no, I tell them I’ll show one home as a courtesy but we must have a Pre-Approval Letter on file prior to a second meeting/showing. Online lenders are usually out-of-state and the experience I’ve had with them has been a nightmare. So it’s important buyers are Pre-Approved with a local lender. If they need assistance, I have several lenders who can usually Pre-Approve a buyer the same day. So there’s really no excuse for not doing so – unless you’re a foundation kicker. A buyer is going to have to have that letter to submit with any offer to purchase a home anyhow.

The answers I sometimes get to the next question can be amazing… The question is, “if this is the right home for you, will I be writing up the offer to purchase the home?” I can’t count the number of times a buyer has said, “we have a buyer’s agent, he was just too busy to show us the home” or  “my sister is an agent and will be representing us once we find the right home”.  It’s unbelievable really. If it’s not my listing, I’d make nothing if they already have an agent assisting them. Even if it is my listing, if they already have an agent to assist them, that agent is responsible for showing them the home — that’s what buyer’s agent do.

If the buyer plans to go through the buying process without representation, then a listing agent is happy to show the buyer the home… Or if a buyer wants representation and doesn’t already have someone to assist them, any listing agent I know would be happy to refer them to an agent who could assist them. Once we’ve eliminated the foundation kickers out of the equation, we can quickly move on to showing the home to potential buyers who are ready, willing and able to purchase a home.


Posted by Jason A. Brown