Seller’s Real Estate Market Remains Strong In Kansas With A 17.8% Jump In Home Sales

Checking The Pulse Of The Kansas City Real Estate Market


The most recent real estate market stats released by the Kansas Association of Realtors (covering the month of July) show a continued strengthening of the Kansas housing market. Home sales volume increased in July, while home sale prices continued to rise. Home sales were up an astounding 17.8% compared to the prior July and this follows up on last month’s 5.5% jump.

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The stats released the prior month showed Kansas was already in a seller’s market (at 4.3 months of inventory) and this month’s stats show 4.1 months of inventory on the market state-wide. The average home sales price rose 9.3% compared to July of last year and this follows up a 4.9% increase at last month’s check.

In Johnson County Kansas, a seller’s real estate market remains continues with 747 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.2 months of inventory on the market, which indicates a strong seller’s market.


Posted by Jason Brown

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Shawnee Kansas Real Estate Market Update – April 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

Looking at the past 15 days of real estate sales activity in the city of Shawnee Kansas and comparing it to the volume of homes for sale in the city, there’s 3.9 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 $246,000, while the average sales price during the same period was nearly $237,000.

Type # Average $ Avg DOM
Listings Past 15 Days 85 $246,245
Total Active Listings 251
Newest Contracts Written 74 $233,559 73
Sold (closed) Past 15 Days 32 $236,509 116

* 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 32 homes sold (closed) in Shawnee Kansas were on the market an an average of 116 days. We assist home buyers and home sellers with their Shawnee real estate transactions, so please contact us for assistance. If you’re in the preliminary stages, you can find detailed real estate information on our website regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Posted by Jason Brown

 

Shawnee Kansas Real Estate Market Update – March 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

Looking at the past 15 days of real estate sales activity in the city of Shawnee Kansas and comparing it to the current volume of homes for sale, we find there’s 3.1 months of inventory in the city. This amount of inventory indicates a seller’s real estate market and it’s the lowest volume of inventory I’ve seen in Shawnee Kansas since in more than five years. The average new listing the past 15 days came on the market around $243,000 and the average sales price during the same time period was nearly $216,000.

Type # Average $ Avg DOM
Listings Past 15 Days 54 $242,585
Total Active Listings 225
Newest Contracts Written 52 $246,595 91
Sold (closed) Past 15 Days 36 $215,662 159

* 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 that sold (closed) in Shawnee Kansas were on the market an average of 159 days. But that time is improving greatly as the last 52 homes that went under contract were on the market just 91 days on average. Whether you’re looking to buy or sell a home in Shawnee Kansas, my real estate group can assist you through the process. Please contact us with any real estate questions you may have and you will find more details here regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Posted by Jason Brown

 

Shawnee Kansas Real Estate Market Update – February 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

Looking at the past 15 days of real estate sales activity in the city of Shawnee Kansas and comparing it to the current volume of homes for sale in Shawnee, we find there’s 4.8 months of inventory in the city. This amount of inventory indicates a slight seller’s real estate market in the city of Shawnee and the average new listing the past 15 days came on the market around $235,000.

Type # Average $ Avg DOM
Listings Past 15 Days 55 $235,472
Total Active Listings 223
Newest Contracts Written 43 $244,478 135
Sold (closed) Past 15 Days 23 $213,316 88

* 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 in Shawnee was on the market 88 days and had a sales price around $213,000. Please let us know what information we can provide to you assist you with buying or selling a home in Shawnee. Please contact us with any real estate questions and you can find more details here regarding selling a Shawnee Kansas home and with 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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More Of The Same For Kansas City Home Sellers As We Head Into Winter

Checking The Pulse Of The Kansas City Real Estate Market

The most recent stats as reported by the Kansas Association of Realtors (KAR) covers October’s real estate market across the state of Kansas.  And it was more of the same as home sales fell more than 35% in October 2010 when compared to October 2009. The actual numbers were a gross drop from 2,949 sales October last year to 1,896 sales this October. In a rare occurence, the Kansas real estate market fared worse than the national real estate market, which saw about a 26% decrease.

The months of inventory on the market has crept up to 11.2 months of inventory. Months of inventory in this case is calculated using the number of October home sales and dividing that into the 21,199 homes that were on the market at the time this report was produced. Average sales prices in October dropped 2.4% in Kansas.

Looking at our local Johnson County Kansas real estate market, we had 421 homes sold in October. This was down significantly from the 829 homes sold in October 2009. Using this October’s sale’s rate and comparing it to the 3,725 homes for sale in Johnson County, there’s 8.9 months of inventory on the market. This clearly indicates a continuation of the buyer’s market in Johnson County Kansas and surrounding areas.


Posted by Jason A. Brown

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