Gardner Kansas Real Estate Update – August 2009

Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market


City of Gardner Kansas Real Estate Update
Past 15 Days of Gardner KS Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
17 $160,785
Total Active Listings
175
Newest Contracts Written
22 $155,230 71
Newest Sold (Closed)
13 $172,569 139

* 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.

Gardner Kansas Real Estate

Gardner Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Gardner Kansas, there’s currently 6.7 months of inventory on the market.  This is a lot of inventory on the market but the stats have been stable over the past couple of weeks. Although there were fewer homes sold (13) than listings hitting the market (17), 22 homes that went under contract and that’s a good sign. It’s been a while since I’ve seen the average list price be lower than the average sales price over a 15-day period and that could promising for improving the sales rate in Gardner.

The 13 homes that sold took an average of 139 days to sell, so sellers will need to be patient when selling their homes.. Be aware that 15 days of market stats is just a recent snap shot of Gardner Kansas real estate activity. Market conditions also vary greatly from one subdivision to another, so if you need more detailed information please let me know. You can email me directly or post a comment.

View Past Gardner Kansas Real Estate Stats

Gardner Kansas Buyer’s Agents

Gardner Kansas Listing Agents

View All Gardner Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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