Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Info for The City of Leawood Kansas
Recent 15 Days of Leawood KS Market Activity

* 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.

Leawood Kansas

Using the past 15 days of market stats above to figure the absorption rate in Leawood Kansas, there’s 9.3 months of inventory on the market. Absorption rates assume a similar sales rate continuing and a similar amount of listing inventory continuing as well. There is clearly a lot more supply than demand in Leawood as during the past 15 days we saw barely more than 1 sale per day in the entire city. At that rate, it’s going to take a while to eat up the 334 current listings. The days on market of both the Sold homes and the 12 homes that went under contract during the past 15 days is not bad. But right now there’s simply not enough home sales to work off the standing inventory.

If you’re considering selling or buying a Leawood Kansas home, you’ll need more than just 15 days of market stats. You’ll want to see more history and you’ll also want to see stats specific to the area that interests you most. It’s clearly a buyer’s market in Leawood Kansas and it’s important you work with an aggressive Realtor who will put you in the best possible position in your real estate transaction. Please let me know how I can assist you with buying or selling any Leawood property.

View Past Real Estate Stats On Leawood KS

Buyer’s Agents In Leawood KS

Seller’s Agents In Leawood KS

View All Listed Leawood KS Homes

Leawood Kansas fact…
For many years Leawood banned new gas stations and fast food restaurants.

Posted by Jason A. Brown