Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Shawnee Kansas
Recent 15 Days of Shawnee KS Market Activity
Using the past 15 days of market stats in the chart below to figure the absorption rate in Shawnee KS, we can determine there’s 8.7 months of inventory currently on the market in the city. This is high and it’s clearly still a buyer’s real estate market in Shawnee. At a pace of 48 sales per month, it’s going to take some time to sell of the 400+ Active areas listings. The sales prices of both the homes that have Sold (closed) and the homes that have gone under contract in the past 15 days have been very consistent, all being in the $230’s average price range.
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
88 | $235,515 |
– |
Total Active Listings |
415 |
– |
– |
Newest Contracts Written |
70 | $230,915 | 105 |
Newest Sold (Closed) |
24 | $239,340 | 75 |
* 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.
If you’re considering selling or buying a home in Shawnee Kansas, you’ll need more than just 15 days of market stats. You’ll want to the an expanded history of Shawnee Kansas stats as well as the market information particular to the subdivision where you’re considering buying or selling a home. Please let us know how we can assist you.
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Posted by Jason A. Brown