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
Using the sales rate over the past 15 days to figure the absorption rate in Shawnee Kansas, there’s currently 7.9 months of inventory on the market. This is high and there’s still too many homes (429) on the market in Shawnee when compared to a sales rate of 54 homes a month (over the past 15 days). To reduce the months of inventory on the market in Shawnee, the sales rate will need to pick up drastically — or the volume of homes coming on the market will need to slow.
|
Type |
# |
Average $ |
Avg DOM |
|
Listings Past 15 Days |
54 | $223,892 |
– |
|
Total Active Listings |
429 |
– |
– |
|
Newest Contracts Written |
23 | $262,488 | 161 |
|
Newest Sold (Closed) |
27 | $215,146 | 120 |
* 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 your real estate goals involve buying or selling a home in Shawnee Kansas, be sure you choose an Shawnee Realtor who is on top of their market place. Please let me know how I can assist with your Shawnee Kansas real estate needs.
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Posted by Jason A. Brown