Shawnee Kansas Real Estate Update – January 2011

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

After calculating the absorption rate over the past 15 days in Shawnee, we find there’s 11.4 months of inventory on the market at the recent sales pace. This is high and a sales pace of 30 sales a month is only slowly eating up the available inventory. There were a decent number of homes going under contract the past 15 days and this gives Shawnee home sellers hope that things are picking up as we head into the new year.

Type

#

Average $

Avg DOM

Listings Past 15 Days

21 $219,931

Total Active Listings

343

Newest Contracts Written

23 $179,559 312

Newest Sold (Closed)

15 $210,322 154

* 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 objectives involve buying or selling a home in Shawnee Kansas or in a neighboring city, please contact me to discuss your situation. I provide clients expert guidance when buying a selling their homes and I look forward to learning more about your situation and helping you achieve your real estate goals.

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Featured Shawnee Kansas Link…
Shawnee KS Economic Development Council
Posted by Jason A. Brown

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