Leawood Kansas Real Estate Market Update – February 2012

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Leawood Kansas
15 Day Glance At The Leawood KS Real Estate Market

After calculating the absorption rate over the past 15 days in Leawood Kansas, we find the city has 14.8 months of inventory currently on the market. That’s a very high amount of inventory and a clear buyer’s market in Leawood Kansas. But 27 homes went under contract during the same 15 day period and that figure is much more impressive than the 8 homes that sold (closed) in Leawood Kansas the past 15 days. If we instead used the homes that went under contract to calculate the absorption rate in Leawood (and assumed all of them make it to closing), there’s 4.4 months of inventory.

Type # Average $ Avg DOM
Listings Past 15 Days 34 $533,303
Total Active Listings 236
Newest Contracts Written 27 $435,697 105
Newest Sold (Closed) 8 $415,563 157

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

If you are making plans to buy or sell a home in Leawood Kansas, my group looks forward to guiding you through the real estate process. Here’s information on how we can assist you with selling your Leawood home or with buying a Leawood home. Please contact us with any questions you may have about the buying or selling process.

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Posted by Jason Brown

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