Checking The Pulse Of The Kansas City Real Estate Market
Shawnee Kansas Real Estate Update
Recent Real Estate Activity In Shawnee KS
Using the past 15 days of real estate sales activity in Shawnee Kansas to calculate the city’s absorption rate, we find there’s 5.4 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Shawnee. A solid number of new homes went under contract the past 15 days, so the market is remaining stable.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 40 | $227,238 | — |
| Total Active Listings | 278 | — | — |
| Newest Contracts Written | 41 | $223,009 | 93 |
| Sold (closed) Past 15 Days | 26 | $215,504 | 85 |
* 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.
The last 26 homes sold in Shawnee had an average sales price of more than $215,000, while the average new listing came on the market around $227,000. We can help you with selling or purchasing a home in Shawnee Kansas and if either is in your future, we’d look forward to assisting you. If you’re in the early stages of the process, you can find more details on our website regarding selling a Shawnee Kansas home and with buying a Shawnee Kansas home. Please contact us with any questions.
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Posted by Jason Brown
