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 4.5 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in the city of Shawnee. After many years of a buyer’s market, the Shawnee Kansas real estate market has done more than achieve a balanced real estate market, it’s actually tilted into a slight seller’s market. The last 35 homes sold (closed) in Shawnee were on the market an average of 104 days.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 49 | $216,845 | — |
| Total Active Listings | 313 | — | — |
| Newest Contracts Written | 44 | $198,588 | 111 |
| Sold (closed) Past 15 Days | 35 | $209,880 | 104 |
* 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 average sales price the past 15 days was nearly $210,000 and the average priced new listing came on the market at nearly $217,000. If you are considering purchasing or selling a home the Shawnee Kansas area, my real estate group can guide you through the real estate process. We’d look forward to assisting you and you can find details here about selling a Shawnee Kansas home and buying a Shawnee Kansas home. Please contact us with questions.
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Posted by Jason Brown
