Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market
City of Shawnee Kansas Real Estate Update
Past 15 Days of Shawnee KS Real Estate Stats
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
70 | $266,342 |
– |
Total Active Listings |
365 |
– |
– |
Newest Contracts Written |
43 | $210,963 | 77 |
Newest Sold (Closed) |
28 | $213,966 | 155 |
* 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.
Using these past 15 days of Shawnee Kansas market stats to figure the absorption rate in Shawnee, there’s currently 6.5 months of inventory on the market. That’s quite a bit of inventory in Shawnee Kansas and gives buyers plenty of homes from which to choose. As has been the trend for some time in Shawnee Kansas, we continue to see more homes coming on the market (70) than closing (28) over the 15-day period. There were 43 homes that went under contract (including contingent offers) so that’s a promising number. If we used the 43 figure (assuming all those homes were to make it closing), the months of inventory calculation would drop to 4.2.
Looking at 15 days of Shawnee Kansas market stats is a small snap shot of local activity and market conditions can and do vary greatly from one subdivision to another in Shawnee Kansas. Always take any market stats you see with a grain of salt. If you need market stats on your specific area – and you’ll want those if you’re considering a move to or from Shawnee – then please comment on this blog post or email me directly!
View Past Shawnee Kansas Real Estate Stats
View All Shawnee KS Homes For Sale On Kansas City MLS
Posted by Jason A. Brown
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