Tag Archives: Leawood Kansas

Leawood Kansas Real Estate Market Update – October 2013 Update

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Checking The Pulse Of The Kansas City Real Estate Market

Leawood Kansas Real Estate Update
Recent Real Estate Market Activity In Leawood KS

Using the 15 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 5.9 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $513,000, while the average sales price during the same time period was around $473,000.

Type # Average $ Avg DOM
Listings Past 15 Days 31 $512,825 —
Total Active Listings 177 — —
Newest Contracts Written 36 $504,651 111
Sold (closed) Past 15 Days 15 $473,034 62

* 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 15 homes sold (closed) Leawood KS were on the market an average of 62 days and the last 36 homes to go under contract were on the market an average of 111 days. We can help you asses your Leawood Kansas home buying or home selling situation and please contact us with any questions you have about real estate in the Leawood area. You can also find detailed real estate information on our site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

Search All Leawood Kansas MLS Listing

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Listing Agents In Leawood Kansas

Buyer’s Agents In Leawood Kansas

Posted by Jason Brown

Leawood Kansas Real Estate Market Update – February 2013 Update

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Checking The Pulse Of The Kansas City Real Estate Market

Leawood Kansas Real Estate Update
Recent Real Estate Market Activity In Leawood KS

Looking at the past 15 days of real estate sales activity in the city of Leawood Kansas and comparing it to the current volume of homes for sale in Leawood, we find there’s 5.9 months of inventory in the city. This amount of inventory indicates a balanced real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $496,000, while the average sales price over the same period was nearly $630,000.

Type # Average $ Avg DOM
Listings Past 15 Days 40 $495,643 —
Total Active Listings 177 — —
Newest Contracts Written 35 $459,024 139
Sold (closed) Past 15 Days 15 $629,725 93

* 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 home that sold during the past 15 days was on the market 93 days. Whether you are considering buying or selling a home in Leawood, we can get you market stats localized to your area. We look forward to assisting you and please contact us with any real estate questions you may have. You can find more details here regarding selling a Leawood Kansas home and with buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

Search All Leawood Kansas MLS Listing

View More Local Market Stats

Listing Agents In Leawood Kansas

Buyer’s Agents In Leawood Kansas

Posted by Jason Brown

 

Leawood Kansas Real Estate Update – July 2009

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Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market


City of Leawood Real Estate Update
Past 15 Days of Leawood KS Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
 32 $569,124
–
Total Active Listings
 404
–
–
Newest Contracts Written
 30 $460,963 124
Newest Sold (Closed)
 28 $407,552 133

* 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.

Leawood Kansas Real Estate

Leawood Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Leawood Kansas, there’s currently 6.3 months of inventory on the market.  There are still too many homes on the market for the number of sales we’re seeing in Leawood. However, for the first time in over a year we almost saw more homes sell (28) than homes come on the market (32). This is promising because the more inventory that’s on the market (supply) the lower housing prices will go.

A close look should be given to the average price of the Active, Under Contract and Sold homes. You can see the 32 new Leawood listings believed their homes were worth an average of $569,000. But the homes that contracts written had an average list price of $461,000 when they went under contract. The 28 homes that sold, did so at an average sales price of $408,000, which puts the average current list price at $188,000 greater than the average sales price over the past 15 days. It’s certainly a buyer’s market in Leawood Kansas.

Do keep in mind that looking at just 15 days of market stats is a small snap shot of Leawood KS activity. Market conditions also vary greatly from one subdivision to another and one home community can be doing well and the one next to it may be struggling. So don’t take just a macro look at market activity and feel free to contact me to discuss your specific home buying or selling situation.

View Past Leawood Kansas Real Estate Stats

Leawood Kansas Buyer’s Agents

Leawood Kansas Listing Agents

View All Leawood Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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