Leawood Kansas Real Estate Market Stats – August 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 6.4 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Leawood. The homes that sold in Leawood the past 15 days were on the market an average of 102 days.

Type # Average $ Avg DOM
Listings Past 15 Days 21 $446,945
Total Active Listings 268
Newest Contracts Written 16 $432,681 99
Sold (closed) Past 15 Days 21 $329,649 102

* 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 in Leawood Kansas was nearly $330,000, while the average new listing came on the market at nearly $447,000. If you’re starting the process of buying or selling a home in the Leawood Kansas area, my real estate group can guide you through the real estate process. Learn more about our services and how we can assist you with selling a Leawood Kansas home or with buying a Leawood Kansas home. If you have questions, please contact us for assistance.

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Posted by Jason Brown

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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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Leawood Kansas Real Estate Market Update – December 2011

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 12.4 months of inventory currently on the market. This amount of inventory is considered a buyer’s market, though the slower sales rate we’ve seen is typical for the weeks leading up to the holiday season. The average sales price the past 15 days was $342,405 while the average new listing came on the market at $318,108.

Type # Average $ Avg DOM
Listings Past 15 Days 12 $318,108
Total Active Listings 272
Newest Contracts Written 14 $374,400 132
Newest Sold (Closed) 11 $342,405 172

* 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 homes that sold in Leawood Kansas the past 15 days took an average of 172 days to do so. If you are making plans to buy or sell a home in Leawood Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Leawood Kansas home or with buying a Leawood Kansas home. Please contact us with any questions you may have and we look forward to assisting you.

Leawood Kansas Relocation Information

Search Leawood Kansas Homes For Sale

View Additional Real Estate Stats On Leawood Kansas

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Posted by Jason Brown

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Leawood Kansas Real Estate Update – February 2011

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Leawood Kansas
Recent
15 Days of Leawood KS Market Activity

After calculating the absorption rate during the past 15 days in Leawood Kansas, I find there’s currently 15.8 months of real estate inventory on the market. This is very high, as you’d expect with only 9 total homes Sold (closed) in the past 15 days in the city of Leawood. The number of homes that went under contract over the same period was just slightly better. The homes that sold took more than 7 months to do so.

Type

#

Average $

Avg DOM

Listings Past 15 Days

28 $515,579

Total Active Listings

285

Newest Contracts Written

11 $416,555 169

Newest Sold (Closed)

9 $400,050 215

* 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.

It’s noteworthy that the 28 homes that came on the market the past 15 days were listed more than $100,000 higher on average than the 9 homes that sold over the same period. Analyzing absorption rates, months of inventory and sales prices helps our clients better understand the prevalent market conditions. If your real estate objectives involve buying or selling a home in Leawood or the surrounding area, please contact me to discuss your buying or selling situation.

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Town Center Plaza In Leawood Kansas
Posted by Jason A. Brown

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