Checking The Pulse Of The Kansas City Real Estate Market

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

Using the recent 15 days of market activity to figure the absorption rate in Leawood Kansas, there’s 14.1 months of inventory on the market in the city. This is very high and makes a very challenging market even more difficult for Leawood KS home sellers. The recent stats show four times as many homes coming on the market as going under contract during the same 15-day period. If almost all of the 26 homes that went under contract make it to closing, that sales pace would certainly be an improvement. To improve the months of inventory on the market, either more homes need to sell or fewer homes need to come on the market. Until the time we’ll remain in a heavy buyer’s market.

* 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.

Also noteworthy is that the average list price the past 15 days was nearly $600,000, but the average sale price over the same period was under $400,000. If you’re considering selling or buying real estate in Leawood Kansas, please contact me for assistance. I’ll get you the market stats specific to the area of Leawood that applies to your situation. This will help you make an informed real estate decision and put you at an advantage when buying or selling a home in Leawood Kansas.

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Aerial View Of Leawood Kansas

Posted by Jason A. Brown