Tag Archives: Leawood Kansas Realtors

25th Straight Month of Rising Home Sales Volume In Kansas

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Checking The Pulse Of The Kansas City Real Estate Market


The recently released Kansas Association of Realtor real estate market stats (covering August home sales activity) show a continued strengthening of the housing market in Kansas. Compared to last August, home sales volume increased 7.2%. This increase follows an even larger 17.8% increase at last month’s real estate check.

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The state of Kansas has been in a seller’s market for several months and there’s 4.5 months of inventory on the market at this check. This is up from the 4.1 months of inventory at last month’s check yet remains a seller’s market. Average home sales prices rose 7.6% compared to August of last year and this follows up an 9.3% increase at our check last month. Kansas has now had 25 straight months of year over year increases in home sales volume.  

In Johnson County Kansas, a seller’s real estate market also continues with 702 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.4 months of inventory on the market for home buyers to consider. This amount of inventory indicates the presence of a strong seller’s market as we head into the winter months.


Posted by Jason Brown

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Kansas City Real Estate Trends And Lifestyles… July 2013

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Checking The Pulse Of The Kansas City Real Estate Market

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Leawood Kansas Real Estate Market Update – June 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, there’s 3.6 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $588,000, while the average sales price during the same period was nearly $408,000.

Type # Average $ Avg DOM
Listings Past 15 Days 33 $588,226 —
Total Active Listings 182 — —
Newest Contracts Written 25 $457,744 120
Sold (closed) Past 15 Days 25 $407,760 73

* 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 25 homes sold (closed) in the city of Leawood were on the market an average of 73 days. If you’re considering a move, please contact us regarding your Leawood home buying or home selling situation. You can contact us with any real estate questions you may have and we offer in-depth online real estate regarding selling a Leawood Kansas home and with buying a Leawood Kansas home.

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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.

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10 Straight Months Of A Balanced Real Estate Market In Kansas And Inching Towards A Seller’s Market

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Checking The Pulse Of The Kansas City Real Estate Market


The most recently released state-wide real estate housing stats (December’s stats) show the state of Kansas had continued improvements in both average sales prices and volume of homes sold (closed). Home sales increased 15.9% in December compared to December 2011. This is another huge jump in sales and follows up last month’s 23.2% increase.

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Average home sale price rose 6.5% compared to December of last year. This jump in homes sold follows up last month’s 5.0% increase. December’s sales rate compared to the volume of homes for sale calculates to 5.3 months of inventory on the market. This is a slight improvement on last month’s 5.4 months of inventory. Both calculations represent a balanced real estate market and show a further trend towards a seller’s market. This is the tenth straight month that Kansas has been in a balanced real estate market.

Locally here in Johnson County Kansas, the real estate market remains solid and in the past 30 days there were 408 homes were sold. Comparing this sales rate against the current volume of homes for sale, there’s 5.0 months of inventory on the market. This is higher than last months 3.7 months of inventory yet not surprising given the homes sale stats include the holiday season. The current amount of inventory in Johnson County represents a balanced market and very nearly a seller’s market. 


Posted by Jason Brown

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Leawood Kansas Real Estate Market Update – January 2013 Update

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Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 3.9 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Leawood. The last 22 homes sold (closed) in Leawood Kansas were on the market an average of 88 days and had an average sales price of more than $411,000.

Type # Average $ Avg DOM
Listings Past 15 Days 15 $467,458 —
Total Active Listings 172 — —
Newest Contracts Written 21 $550,538 151
Sold (closed) Past 15 Days 22 $411,116 88

* 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 priced new listing the past 15 days in Leawood came on the market at more than $467,000. The homes that went under contract during the same time period had an average list price of more than $550,000, indicating average sales prices when we check next month could be much higher.

If you’re considering buying or selling a home in Leawood Kansas, we can help you through the process. You can find more details here regarding selling a Leawood Kansas home or here regarding buying a Leawood Kansas home. If you have specific questions, please contact us for assistance.

 

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Posted by Jason Brown

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Statewide Real Estate Market Is Stable, While Johnson County’s Seller Market Strengthens

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Checking The Pulse Of The Kansas City Real Estate Market


The Kansas Association of Realtors has released the state’s August real estate market stats and they show continued improvements for housing in both average home sales prices and volume of home sales. Across Kansas, home sales rose 12.3% compared with August 2011. This is another impressive jump that follows up on last month’s 14.1% improvement in numbers of homes sold.

Average sales prices rose 3.8%, following up on last months 3.5% jump. Using the August sales rate compared against the volume of homes for sale at the time the stats were pulled, there’s 5.2 months of inventory on the market. The stats a month ago showed Kansas with 5.3 months of real estate inventory. Kansas has remained firmly in a balanced real estate market the past six months.

The local real estate market here in Johnson County KS is exceptionally strong as home sales have remained firm and there’s been no glut of listings hitting the market in recent months. In August there were 922 homes sold and using that sales rate (compared to the current volume of homes for sale in Johnson County Kansas), there’s 3.0 months of inventory on the market. When we checked last month there was 3.1 months of inventory on the market in Johnson County, both stats indicating a solid home seller’s market in the area.


Posted by Jason Brown

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Newly Released Kansas Real Estate Stats Show Continued Improvement In Sales Prices And Sales Volume

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Checking The Pulse Of The Kansas City Real Estate Market


The July real estate market stats for Kansas have been posted by the local association of Realtors and show continued improvements for housing in both volume of home sales and in average sales prices. Across Kansas, home sales rose 14.1% compared with July 2011. This impressive jump follows up on last month’s 8.7% improvement in volume of home sales.

Average sales prices rose 3.5%, following up on last months 6.0% jump. Using July’s sales rate compared against the volume of homes for sale at the time the stats were pulled, there’s 5.3 months of inventory on the market. The stats a month ago showed Kansas with 5.1 months of real estate inventory, both of which represent firmly balanced real estate markets. This makes four months in a row that Kansas has been in a balanced real estate market with stabilized property values.

The local Johnson County Kansas real estate market has remained exceptionally strong. In July there were 939 homes sold. Comparing that sales rate to the current volume of homes for sale in Johnson County Kansas, there’s 3.1 months of inventory on the market.  This is virtually the same as when we checked last month as Johnson County Kansas continues to remain in a seller’s real estate market.  


Posted by Jason Brown

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Leawood Kansas Real Estate Market Stats – July 2012 Update

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

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 6.3 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Leawood. The last 22 homes sold in Leawood averaged 95 days on the market and a sales price of nearly $432,000.

Type # Average $ Avg DOM
Listings Past 15 Days 45 $507,760 —
Total Active Listings 279 — —
Newest Contracts Written 30 $377,150 74
Sold (closed) Past 15 Days 22 $431,825 95

* 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 45 most recent homes to hit the market in Leawood had an average list price of nearly $508,000. If you’re considering buying or selling a home the Leawood Kansas area, my real estate group looks forward to assisting you with your home purchase or sale. Get more details here regarding selling a Leawood Kansas home and with buying a Leawood Kansas home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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Leawood Kansas Real Estate Market Stats – June 2012 Update

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Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 4.2 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Leawood. This is the first time we’ve seen a seller’s market in the city of Leawood in several years. The last 33 homes to sell in Leawood were on the market an average of 84 days.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $479,982 —
Total Active Listings 276 — —
Newest Contracts Written 31 $454,031 86
Sold (closed) Past 15 Days 33 $393,819 84

* 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 was nearly $394,000, while the average new listing came on the market around $454,000. We help Leawood Kansas home buyers and home sellers every day and if you’re considering purchasing or selling a home the Leawood area, my real estate group is ready to assist you. Get more details here regarding selling a Leawood home and buying a Leawood home. If you need help today, please fill out this form to request assistance.

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Posted by Jason Brown

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