Leawood Kansas Real Estate Market – October 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 19 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 6.2 months of inventory on the market. This amount of inventory indicates a buyer’s real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $563,000, while the average sales price during the same time period was around $548,000.

Type # Average $ Avg DOM
Listings Past 15 Days 41 $563,087
Total Active Listings 234
Newest Contracts Written 18 $488,294 72
Sold (closed) Past 15 Days 19 $548,416 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 19 homes sold in Leawood Kansas were on the market an average of 62 days, while the 18 homes to go under contract during the same time period did so in 62 days on average. We can assist you with buying or selling a home in Leawood, so please contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

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Posted by Jason Brown

 

Leawood Kansas Real Estate Market – August 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 30 homes sold in Leawood Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. 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 $545,000, while the average sales price during the same time period was around $571,000.

Type # Average $ Avg DOM
Listings Past 15 Days 57 $544,932
Total Active Listings 234
Newest Contracts Written 22 $485,216 48
Sold (closed) Past 15 Days 30 $571,150 110

* 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 30 homes sold in Leawood Kansas were on the market an average of 110 days, while the 22 homes to go under contract during the same time period did so in 48 days on average. We can assist you with buying or selling a home in Leawood, so please contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home and buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

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Listing Agents In Leawood Kansas

Buyer’s Agents In Leawood Kansas

Posted by Jason Brown

 

Leawood Kansas Real Estate Market – June 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 27 homes sold in Leawood the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Leawood Kansas. The average new listing the past 15 days came on the market around $541,000, while the average sales price during the same time period was around $579,000.

Type # Average $ Avg DOM
Listings Past 15 Days 48 $541,123
Total Active Listings 184
Newest Contracts Written 32 $615,779 73
Sold (closed) Past 15 Days 27 $578,601 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 last 27 homes sold in Leawood Kansas were on the market an average of 84 days, while the 32 homes to go under contract during the same time period did so in 84 days on average. We can assist you with buying or selling a home in Leawood Kansas, so contact The Jason Brown Group with all of your real estate questions. You can also start the process by finding 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 Listings

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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 – March 2014 Update

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 4.5 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Leawood. The average new listing the past 15 days came on the market around $626,000, while the average sales price during the same time period was around $711,000.

Type # Average $ Avg DOM
Listings Past 15 Days 34 $626,032
Total Active Listings 136
Newest Contracts Written 19 $647,075 98
Sold (closed) Past 15 Days 15 $710,515 166

* 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 in Leawood Kansas were on the market an average of 166 days, while the last 19 homes to go under contract did so in 98 days on average. We can assist you with buying or selling a home in Leawood Kansas, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home and with buying a Leawood Kansas home.

Leawood Kansas Real Estate Information

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Listing Agents In Leawood Kansas

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Posted by Jason Brown

 

Kansas Real Estate Market Remains Solid As We Head Into The Holiday Season

Checking The Pulse Of The Kansas City Real Estate Market


The recently released Kansas Association of Realtor real estate market stats (covering October home sales activity) show a continued strengthening of the housing market in Kansas. Compared to last October, home sales volume increased 3.5%. This follows up last month’s 15.5% increase in home sales volume.

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The state of Kansas is in a balanced real estate market for the second month in a row with 5.5 months of inventory on the market. This is up from the 5.3 months of inventory last month month. The average home sale price in Kansas rose 8.4% in comparison to October of last year and this matches last month’s 8.4% increase. Home sales volume has increased every month-over-month for more than two years. 

Locally in the Johnson County Kansas, a seller’s real estate market continues with 739 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.0 months of inventory currently for sale. This amount of inventory indicates the presence of a strong seller’s market as we head into the holiday season.

SEARCH HOMES FOR SALE IN KANSAS CITY, JOHNSON COUNTY KS AND THE SURROUNDING AREAS


Posted by Jason Brown

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Seller’s Real Estate Market Gaining Steam In Johnson County Kansas And State-Wide

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors real estate market stats (covering June) show a continued strengthening of the Kansas housing market. Both home sales volume and home sales price continued to rise in June. Home sales increased 5.5% compared during the month, which follows up a 14.2% jump in home sales the prior month.

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The stats released a month ago showed the state of Kansas had moved into a sellers market for the first time since the market downturn years ago (with 4.0 months of inventory on the market). This update shows a continued solid seller’s market in Kansas with 4.3 months of inventory currently for sale. Home sales price rose 4.9% compared to June of last year and that follows up a 9.5% increase at last month’s update.

The Johnson County Kansas seller’s real estate market also continues with 975 homes sold (closed) the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 2.4 months of inventory on the market. At last month’s check Johnson County KS had 2.6 months of inventory, thus indicating a further strengthening of the seller’s market present in Johnson County Kansas.


Posted by Jason Brown

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Home Sale Prices And Volume Of Sales In Kansas Continues To Favor Home Sellers

Checking The Pulse Of The Kansas City Real Estate Market


The most recent Kansas Association of Realtors real estate stats (for the month of May) indicates further strengthening of the state-wide housing market. Home sales volume continue to rise, as does resulting home sale prices. During the month of May in Kansas, homes sales increased 14.2% compared to May of last year. This follows up last months reported 7.8% increase in home sales.

Photo 1562

At last months check, the state was in a balanced real estate market but nearing a seller’s market (with 5.2 months of inventory). This month there is 4.0 months of inventory on the market and thus the state  has moved into a seller’s market. The rise in home sale prices was just as impressive with average sale prices rising 9.5% compared to May of last year. This follows up last month’s huge 13.7% increase in sale prices in Kansas.

Locally in the Johnson County Kansas area, the real estate market continues to heavily favor home sellers. Over the past month there were 933 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to 2.6 months of inventory on the market. This is an increase over last month’s 2.1 months of inventory but still represents a very strong seller’s real estate market in Johnson County Kansas.


Posted by Jason Brown

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Leawood Kansas Real Estate Market Update – June 2013 Update

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.

Leawood Kansas Real Estate Information

Search All Leawood Kansas MLS Listing

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Listing Agents In Leawood Kansas

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Posted by Jason Brown

 

With Only 2.5 Months Of Inventory In Johnson County Kansas, NOW Is The Time To Sell

Checking The Pulse Of The Kansas City Real Estate Market

School is out and with Memorial Day weekend here we’re seeing a rush of buyers getting out to locate a new home. If you’re one of the many who have been thinking about selling your home, now is definitely the time to get your home on the market. Sellers are turning their homes quicker than we have seen in many, many years and if you price your home appropriately, it could sell within a week. Many homes that are priced slightly above comparable sales are selling within weeks due to the lack of competition on the market.

Photo 1270You may be surprised at the market stats for your area and the price at which your home could sell in today’s real estate market. Overall in Johnson County Kansas, there were 893 homes sold the past month. Compared to the volume of homes currently for sale in Johnson County Kansas, there’s just 2.5 months of inventory on the market.  Don’t hesitate to contact us to go over the market stats on your specific home community because most areas of Johnson County Kansas are in a seller’s market… Some communities are even in a STRONG seller’s market. Contact us today to discuss how we can help you get your home SOLD!


Posted by Jason Brown

If You’ve Been Holding Off On Selling Your Johnson County KS Home, NOW Is The Time

Checking The Pulse Of The Kansas City Real Estate Market

What kind of Kansas City real estate market are we heading into this spring? The demand for homes is high, the supply of homes is low and new home construction is returning to be a player in our local market. Homes are selling in Kansas City, Johnson County Kansas, Overland Park and the surrounding areas at prices not seen since 2007 and nationally homes sales are up more than 9% for the year.

Photo 1744

The supply of homes is low, so low in fact that we’re having trouble locating homes for many buyers. This is the reality of it, though I expect the typical influx of spring listings will go a long way towards satisfying home buyer demand. If you are thinking about selling, or if you’ve held off selling attempting to wait out the real estate downturn, now is the time to sit down with us, go over your situation, and let us get to work getting your home sold. Appropriately priced homes are selling within 30 days.

Nationally, the supply of homes is down more than 20% from this time last year and at a level not seen in EIGHT years.  I’ve seen new home starts sprouting up across the metro and we’re seeing brisk sales in new home communities that had struggled mightily the past several years. Something to consider for resale sellers, the more builders that get back in the market, the more competition it is when selling… And all things being equal, buyers will choose a new home over a resale home. With interest rates so low, now is truly a better time than any in recent memory to be selling a home and making a move.

Posted by Jason Brown