Shawnee Kansas Real Estate Update – November 2010

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

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 9.0 months of inventory on the market. This is high but a marked improvement on the more than 11 months of inventory in our previous Shawnee Kansas real estate update. It’s still clearly a buyer’s market in Shawnee Kansas and the average sales price of the new listings on the market the past 15 days was significantly higher ($284,462) than the average sale price over the same period ($227,197).

Type

#

Average $

Avg DOM

Listings Past 15 Days

45 $284,462

Total Active Listings

415

Newest Contracts Written

29 $219,843 115

Newest Sold (Closed)

23 $227,197 137

* 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.

Whether your real estate goals involve buying or selling a home in Shawnee Kansas or in the surrounding Johnson County KS or Kansas City area, I’d look forward to assisting you. Please contact me to let me know the basics about your real estate goals and we’ll start going over the market stats and how we can help you get the best possible deal when buying or selling a Shawnee Kansas home.

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Posted by Jason A. Brown

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Shawnee Kansas Real Estate Update – April 2010

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

Using the past 15 days of market stats in the chart below to figure the absorption rate in Shawnee KS, we can determine there’s 8.7 months of inventory currently on the market in the city. This is high and it’s clearly still a buyer’s real estate market in Shawnee. At a pace of 48 sales per month, it’s going to take some time to sell of the 400+ Active areas listings. The sales prices of both the homes that have Sold (closed) and the homes that have gone under contract in the past 15 days have been very consistent, all being in the $230’s average price range.

Type
#
Average $
Avg DOM
Listings Past 15 Days
88 $235,515
Total Active Listings
415
Newest Contracts Written
70 $230,915 105
Newest Sold (Closed)
24 $239,340 75

* 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.

If you’re considering selling or buying a home in Shawnee Kansas, you’ll need more than just 15 days of market stats. You’ll want to the an expanded history of Shawnee Kansas stats as well as the market information particular to the subdivision where you’re considering buying or selling a home. Please let us know how we can assist you.

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Posted by Jason A. Brown