Shawnee KS real estate update for December 2016… Get details on the Seller’s market & search Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 35 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 165 homes for sale in Shawnee, the city has 2.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $268,000 list price, while the average sales price during the same time frame was nearly $308,000.

Type # Average $ Avg DOM
Listings Past 15 Days 32 $267,780
Total Active Listings 165
Newest Contracts Written 29 $236,567 59
Sold (closed) Past 15 Days 35 $307,904 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 35 homes sold in Shawnee Kansas were on the market an average of 84 days, while the last 29 homes to go under contract did so in 59 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee KS real estate update for November 2016… Get details on the Seller’s market & search Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 45 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 187 homes for sale in Shawnee, the city has 2.1 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $313,000 list price, while the average sales price during the same time frame was nearly $215,000.

Type # Average $ Avg DOM
Listings Past 15 Days 50 $312,587
Total Active Listings 187
Newest Contracts Written 36 $321,981 44
Sold (closed) Past 15 Days 45 $214,555 41

* 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 45 homes sold in Shawnee Kansas were on the market an average of 41 days, while the last 36 homes to go under contract did so in 44 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee KS real estate update for September 2016… Get details on the Seller’s market & search Lenexa homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 48 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 170 homes for sale in Shawnee, the city has 1.8 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $266,000 list price, while the average sales price during the same time frame was nearly $256,000.

Type # Average $ Avg DOM
Listings Past 15 Days 48 $266,340
Total Active Listings 170
Newest Contracts Written 45 $279,101 50
Sold (closed) Past 15 Days 48 $255,958 54

* 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 48 homes sold in Shawnee Kansas were on the market an average of 54 days, while the last 45 homes to go under contract did so in 50 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee KS real estate update for August 2016… Get details on the strong Seller’s market & search Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 68 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 184 homes for sale in Shawnee, the city has 1.4 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $266,000 list price, while the average sales price during the same time frame was almost $272,000.

Type # Average $ Avg DOM
Listings Past 15 Days 65 $265,694
Total Active Listings 184
Newest Contracts Written 65 $255,354 31
Sold (closed) Past 15 Days 68 $272,195 56

* 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 68 homes sold in Shawnee Kansas were on the market an average of 56 days, while the last 65 homes to go under contract did so in 31 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee KS real estate update for July 2016… Get details on the strong Seller’s market & search Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 66 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 181 homes for sale in Shawnee, the city has 1.4 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $327,000 list price, while the average sales price during the same time frame was nearly $264,000.

Type # Average $ Avg DOM
Listings Past 15 Days 73 $327,146
Total Active Listings 181
Newest Contracts Written 63 $260,413 58
Sold (closed) Past 15 Days 66 $263,624 40

* 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 66 homes sold in Shawnee Kansas were on the market an average of 40 days, while the last 63 homes to go under contract did so in 58 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee home or buying a Shawnee home and contact us for personal real estate assistance.

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Shawnee KS real estate update for June 2016… Get details on the strong Seller’s market & search Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 46 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 176 homes for sale in Shawnee, the city has 1.9 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $277,000 list price, while the average sales price during the same time frame was nearly $253,000.

Type # Average $ Avg DOM
Listings Past 15 Days 75 $277,370
Total Active Listings 176
Newest Contracts Written 92 $273,610 40
Sold (closed) Past 15 Days 46 $252,985 56

* 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 46 homes sold in Shawnee Kansas were on the market an average of 56 days, while the last 92 homes to go under contract did so in 40 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee Kansas real estate update for February 2016… View details on the Seller’s market & Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 18 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 162 homes for sale in Shawnee, the city has 4.5 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $386,000 list price, while the average sales price during the same time frame was nearly $236,000.

Type # Average $ Avg DOM
Listings Past 15 Days 40 $385,787
Total Active Listings 162
Newest Contracts Written 50 $251,485 69
Sold (closed) Past 15 Days 18 $235,603 51

* 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 18 homes sold in Shawnee Kansas were on the market an average of 51 days, while the last 50 homes to go under contract did so in 69 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Shawnee Kansas home.

The Jason Brown Group gives Shawnee home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us for personal real estate assistance.

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Shawnee Kansas real estate update for January 2016… View the Seller’s market breakdown & Shawnee homes for sale

The Jason Brown Group

Shawnee KS Real Estate Update

There were 61 homes sold (closed) in Shawnee Kansas the past 15 days. Comparing this sales rate to the current 176 homes for sale in Shawnee, the city has 1.44 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Shawnee. The average new listing the past 15 days in Shawnee Kansas came on the market around a $311,000 list price, while the average sales price during the same time frame was nearly $258,000.

Type # Average $ Avg DOM
Listings Past 15 Days 47 $310,538
Total Active Listings 176
Newest Contracts Written 54 $278,710 71
Sold (closed) Past 15 Days 61 $258,110 78

* 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 61 homes sold in Shawnee Kansas were on the market an average of 78 days, while the last 54 homes to go under contract did so in 71 days on average. We can help you further assess these Shawnee real estate market stats and we look forward to assisting you with buying or selling a Shawnee home.

We give Shawnee home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Shawnee home buyer’s best interests throughout the home buying process and help with locating all the possible area homes that fit our buyer’s needs. Get detailed information on our site regarding selling a Shawnee Kansas home or buying a Shawnee Kansas home and contact us when it’s time to start the real estate process.

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Shawnee Kansas Real Estate Market – July 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 47 homes sold in Shawnee Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.7 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Shawnee. The average new listing the past 15 days came on the market around $245,000, while the average sales price during the same time period was around $217,000.

Type # Average $ Avg DOM
Listings Past 15 Days 67 $244,612
Total Active Listings 252
Newest Contracts Written 65 $228,315 67
Sold (closed) Past 15 Days 47 $217,023 77

* 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 47 homes sold in Shawnee Kansas were on the market an average of 77 days, while the 65 homes to go under contract during the same time period did so in 67 days on average. We can assist you with buying or selling a home in Shawnee, so please contact The Jason Brown Group with all of your Shawnee Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Shawnee Kansas home and buying a Shawnee Kansas home.

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Phasing Out Of The Kansas Mortgage Registration Tax

The Pulse Of The Kansas City Real Estate Market

The Kansas Mortgage Registration Tax that has been in effect for nearly 90 years is being phased out. Over the years this tax applied to all Kansas home buyers who purchase a home that required a mortgage loan and it was one of the items items paid at closing. The formula used was $2.60 per $1000 of loan amount, so if a buyer was borrowing $100,000, they would pay $260 tax to the state of Kansas at closing. 

Photo 1385Many have viewed the tax as unfair and specifically targeted banks, mortgage lenders and home buyers in the state. Others have argued the tax is necessary to cover county recording fees, cover the county’s costs for county employees to handle foreclosure evictions, etc. Additionally, one cent of the 26 cents taxed per thousand was going to what’s known as the Heritage Trust Fund, which is the sole funding for many historic landmarks in Kansas. I’m really not sure how banks and home buyers became responsible for maintaining historic landmarks but that’s how it’s worked for years.

With the tax being phased over the next 5 years, the burden for the lost tax revenue will no doubt be made up somewhere. While it could mean higher real estate property taxes in the future, in the short term the plan is to try and make up for the loss with increases to the document recording fees on each closing, meaning much of the burden will still be felt by home buyers at closing. If the lost tax revenues aren’t offset by these increases, it could mean higher real estate property taxes for all Kansas counties in the future.

 
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