Tag Archives: Shawnee Kansas Realtors

Shawnee Kansas Real Estate Market Update – April 2012

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Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Shawnee Kansas
15 Day Glance At The Shawnee KS Real Estate Market

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 5.6 months of inventory currently on the market. This amount of inventory indicates a slight buyer’s market in the Shawnee Kansas area. The average sales price in Shawnee Kansas the past 15 days was just above $250,000 and the average home sold (closed) was on the market for 102 days.

Type # Average $ Avg DOM
Listings Past 15 Days 66 $227,403 –
Total Active Listings 344 – –
Newest Contracts Written 45 $231,774 83
Newest Sold (Closed) 31 $250,198 102

* 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.

It appears closings in the next 30 to 60 days will remain strong with 45 homes in Shawnee Kansas going under contract the past 15 days. If you are making plans to buy or sell a home in Shawnee Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Shawnee KS home or with buying a Shawnee KS home. Please contact my group with any questions you have regarding real estate in Shawnee Kansas.

Shawnee Kansas Relocation Information

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View Additional Real Estate Stats On Shawnee Kansas

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Our Shawnee Kansas Listing Agent Services


Posted by Jason Brown

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Volume Of Home Sales In Kansas During September Outpaces Rest Of The U.S.

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Checking The Pulse Of The Kansas City Real Estate Market

The final September stats released by the Kansas Association of Realtors shows another huge improvement for the state of Kansas real estate market. Home sales rose 12.2% during the month compared to September of 2010. The volume of home sales across the state went from 2,205 last September to 2,473 in September of this year. The increase in sales is helping eat up housing inventory, thus reducing the supply of homes. That is key factor needed to stabilize house prices. Still, despite the increase in homes sales, the average sales price during the month of September did fall 0.4%. But this easily outpaced the rest of the U.S., where average sales price fell 3.5%.

Factoring in the 18,812 homes for sale in Kansas at the end of September against a sales rate of 2,473 homes sold (in September), we find 7.6 months of inventory on the market in Kansas at the end of September. This amount of inventory indicates a continuation of the buyer’s market in Kansas, making it a great time for buyers to get a great deal when buying a home. 

In Johnson County Kansas, the September stats look even better than across the state. 638 homes were sold in Johnson County Kansas during September and factoring that against the 3,597 homes currently for sale in Johnson County Kansas, it calculates to 5.6 months of inventory on the market in Johnson County. This amount of inventory is considered a balanced real estate market, meaning Johnson County continues to be one of the strongest real estate markets in the Kansas City area and across the state of Kansas. 


Posted by Jason Brown

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Shawnee Kansas Real Estate Update – October 2011

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Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Shawnee Kansas
15 Day Glance At The Shawnee KS Real Estate Market

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 9.9 months of inventory currently on the market. This amount of inventory indicates a buyer’s market in the Shawnee Kansas area. The homes that sold (closed) in the city the past 15 days took an average of 97 days to do so. The average price of the new listings to hit the market the past 15 days was almost $226,000, while the average sales price was about $191,000.

Type # Average $ Avg DOM
Listings Past 15 Days 44 $225,971 –
Total Active Listings 437 – –
Newest Contracts Written 22 $239,330 131
Newest Sold (Closed) 22 $191,097 97

* 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 homes that went under contract the past 15 days did so at an impressive average list price of almost $240,000. If you are making plans to buy or sell a home in Shawnee Kansas, myself or one of real estate specialists look forward to assisting you through the process. Here’s information on how we can assist you with selling your Shawnee area home or with buying a Shawnee area home. Please contact us with any questions you have about Shawnee Kansas real estate.

Shawnee Kansas Relocation Information

Search Shawnee Kansas Homes For Sale

View Additional Real Estate Stats On Shawnee Kansas

Our Shawnee Kansas Buyer’s Agent Services

Our Shawnee Kansas Listing Agent Services


Posted by Jason Brown

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Shawnee Kansas Real Estate Update – August 2011

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Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Shawnee Kansas
15 Day Glance At The Shawnee KS Real Estate Market

After calculating the absorption rate over the past 15 days in Shawnee Kansas, we find the city has 9.0 months of inventory currently on the market. This amount of inventory indicates it remains a buyer’s market in the city of Shawnee. The average sales price over the last 15 days in Shawnee was nearly $213,000, while the average new listing to come on the market during the same time-frame had an average list price of about $237,000.

Type # Average $ Avg DOM
Listings Past 15 Days  36 $237,167 –
Total Active Listings 433 – –
Newest Contracts Written 35 $226,690 162
Newest Sold (Closed) 24 $212,769 94

* 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 24 homes sold (closed) in Shawnee Kansas were on the market for 94 days. If you are making plans to buy or sell a home in Shawnee Kansas, we can provide you expert guidance through the process. Here’s information on how we can assist you with selling your Shawnee KS home or with buying a Shawnee KS home. Please contact us with any questions you may have and we look forward to assisting you.

Shawnee Kansas Relocation Information

Search Shawnee Kansas Homes For Sale

View Additional Real Estate Stats On Shawnee Kansas

Our Shawnee Kansas Buyer’s Agent Services

Our Shawnee Kansas Listing Agent Services


Posted by Jason Brown

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Shawnee Kansas Real Estate Update – March 2011

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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

Using the past 15 days of market stats to calculate the absorption rate in Shawnee Kansas, we find there’s 6.3 months of inventory on the market. This figure is based on the 369 homes for sale in Shawnee Kansas. These stats are much improved from a little over a month ago when we had well more than a year of inventory on the market in Shawnee. The improvements were seeing are mostly do a higher volume of sales (closings) over the past 15 days, rather than fewer homes being present on the market.

Type

#

Average $

Avg DOM

Listings Past 15 Days

 66 $229,067

–

Total Active Listings

 369

–

–

Newest Contracts Written

 42 $210,416 146

Newest Sold (Closed)

 29 $183,368 161

* 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.

The volume of homes that went pending (42) the past 15 days was even more impressive and gives hope for an improving Shawnee Kansas real estate market. A close eye will need to be kept on home prices because the average listing came on the market at nearly $230,000, while the average sales price was close to $183,000. If your real estate goals involve buying or selling a home in Shawnee, please contact us to discuss your situation and how we can assist you.

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Buyer’s Agents In Shawnee

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Shawnee Kansas

Shawnee Kansas

Featured Shawnee Kansas Link…
Shawnee Kansas Property Tax Structure
Posted by Jason A. Brown

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Shawnee Kansas Real Estate Update – February 2011

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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

I calculated the city of Shawnee’s real estate absorption rate using the past 15 days of market stats. I then compared that absorption rate against the current volume of homes for sale in Shawnee Kansas. What I found is a very high 19.5 months of inventory currently on the market. The sales rate we saw the past 15 days – of just 4.5 closing a week for the entire city – is very slow. The sales pace needs to pick up to eat more quickly into the 350+ homes for sale in Shawnee.

Type

#

Average $

Avg DOM

Listings Past 15 Days

 35 $215,737

–

Total Active Listings

 352

–

–

Newest Contracts Written

 20 $222,676 112

Newest Sold (Closed)

 9 $214,394 102

* 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.

The Pending sales over the same 15 day period was better, with 20 homes going under contract. But even if we assume all those homes will make it to the closing table (and used that figure to calculate the absorption rate), there’s still 8.8 months of inventory on the market in Shawnee KS. If you are planning to buy or sell a home in Shawnee, please contact me to discuss your buying or selling situation. I look forward to learning about your real estate objectives and helping you make it happen.

View More Real Estate Stats On Shawnee

Buyer’s Agents In Shawnee

Seller’s Agents In Shawnee

Relocating to Shawnee

View All Listed Shawnee Homes For Sale

Shawnee Kansas

Shawnee Kansas

Featured Shawnee Kansas Link…
Shawnee Parks & Recreation Brochure
Posted by Jason A. Brown

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Shawnee Kansas Real Estate Statistics * 15-Day Update On Shawnee KS

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Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market

City of Shawnee Kansas Real Estate Update <> 15-day Glance

Shawnee KS Real Estate Market Stats

Type

#

Average $

Avg DOM

–

Newest Listings

61

$250,539

–

View Newest Listings

Total Active Listings

490

–

–

–

Newest Under Contract

32

$223,578

64

View Newest Under Contract

Newest Solds (Closed)

9

$207,974

37

View Newest Solds

* Average Newest Under Contract 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 a particular category. DOM is Days On Market. Note the date of this post as market stats become outdated. Stats may not be an exact 15 days. Stats were pulled 7 AM on 2/17/09.

In the city of Shawnee Kansas there continues to be more homes coming on the market than homes going under contract (pending) or than homes being sold (closed). This creates a further surplus of supply of homes in Shawnee. Using the past 15 days of sales as a basis for figuring the absorption rate in Shawnee KS, there’s more than 2 years of inventory on the market. If we use the Pending sales as the basis for calculating the absorption rate, the numbers look better and there is less than 8 months of inventory. Keep in mind that a 15-day period is a small sampling of market activity designed to look at the what’s going on now in the current real estate market.

While a 15-day period could indicate a trend it does not necessarily show a real estate markets long-term trend. The fact that the pending sales have picked up is a good sign and if most of them make it to the closing table then that certainly will be promising. Note that the average sales price was about $208,000 and the average listed price of the homes that went under contract was around $224,000. Both figures are lower than the average list price of the new listings we saw, which was around $250,000.

Posted by Jason A. Brown

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