Shawnee Kansas Real Estate Update – July 2011

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 13.6 months of inventory currently on the market. This is very high and we need more than 17 homes selling in a two-week period to eat through the 463 homes for sale in Shawnee. Almost twice as many homes went under contract as sold (closed) during the same 15-day period and that’s a good sign.

Type # Average $ Avg DOM
Listings Past 15 Days  59 $239,992
Total Active Listings 463
Newest Contracts Written 31 $198,029 106
Newest Sold (Closed) 17 $188.012 117

* 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 of the last 17 sales in Shawnee was right at $188,000, while the average price of the 59 new listings was nearly $240,000.  If you are making plans to buy or sell a home in Shawnee Kansas, we look forward to going over the market stats that specifically affect your buying or selling decisions. Here’s information on how we assist Shawnee Kansas home sellers and how we assist Shawnee Kansas home buyers. Please contact us with any questions you may have. We look forward to assisting you!

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Posted by Jason 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