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Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Shawnee Kansas and comparing it to the current volume of homes for sale in Shawnee, we find there’s 4.8 months of inventory in the city. This amount of inventory indicates a slight seller’s real estate market in the city of Shawnee and the average new listing the past 15 days came on the market around $235,000.

Type	#	Average $	Avg DOM
Listings Past 15 Days	55	$235,472	—
Total Active Listings	223	—	—
Newest Contracts Written	43	$244,478	135
Sold (closed) Past 15 Days	23	$213,316	88

* 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 home sold the past 15 days in Shawnee was on the market 88 days and had a sales price around $213,000. Please let us know what information we can provide to you assist you with buying or selling a home in Shawnee. Please contact us with any real estate questions and you can find more details here regarding selling a Shawnee Kansas home and with buying a Shawnee Kansas home.

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Posted by Jason Brown

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

After calculating the absorption rate over the past 15 days in Shawnee, we find there’s 11.4 months of inventory on the market at the recent sales pace. This is high and a sales pace of 30 sales a month is only slowly eating up the available inventory. There were a decent number of homes going under contract the past 15 days and this gives Shawnee home sellers hope that things are picking up as we head into the new year.

Type	#	Average $	Avg DOM
Listings Past 15 Days	21	$219,931	–
Total Active Listings	343	–	–
Newest Contracts Written	23	$179,559	312
Newest Sold (Closed)	15	$210,322	154

* 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 your real estate objectives involve buying or selling a home in Shawnee Kansas or in a neighboring city, please contact me to discuss your situation. I provide clients expert guidance when buying a selling their homes and I look forward to learning more about your situation and helping you achieve your real estate goals.

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