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
Taking the absorption rate over the past 15 days in Shawnee Kansas into account, there’s currently 11.2 months of inventory on the market. This is high and a pace of 40 sales per month city-wide just isn’t eating quickly enough into the nearly 450 homes currently for sale quick in Shawnee. Of further concern is it took 140 days on average for those 20 homes to sell and close.
|
Type |
# |
Average $ |
Avg DOM |
|
Listings Past 15 Days |
56 | $260,154 |
– |
|
Total Active Listings |
447 |
– |
– |
|
Newest Contracts Written |
26 | $203,985 | 79 |
|
Newest Sold (Closed) |
20 | $231,689 | 140 |
* 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.
26 homes went under contract and the average sales price of about $204,000 was much lower than the $260,000 average figure of the seller’s homes that came on the market over the same period. If selling or buying a home in Shawnee Kansas is in your future, you’ll want to be sure you factor these stats into your real estate decision. Please let me know your specific real estate goals and I look forward to assisting you through the real estate process.
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Posted by Jason A. Brown
