Thursday, October 20, 2016

Leawood, KS Real Estate Market Report - Is it a buyer's, seller's or neutral real estate market?

Leawood, KS Real Estate Market Report

Is it a buyer's, seller's or neutral real estate market?


Leawood, Leawood KS, Leawood Kansas, Leawood real estate



September 2016 is a Neutral market in Leawood, KS*


Home For Sale in September 2016: 209 units.

Up 1% compared to the last month
Down 4.1% compared to the last year


Home Listed in September 2016: 79 units.

Up 23.4% compared to the last month
Down 1.2% compared to the last year


Home Closed in September 2016: 55 units.

Down 11.3% compared to the last month
Down 19.1% compared to the last year


Home Placed under Contract in September 2016: 29 units.

Down 42% compared to the last month
Down 51.7% compared to the last year


*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales

September 2016 Average Sold Price per Square Footage is Neutral in Leawood, KS*

Average Sold Price per Square Footage in September 2016:$145 

Down 0.7% compared to the last month
Up 2.1% compared to the last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral

September 2016 Average Days on Market trend Remains Steady in Leawood, KS*

Average Days on Market in September 2016: 63 
Up 14.5% compared to the last month
Down 3.1% compared to the last year

*Based on 6 month trend - Rising/Falling/Remains Steady
September 2016 is a Neutral market in Leawood, KS*


Months of Inventory based on Closed Sales in September 2016: 3.8
Up 15% compared to the last month
Up 18.7% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales



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