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Leawood Kansas, suburban Kansas City, Real Estate Market Update August 27th, 2009
Leawood Kansas in Johnson County, suburban Kansas City is a medium sized and sought after city in Kansas with a plethora of homes for sale. Let's break down the Leawood Kansas real estate market by price range.
How many homes are for sale in Leawood at or under $225,000?
As of August 27th, 2009 there are 31 Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price of $225,000 or less. Since April 1st, 2009 31single family homes have sold in Leawood, KS at $225,000 or less. There is a Neutral market in the under $225,000 price range in the Leawood Kansas Real Estate Market. Smart buyers are seeking out a great housing option in Leawood Kansas.
How many homes are for sale in Leawood from $225,000 to $300,000?
As of August 27th, 2009 there are 50 homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $225,000 to $300,000. Since April 1st, 2009 35 homes have sold in Leawood Kansas between $225,000 and $300,000. Based on the rate of absorbtion of inventory with recent demand levels for housing in Leawood, this represents a switch from a neutral market in the lesser price range to closer to a buyer advantagedl market in this price range, with a slight advantage to the buyer.
How many homes are for sale in Leawood from $300,000 to $450,000?
As of August 27th, 2009 there are 103 Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price of $300,000 to $450,000. Since April 1st, 2009 83 homes have sold in Leawood, KS between $300,000 and $450,000. The advantage is to the buyer in this price range in Leawood real estate.
How many Leawood homes for sale in the $450,000 to $700,000 price range?
As of August 27th, 2009 there are 106 Leawood homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $450,000 to $700,000. Since April 1st, 2009 51 homes have sold in Leawood, KS between $450,000 and $700,000. This is roughly a years worth of inventory based on recent demand. Strong Buyers Advantage.
How many homes are for sale in Leawood from $700,000 to $1,000,000?
As of August 27th, 2009 there are 56 Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price betweent $700,000 to $1,000,000. Since April 1st, 2009 17 Leawood homes have sold between $700,000 and $1,000,000. With roughly a year and half of inventory of homes in Leawood available based on current demand, this is a strong buyer's market
How many Luxury Leawood homes for sale have an asking price of $1,000,000 or more?
As of August 27th, 2009 there are 51 Luxury Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price of $1,000,000 or more. Since April 1st, 2009, 2009 18 homes have sold in Leawood, KS at the Millions Dollar plus luxury home price point. Even in Leawood a supply of over 17 months compared to demand is a definate buyer's market. Luxury home buyers may also be considering a unique home in Mission Hills KS northern Johnson County.
How much is your Leawood home worth?
The trend is picking up as far as sales volume. Credit is getting slighly easier to obtain although it will not return, at least anytime soon, to the easy credit access of 2003-2005. Those days are long gone.
Buyers are very interested in the $8,000 tax credit which is spurring interest in the market. This seems to be especially true for the under $250,000 price range.
In General, interest rates are at or near generational lows, assuming you have good credit. Now is a great time to buy, while activity is starting up and there is time to get your low low low interest rate locked in.
ZIP Code: 66224
Location Characteristics: Leawood is a medium sized and growing city in Johnson County Kansas, suburban Kansas City with quite a variety of homes for sale. Leawood home tend to be 2 to 3 times the county average value or price. A sought after location in suburban Johnson County Kansas.
For More Information:
View Market Conditions of other areas served by Ken Jansen REALTOR, CRS, ABR, e-PRO, Broker Associate
Navigate: Top > Kansas > Leawood
About Ken Jansen REALTOR, CRS, ABR, e-PRO, Broker Associate:
My track record is 99.5% of my listings sell. The average agent in Johnson County is running around 60-65% of their listings sell. High Volume agents tend to run around the 74-79% success rate. Which "odds" look better to you?
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
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