Looking at the July 2012 real estate sales activity in Leawood Kansas to calculate the city’s absorption rate, we find there’s 5.5 months of inventory currently on the market. This amount of inventory is considered a slight advantage to the sellers. 6 months of inventory is considered a "balanced" market. 58 homes sold were on the market an average of only 94 days and had an average sales price of $381,000. The average price of active listings was $597,000.
The 29 homes that went under contract (pending) is just as impressive as the volume of homes sold (closed) in Leawood KS as the local market continues to improve for home sellers.
Count on the Paul Surles Real Estate Group if you’re considering purchasing or selling a home the Overland Park Kansas area. We look forward to helping you through the process and making this your best move ever.
Let us know more about the areas, features and amenities that interest you. Get more details on our website http://www.LiveInOverlandPark.com about selling a home in Leawood KS and buying a home in Leawood Kansas.