Leawood Kansas, suburban Kansas City, Real Estate Market Update August 16th, 2009

Leawood Kansas, suburban Kansas City, Real Estate Market Update August 16th, 2009

Homes for sale in Leawood

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 16th, 2009 there are 25 homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County with an asking price of $225,000 or less. Since March 15th, 2009 32 single family homes have sold in Leawood, KS at $225,000 or less. There is a Seller Advantage in the under $225,000 price range in the Leawood Kansas Real Estate Market. This is being helped by the $8,000 tax credit for first time buyers. 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?

Leawood homes for sale $225,000 to $300,000

As of August 16th, 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 March 15th, 2009 34 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 seller advantage in the lesser price range to closer to a neutral market in the price range, with a slight advantage to the buyer.

How many homes are for sale in Leawood from $300,000 to $450,000?

Leawood homes for sale $300,000 to $450,000

As of August 16th, 2009 there are 106 Leawood homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County with an asking price of $300,000 to $450,000. March 15th, 20092009 81 homes have sold in Leawood, KS between $300,000 and $450,000. The advantage is to the buyer in this price range in Leawood.

How many homes are for sale in Leawood from $450,000 to $700,000?

As of August 16th, 2009 there are 111 Leawood homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $450,000 to $700,000. March 15th, 2009 49 homes have sold in Leawood, KS between $450,000 and $700,000. This is roughly a years worth of inventory based on recent demand. Buyers Advantage.

 

How many homes are for sale in Leawood from $700,000 to $1,000,000?

As of August 16th, 2009 there are 52 Leawood homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $700,000 to $1,000,000. Since March 15th, 2009 14 homes have sold in Leawood, KS between $700,000 and $1,000,000. With roughly a year and half of inventory available based on current demand, this is a strong buyer's market

How many homes are for sale in Leawood for $1,000,000 or more?

As of August 16th, 2009 there are 52 Leawood homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $1,000,000 or more. Since March 15th, 2009, 2009 17 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. Buyers in this price range may also be considering homes in Mission Hills or a house in Prairie Village

How much is my 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.

Ken Jansen Broker Associate, CRS, ABR, CLHMS, ePRO, CSP

Keller Williams Realty Partners, Inc. Overland Park Kansas 66210

Phone 913-908-2215 Fax 913-744-2714

email Ken@KenJansenSellsHomes.com

website www.KansasCityRealEstate411.com