Leawood real estate market update - Leawood homes for sale 09-18-2009

Leawood Kansas, suburban Kansas City, Real Estate Market Update September 18th, 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.

Leawood homes for sale at $225,000 or less

As of September 18th, 2009 there are 32 Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price of $225,000 or less. Since May 1st, 2009 31 single 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.

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

As of September 18th, 2009 there are 52 homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $225,000 to $300,000. Since May 1st, 2009 40 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 advantaged market in this price range, with a slight advantage to the buyer.

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

As of September 18th, 2009 there are 95 Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price of $300,000 to $450,000. Since May 1st, 2009 82 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.

Leawood homes for sale at $450,000 to $700,000

As of September 18th, 2009 there are 97 Leawood homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $450,000 to $700,000. Since May 1st, 2009 52 homes have sold in Leawood, KS between $450,000 and $700,000. This is roughly a years worth of inventory based on recent demand compared to supply. Strong Buyers Advantage.

Leawood Homes for sale at $700,000 to $1,000,000

As of September 18th, 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 May 1st, 2009 22 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

Luxury Leawood homes for sale with an asking price of $1,000,000 or more

As of September 18th, 2009 there are 52 Luxury Leawood homes listed for sale in suburban Kansas City in Johnson County with an asking price of $1,000,000 or more. Since May 1st, 2009, 2009 14 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.