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.

How much is your home in Leawood worth?

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

Keller Williams Realty Partners, Inc.

11005 Metcalf Overland Park Kansas 66210

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

email Ken@KenJansenSellsHomes.com

website www.kansascityrealestate411.com