Shawnee Kansas Real Estate Market Update March 17th, 2010

Shawnee Kansas Real Estate Market Update March 17th, 2010

Happy St. Patrick’s Day!

Overview of Shawnee KS Real Estate Market

  • 385 Shawnee KS homes for sale
  • 365 Shawnee KS Homes sold in last 6 months
  • Over 60 Shawnee KS homes sold per month for the last 6 months
  • 6 months of inventory based on current supply and recent demand
  • Overall Shawnee KS Real Estate Market is Neutral based on supply and demand
  • Most often there are significant variations in the above stats based on price range

Shawnee KS is a large and growing city in suburban Kansas City with a bunch of homes for sale. Let’s break down the Shawnee real estate market by price range.

Shawnee KS Homes for sale $150,000 to $225,000

As of March 17th, 2010 there are 156 Shawnee KS homes listed for sale in suburban Kansas City in Johnson County with an asking price between $150,000 and $225,000 . Since September 17th, 2009 143 single family homes have sold in Shawnee, KS at between $150,000 and $225,000. Neutral Market. Demand and supply are in balance, but the demand was likely inflated by original cut off of the $8000 tax credit, which has since been extended.

Shawnee KS Homes for sale $225,000 to $300,000

As of March 17th, 2010 there are 68 Shawnee KS homes listed for sale in suburban Kansas City in Johnson County with an asking price between $225,000 and $300,000 . Since September 17th, 2009 65 single family homes have sold in Shawnee, KS at $250,000 or less. Neutral Shawnee KS Housing market in this price range – inventory is balanced compared to supply.

Homes for sale in Shawnee KS from $300,000 to $450,000

As of March 17th, 2010 there are 81 Shawnee KS homes listed for sale in suburban Kansas City in Johnson County listed at $300,000 to $450,000. Since September 17th, 2009 61 homes have sold in Shawnee, KS between $300,000 and $450,000. Slight Buyer advantage.

Shawnee KS homes for sale between $450,000 or more

As of March 17th, 2010 there are 31 Shawnee KS homes listed for sale in metro Kansas City in Johnson County listed at $450,000 or more. Since September 17th, 2009 10 homes have sold in Shawnee KS when the asking price was $450,000 or more. This is over18 months worth of inventory based on recent demand. Buyers Advantage. Buyers in this price range may also be considering homes in Overland Park Kansas or Leawood Kansas.

Shawnee KS homes for sale at $150,000 or less

As of March 17th, 2010 there are 61 Shawnee KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $150,000 or less. Since September 17th, 2009 87 homes have sold in Shawnee, KS at $150,000 or less. Seller advantage helped by the tax credit and tax credit extension. The under $150K is a hot housing market for Shawnee KS right now.

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