Leawood Kansas, suburban Kansas City, Real Estate Market Update June 1st, 2010
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 KS Homes for Sale in Johnson County Kansas
Quick overview – the Leawood Kansas Real Estate Market as of June 1st, 2010
- 365 Leawood KS homes for sale,
- 224 Leawood KS Homes sold in the last six months.
- 9.8 months of Leawood residential inventory based on the last six months demand.
Please contact me with any questions at Ken@KansasCityRealEstate411.com
Overall – advantage to the Leawood KS home buyer. The difference occurs in the price range of the home you are buying or selling. Overall supply in the $300K housing market is up since my last report on Leawood.
Leawood KS homes for sale at $225,000 to $300,000
46 Leawood KS homes listed for sale in suburban Kansas City in Johnson County listed at $225,000 to $300,000. A decrease in inventory since my last report. Since December 1st, 2009 48 homes have sold in Leawood Kansas between $225,000 and $300,000. Based on the rate of absorption of inventory with recent demand levels for housing in Leawood, a neutral real estate market for Leawood at this price point.
Leawood KS homes for sale at $300,000 to $450,000
As of June 1st, 2010 there are 100 Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $300,000 to $450,000. An increase in supply. Since December 1st, 2009 76 Leawood KS homes have sold between $300,000 and $450,000. A Buyer advantaged real estate market exists for Leawood at this price point. Supply is exceeding demand.
Leawood KS homes for sale at $450,000 to $700,000
As of June 1st, 2010 there are 92 Leawood KS homes listed for sale in Metro Kansas City in suburban Johnson County listed at $450,000 to $700,000. Also an increase in supply. Since December 1st, 2009 47 Leawood KS homes have sold between $450,000 and $700,000. Buyer advantage at this price point.
Top 4 most popular Leawood KS subdivisions in this price range include
- Iron Horse making up over 20% of overall sales in this price range
- “Old Leawood”
- Pavilions
- Wilshire Place
- Waterford
Leawood KS Homes for sale at $700,000 to $1,000,000
As of June 1st, 2010 there are 58 Leawood KS homes listed for sale in metro Kansas City in suburban Johnson County with an asking price between $700,000 to $1,000,000. Since December 1st, 2009 just 17 Leawood KS homes have sold between $700,000 and $1,000,000. With roughly a year and half of inventory of homes in Leawood KS available based on current demand, this is a strong buyer’s market. Top selling Leawood subdivisions in this price range
- “Old Leawood”
- Highland Ranch
Luxury Leawood KS homes for sale with an asking price of $1,000,000 or more
As of June 1st, 2010 there are 44 Luxury homes in Leawood KS listed for sale in suburban Kansas City in Johnson County with an asking price of $1,000,000 or more. Since December 1st, 2009, a privileged 8 Leawood KS homes have sold at the Million Dollars plus luxury home price point. Even in Leawood a two and a half year plus supply of homes compared to demand is a definite buyer’s market. Luxury home buyers may also be considering a unique home in Mission Hills KS located in Northern Johnson County.
Areas in Leawood for million dollar plus home sales in the last six months
Leawood KS homes for sale at $225,000 or less
As of June 1st, 2010 there are 33 Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $225,000 or less. Since December 1st, 2009 35 single family homes have sold in Leawood, KS at $225,000 or less. There is a NEUTRAL price point in the Leawood KS housing market in the under $225,000 price range. Smart home buyers are seeking out the great housing options in Leawood Kansas.