Leawood Kansas, suburban Kansas City, Real Estate Market Update March 14th, 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 03/14/2010 325 Leawood KS homes for sale, 237 Leawood KS Homes sold in the last six months. This equals roughly 8 months of Leawood residential inventory based on the last six months demand.
Overall – Slight advantage to the Leawood KS home buyer. The difference occurs in the price range of the home you are buying or selling.
Leawood KS homes for sale at $225,000 to $300,000
As of March 14th, 2010 there are 45 Leawood KS homes listed for sale in suburban Kansas City in Johnson County listed at $225,000 to $300,000. Since September 14th, 2009 42 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 March 14th, 2010 there are 92 Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $300,000 to $450,000. Since September 14th, 2009 80 Leawood KS homes have sold between $300,000 and $450,000. A neutral real estate market for Leawood at this price point.
Leawood KS homes for sale at $450,000 to $700,000
As of March 14th, 2010 there are 79 Leawood KS homes listed for sale in Metro Kansas City in suburban Johnson County listed at $450,000 to $700,000. Since September 14th, 2009 56 Leawood KS homes have sold between $450,000 and $700,000. Buyer advantage at this price point.
Top 5 most popular Leawood KS subdivisions in this price range include
- Iron Horse
- “Old Leawood”
- Pavilions
- Wilshire Place
- Waterford
- These five subdivisions account for over half of the sales in the price range in Leawood
Leawood KS Homes for sale at $700,000 to $1,000,000
As of March 14th, 2010 there are 52 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 September 14th, 2009 15 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”
- Highlands Creek
- Highland Ranch
Luxury Leawood KS homes for sale with an asking price of $1,000,000 or more
As of March 14th, 2010 there are 36 Luxury Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $1,000,000 or more. Since September 14th, 2009, 11 Leawood KS homes have sold at the Million Dollars plus luxury home price point. Even in Leawood a year and a half 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.
Top selling areas in Leawood for Million dollar plus homes
- Hallbrook
- Sienna of Leawood
- Tuscany Reserve
- Pavilions
- Hazelwood
- Siena of Leawood
Leawood KS homes for sale at $225,000 or less
As of March 14th, 2010 there are 30 Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $225,000 or less. Since September 14th, 2009 41 single family homes have sold in Leawood, KS at $225,000 or less. There is a Seller advantaged price point in the Leawood KS housing market in the under $225,000 price range in the Leawood Kansas Real Estate Market. Smart buyers are seeking out the great housing options in Leawood Kansas.
Make the smart move. Contact me.
- Ken Jansen, Broker, Jansen Realty Group, Inc.
- Straight Forward Advice
- Effective Marketing
- Results Oriented
- Ken@KansasCityRealEstate411.com
- www.KansasCityRealEstate411.com
- www.JohnsonCountyHomeReport.com (my blog)
- 913.908.2215 by phone
- 913.273.1201 by fax
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