Suburban Kansas City Real Estate in Johnson County Kansas: Leawood Kansas, suburban Kansas City, Real Estate Market Update February 19th, 2010

Leawood Kansas, suburban Kansas City, Real Estate Market Update February 19th, 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

Quick overview - the Leawood Kansas Real Estate Market as of 02/19/2010 295 Leawood KS homes for sale, 235 Leawood KS Homes sold in the last six months. This equals 7.4 months of 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 February 19th, 2010 there are 45 homes listed for sale in Leawood Kansas, suburban Kansas City in Johnson County listed at $225,000 to $300,000. Since August 19th, 2009 43 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, a neutral real estate market for Leawood at this price point.

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

As of February 19th, 2010 there are 75 Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $300,000 to $450,000. Since August 19th, 2009 79 homes have sold in Leawood, KS 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 February 19th, 2010 there are 67 Leawood KS homes listed for sale in Metro Kansas City in suburban Johnson County listed at $450,000 to $700,000. Since August 19th, 2009 54 homes have sold in Leawood, KS between $450,000 and $700,000. Buyer advantage at this price point. Top 3 most popular Leawood subdivisions in this price range include Iron Horse with over 16% of total sales, "Old Leawood" with 20% of total sales in this price range, and Pavilions with nearly 11% of total sales

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

As of February 19th, 2010 there are 50 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 August 19th, 2009 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

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

As of February 19th, 2010 there are 39 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 August 19th, 2009, 2009 13 homes have sold in Leawood, KS 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 definate buyer's market. Luxury home buyers may also be considering a unique home in Mission Hills KS located in Northern Johnson County.

Leawood KS homes for sale at $225,000 or less

As of February 19th, 2010 there are 27 Leawood KS homes listed for sale in suburban Kansas City in Johnson County with an asking price of $225,000 or less. Since August 19th, 2009 37 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.