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Winter 2012 Market Update
When considering this market conditions report the criteria that was used for included ONLY Single Family Listings/Sales.
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| Average Home Price | $575,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 15-20% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $400,000 - $449,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Leawood is | No Change |
| Seller Activity for the past 90 days in Leawood is? | Decreasing |
| Multiple Offers? | No |
| Multiple Offers Commentary | Homes that hit the market that are priced RIGHT AT MARKET VALUE OR UP TO 5% BELOW, in excellent condition are getting multiple offers. Homes that are short sales / foreclosures and are priced well below market value are getting multiple offers. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 0-5% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | |
| Nearest Metro Area | Kansas City |
| Housing Hot Spots | Most cities within the Johnson County area are considered ’Housing Hotspots’ |
| Average Sold Price | $575,000 - View Graph Trend |
Leawood Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Kulp and Company
913-568-3844
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
30 yr. fixed rate: 3.90%---------------------------------
15 yr. fixed rate: 3.17%
30 yr. jumbo rate: 4.68%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
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Request More Information Let me answer your questions! Ask Me!
Kulp and Company
Keller Williams Legacy Partners, Inc
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 913-568-3844
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