| Market Commentary Provided by The Gilkison Group |
| Report Date | Fall 2009 |
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The Gilkison Group
Keller Williams Legacy Partners, Inc Shawnee, Kansas 913-568-3844 Stephanie@StephanieKulp.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $300,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Up 15-20% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Shawnee is | |||||
| Seller Activity for the past 90 days in Shawnee is | |||||
| Is Financing Available For Qualified Buyers in Shawnee? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | Shawnee has a lot of great New Homes Communities that are priced exceptionally well for the market right now. This is one of the most affordable cities in Johnson County in relation to the amount of home you can buy with your dollar. There are amazing prices in Oakbrook and Maplewood of Crimson Ridge (260k-320k), Frenchman's Creek, Woodland Park, Woodsonia, etc. etc. This area has EXCELLENT schools, the Desoto School District. | ||||
| Reason to Buy/Sell | Job Growth | ||||
| Average Sold Price | $300,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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