Shawnee Real Estate Market Report - Johnson County, Kansas
Shawnee, Kansas - Johnson County

Market Commentary Provided by The Gilkison Group

  Report Date   Fall 2009  
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The Gilkison Group
The Gilkison Group
Keller Williams Legacy Partners, Inc
Shawnee, Kansas
913-568-3844
Stephanie@StephanieKulp.com
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Keller Williams Legacy Partners, Inc
  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...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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