SHAWNEE COUNTY HOME SALES REPORT – JULY MARKET UPDATE
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July saw a drop in home sales across Shawnee County, with 207 homes changing hands compared to 267 in July 2022. Sales volume also dipped, landing at $48.8 million—a reflection of fewer transactions but steady market activity.
On the bright side, the median sale price climbed to $220,000, up from $193,900 a year earlier. Homes sold fast, typically spending just 3 days on the market and closing at full list price, showing buyers are ready to act quickly when they find the right home.
ACTIVE LISTINGS ON THE RISE IN SHAWNEE COUNTY
By the end of July, the number of active listings grew to 162, up from 132 last year. This gives buyers a bit more choice, with a 0.9 months’ supply of homes available.
The median list price stood at $278,200, suggesting sellers are confident in the current market. Whether you’re looking to buy or sell in Topeka, Team Ringgold is here to help you make the best decisions.
CONTRACTS & MARKET ACTIVITY
July brought 195 new contracts, down from 228 in 2022. Still, 212 contracts remained pending at month’s end, signaling continued interest and steady momentum in the market.
Need help navigating today’s market?
Team Ringgold provides trusted advice and deep local expertise to help you succeed in the Shawnee County real estate market. Contact us today to get started.
