Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Lenexa Kansas
Recent 15 Days of Lenexa KS Market Activity
After calculating the absorption rate over the past 15 days in Lenexa Kansas, we can determine there’s currently 14.0 months of inventory on the market. This is very high and a clear indication of the buyer’s market present in Lenexa. A sales pace of less than 20 home sale per month is not going to eat quickly enough into more than 250 homes on the market within the city. There was good news found in the average sales price of around $290,000, which is higher than it has been in a while and even higher than the average listing price over the 15-day period.
|
Type |
# |
Average $ |
Avg DOM |
|
Listings Past 15 Days |
30 | $269,658 |
– |
|
Total Active Listings |
252 |
– |
– |
|
Newest Contracts Written |
18 | $251,572 | 180 |
|
Newest Sold (Closed) |
9 | $290,222 | 231 |
* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.
The days on market is creeping higher and the homes that sold (closed) the past 15 days took 231 days on average to do so. If your real estate goals involve buying or selling a home in Lenexa Kansas, please contact me for assistance. I look forward to guiding you through the process of buying or selling a Lenexa home.
View More Real Estate Stats On Lenexa KS
View All Listed Lenexa Homes For Sale
Lenexa Kansas
Featured Lenexa Kansas Link…
Lenexa Kansas School District Map
Posted by Jason A. Brown
