Comments Off on Lenexa Kansas Real Estate Market Stats – July 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Lenexa Kansas Real Estate Update
Recent Real Estate Activity In Lenexa Kansas

Using the past 15 days of real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 3.8 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Lenexa. The average sales price the past 15 days was nearly $274,000, while the average new listing came on market at close to $233,000.

Type # Average $ Avg DOM
Listings Past 15 Days 44 $232,708
Total Active Listings 242
Newest Contracts Written 34 $251,296 65
Sold (closed) Past 15 Days 32 $273,960 96

* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.

The last 32 homes sold (closed) in Lenexa were on the market an average of 96 days. We help Lenexa Kansas home buyers and home sellers achieve their real estate goals. If you’re considering purchasing or selling a home the Lenexa Kansas area, my real estate group would look forward to assisting you. Get more details here regarding selling a Lenexa KS home and with buying a Lenexa KS home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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