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

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 6.1 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Lenexa. The homes sold (closed) in Lenexa the past 15 days had an average sales price of more than $254,000, while the average new listing came on the market at more than $279,000.

Type # Average $ Avg DOM
Listings Past 15 Days 33 $279,311
Total Active Listings 207
Newest Contracts Written 24 $249,035 134
Sold (closed) Past 15 Days 17 $254,225 68

* 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 17 homes sold in Lenexa Kansas were on the market an average of 68 days. If you’re in the market to buy or sell a home in Lenexa Kansas, my real estate group can help you through the process. Get  details here regarding selling a Lenexa Kansas home and with buying a Lenexa Kansas home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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