Lenexa Kansas Real Estate Market Update – February 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Lenexa Kansas and comparing it to the current volume of homes for sale in Lenexa, we find there’s 7.4 months of inventory in the city. This amount of inventory indicates a slight buyer’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $358,000, while the average sales price during the same period was around $201,000.

Type # Average $ Avg DOM
Listings Past 15 Days 24 $357,648
Total Active Listings 162
Newest Contracts Written 30 $269,931 96
Sold (closed) Past 15 Days 11 $200,552 124

* 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 30 homes to go under contract had a solid average sales price nearly $270,000 and went under contract in 124 days on average. Whether your plans involve buyer or selling a home in Lenexa, we can help. Please contact us with any real estate questions you may have and find more details here regarding selling a Lenexa Kansas home and with buying a Lenexa Kansas home.

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Posted by Jason Brown