Lenexa Kansas Real Estate Market Update – April 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 2.8 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Lenexa and it’s the lowest volume of inventory I’ve seen in the city in many years. The average new listing the past 15 days came on the market around $334,000, while the average sales price over the same period was around $264,000.

Type # Average $ Avg DOM
Listings Past 15 Days 37 $333,511
Total Active Listings 143
Newest Contracts Written 40 $255,560 76
Sold (closed) Past 15 Days 26 $264,433 120

* 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 26 homes sold in Lenexa were on the market an average of 120 days. If you are looking to buy or sell a home in Lenexa and have questions about the area or market stats, please contact us for assistance. You can also find detailed information on our website regarding selling a Lenexa Kansas home and buying a Lenexa Kansas home.

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Posted by Jason Brown