Comments Off on Lenexa Kansas Real Estate Market Update – May 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

Comparing the sales rate in Lenexa Kansas the past 15 days to the volume of homes currently for sale in the city tells us there’s 2.9 months of inventory in the city. This amount of inventory indicates a solid seller’s real estate market in the city of Lenexa. The pending stats the past 15 days in Lenexa were even more impressive than the sold stats, which means a strong seller’s market is likely to continue in the coming months.

Type # Average $ Avg DOM
Listings Past 15 Days 50 $284,671
Total Active Listings 155
Newest Contracts Written 53 $275,047 64
Sold (closed) Past 15 Days 27 $224,861 75

* 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 average sales price the past 15 days in Lenexa was nearly $225,000 and the average new listing had a list price of nearly $285,000.  The last 27 homes sold (closed) in Lenexa were on the market an average of 75 days. Whether your plans involved buying or selling a home in Lenexa, we can help you through the process. Please contact us with any real estate questions you may have and find more details on our website regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home.

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Posted by Jason Brown


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