Comments Off on Lenexa Kansas Real Estate Market Update – September 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

Using the 26 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $325,000, while the average sales price during the same time period was around $309,000.

Type # Average $ Avg DOM
Listings Past 15 Days 48 $324,590
Total Active Listings 205
Newest Contracts Written 41 $251,315 49
Sold (closed) Past 15 Days 26 $309,326 87

* 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 87 days and the last 41 homes to go under contract were on the market an average of 49 days. We can assist you with buying or selling a home in Lenexa, so please contact us with any questions you have about real estate in the area. If you’re just starting the process, you can find detailed real estate information on our site regarding selling a Lenexa Kansas home and buying a Lenexa Kansas home.

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Posted by Jason Brown


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