Comments Off on Lenexa Kansas Real Estate Market Update – December 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 21 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.4 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 $270,000, while the average sales price during the same time period was around $237,000.

Type # Average $ Avg DOM
Listings Past 15 Days 15 $269,862
Total Active Listings 183
Newest Contracts Written 21 $244,596 74
Sold (closed) Past 15 Days 21 $236,615 67

* 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 21 homes sold (closed) in Lenexa were on the market an average of 67 days, while the last 21 homes to go under contract did so in 74 days on average. We can assist you with buying or selling a home in Lenexa and the surrounding area, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home.

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Posted by Jason Brown

 

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