Comments Off on Lenexa Kansas Real Estate Market – November 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 19 homes sold in Lenexa Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 5.7 months of inventory on the market. This amount of inventory indicates a buyer’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $284,000, while the average sales price during the same time period was around $268,000.

Type # Average $ Avg DOM
Listings Past 15 Days 38 $283,730
Total Active Listings 218
Newest Contracts Written 34 $269,354 88
Sold (closed) Past 15 Days 19 $267,882 118

* 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 19 homes sold in Lenexa Kansas were on the market an average of 118 days, while the 34 homes to go under contract during the same time period did so in 88 days on average. We can assist you with buying or selling a home in Lenexa, so contact The Jason Brown Group with all of your area real estate needs. You can also start the process by finding 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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