Lenexa KS real estate update for March 2016… Get details on the balanced market & search Lenexa homes for sale

The Jason Brown Group

Lenexa KS Real Estate Update

There were 17 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 174 homes for sale in Lenexa, the city has 5.1 months of inventory on the market. This volume of real estate inventory indicates a balanced real estate market in Lenexa. The average new listing the past 15 days in Lenexa Kansas came on the market around a $374,000 list price, while the average sales price during the same time frame was close to $325,000.

Type # Average $ Avg DOM
Listings Past 15 Days 59 $373,810
Total Active Listings 174
Newest Contracts Written 48 $288,618 68
Sold (closed) Past 15 Days 17 $325,465 55

* 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 17 homes sold in Lenexa Kansas were on the market an average of 55 days, while the last 48 homes to go under contract did so in 68 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Lenexa Kansas home.

The Jason Brown Group gives Lenexa home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Lenexa home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Lenexa Kansas home or buying a Lenexa Kansas home and contact us for personal real estate assistance.

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Posted by Jason Brown