Lenexa Kansas real estate update, June 2018: Details on the Seller’s market & the latest Lenexa area listings

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 40 homes sold (closed) in Lenexa Kansas the past 15 days. In comparison to the 187 homes currently for sale in Lenexa, the city has 2.3 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Lenexa and a continuation of what we’ve seen in Lenexa the past few years.  The average new listing the past 15 days in Lenexa Kansas came on the market around a $387,000 list price and the average sales price during the same time period was nearly $349,000.

Type # Average $ Avg DOM
Listings Past 15 Days 67 $387,360
Total Active Listings 187
Newest Contracts Written 56 $323,294 33
Sold (closed) Past 15 Days 40 $349,133 65

* 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 40 homes sold in Lenexa Kansas were on the market an average of 65 days, while the last 56 homes to go under contract did so in 33 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 provides expert home seller representation, getting the majority of our homes under contract the past year in 21 days and sold for 101% of list price. We provide expert home buyer representation through the real estate process, while helping clients locate the best available area homes for sale. Learn more about how we can help you with selling a Lenexa home or buying a Lenexa home. We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Posted by Jason Brown