Lenexa Kansas real estate insider ~ January 2019: Details on the balanced market & Homes for sale in Lenexa

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 11 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 169 homes currently for sale in Lenexa, the city has 7.7 months of inventory on the market. This volume of real estate inventory is a jump from what we’ve seen in recent years. The holiday season is likely playing a role in the rise in months of inventory on the market and we’ll see how things look at our next update. The average new listing the past 15 days in Lenexa Kansas came on the market around a $242,000 list price and the average sales price during the same time period was nearly $270,000.

Type # Average $ Avg DOM
Listings Past 15 Days 15 $241,975
Total Active Listings 169
Newest Contracts Written 19 $322,876 74
Sold (closed) Past 15 Days 11 $270,145 84

* 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 11 homes sold in Lenexa Kansas were on the market an average of 84 days, while the more recent 19 homes to go under contract did so in 74 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, currently getting the majority of our listings under contract quickly and for nearly 100% 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