Lenexa Kansas real estate market update ~ March 2020

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 17 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 109 homes currently for sale in Lenexa, the city has 3.2 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Lenexa as we head into spring. The average new listing the past 15 days in Lenexa Kansas came on the market in the $400’s price range, while the average sales price of homes closed during the same time period was in the $390’s.

Type # Average $ Avg DOM
Listings Past 15 Days 51 $408,236
Total Active Listings 109
Newest Contracts Written 44 $397,050 99
Sold (closed) Past 15 Days 17 $399,935 93

* 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 93 days, while the most recent 44 homes to go under contract did so in 99 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, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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

Lenexa KS real estate update – December 2018: Details on the Seller’s market & View all homes for sale in Lenexa

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 22 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 208 homes currently for sale in Lenexa, the city has 4.7 months of inventory on the market. This volume of real estate inventory indicates a slight seller’s market in Lenexa. These latest stats give the appearance we could be moving into a balanced market in Lenexa, though the slower sales rate is also typical for the time of year. The average new listing the past 15 days in Lenexa Kansas came on the market around a $381,000 list price and the average sales price during the same time period was nearly $361,000.

Type # Average $ Avg DOM
Listings Past 15 Days 23 $380,859
Total Active Listings 208
Newest Contracts Written 16 $351,956 97
Sold (closed) Past 15 Days 22 $361,115 29

* 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 22 homes sold in Lenexa Kansas were on the market an average of 29 days, while the more recent 16 homes to go under contract did so in 97 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 within 2 weeks and for 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

Lenexa KS real estate update for July 2016… Get details on the Seller’s market & search Lenexa homes for sale

The Jason Brown Group

Lenexa KS Real Estate Update

There were 39 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 186 homes for sale in Lenexa, the city has 2.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Lenexa. The average new listing the past 15 days in Lenexa Kansas came on the market around a $382,000 list price, while the average sales price during the same time frame was nearly $294,000.

Type # Average $ Avg DOM
Listings Past 15 Days 45 $382,495
Total Active Listings 186
Newest Contracts Written 35 $297,406 54
Sold (closed) Past 15 Days 39 $294,316 66

* 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 39 homes sold in Lenexa Kansas were on the market an average of 66 days, while the last 35 homes to go under contract did so in 54 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

 

Lenexa Kansas Real Estate Market Update – December 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 7.5 months of inventory currently on the market. This amount of inventory is considered a slight buyer’s real estate market in the city of Lenexa. The last 12 homes sold (closed) in Lenexa Kansas were on the market an average of 125 days.

Type # Average $ Avg DOM
Listings Past 15 Days 20 $248,692
Total Active Listings 181
Newest Contracts Written 18 $289,633 86
Sold (closed) Past 15 Days 12 $221,613 125

* 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 average sales price the past 15 days was nearly $222,000, while the average new listing came on the market at close to $249,000. If you are considering buying or selling a home in Lenexa Kansas, we can help you through the process. You can find more details here regarding selling a Lenexa Kansas home or here regarding buying a Lenexa Kansas home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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Lenexa KS Real Estate Update – October 2009

Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market

City of Lenexa Kansas Real Estate Update
Past 15 Days of Lenexa KS Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
34 $238,936
Total Active Listings
301
Newest Contracts Written
31 $232,569 135
Newest Sold (Closed)
21 $230,444 89

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

Lenexa KS Real Estate

Lenexa KS Real Estate

Using these past 15 days of market stats to figure the absorption rate in Lenexa Kansas, there’s currently 7.2 months of inventory on the market. That’s high and an indication that 300+ homes on the market is too much inventory for the 40 sale per month pace this 15-day period puts us on. The average sales prices are in line however, from the average list price ($238,936) to the average sold price over the past 15 days ($230,444).

The average days on market of the sold homes is 89 days and decent in our current market. However it should be noted that the 31 homes that went under contract took an average of 135 days to do so. Also, looking at 15 days of market stats is a small snap shot of local Lenexa Kansas activity. Market conditions can and do vary greatly from one subdivision to another, so be sure you request that your real estate agent give you the market stats of the specific Lenexa home community that interests you.

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Posted by Jason A. Brown

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