Lenexa Kansas Real Estate Update – July 2009

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


City of Lenexa Real Estate Update
Past 15 Days of Lenexa KS Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
38 $275,180
Total Active Listings
317
Newest Contracts Written
35 $254,904 84
Newest Sold (Closed)
33 $255,573 97

* 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 Kansas Real Estate

Lenexa Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Lenexa Kansas, there’s currently 4.17 months of inventory on the market.  This is not bad at all in our current market and is comparable  to what we’re seeing in the city of Overland Park as well.  Lenexa is a great community and one in which I live. It has a quietness to it that’s not found in some cities and that’s what really appeals to my family.

Looking at 15 days of market stats is a small snap shot of Lenexa KS activity. Market conditions also vary greatly from one subdivision to another, so don’t take just a macro look at market activity. Feel free to contact me to obtain detailed market stats on YOUR area.

View Past Lenexa Real Estate Stats

Lenexa Kansas Buyer’s Agents

Lenexa KS Listing Agents

View All Lenexa Homes On Kansas City MLS

Posted by Jason A. Brown

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