Lenexa Kansas Real Estate Update – August 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 KS Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
51 $257,589
Total Active Listings
351
Newest Contracts Written
32 $259,014 67
Newest Sold (Closed)
20 $251,250 112

* 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 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 8.8 months of inventory on the market.  It’s clearly still a buyer’s market in Lenexa Kansas and with more than twice as many homes listed (51) as sold (20) over the past 15 days, there’s more inventory now on the market for buyers to consider.

Looking at 15 days of market stats is a small snap shot of Lenexa Kansas real estate activity. Market conditions vary greatly from one subdivision to another, so don’t take these Lenexa Kansas statistics to be indicative of all communities in the city. If you are considering buying or selling a home in Lenexa, I’d look forward to assisting you. I live in Western Lenexa and would look forward to assisting you in moving to or from the area.

View Past Lenexa Kansas Real Estate Stats

Lenexa Kansas Buyer’s Agents

Lenexa Kansas Listing Agents

View All Lenexa Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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