Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Info for The City of Lenexa KS
Recent 15 Days of Lenexa Kansas Market Activity

After using the past 15 days of market stats below to calculate the absorption rate in Lenexa Kansas, we can determine there’s 10.8 months of inventory on the market. This is high and yet another indication of the buyer’s market we’re seeing. There is a ton of great inventory for buyers to choose from and the average list price of the new homes coming on the market (269,472) is perfectly in line with the average sales price over the same 15-day period in Lenexa.

* 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.

The days on market continues to creep upwards in Lenexa and the 16 homes that sold took more than 6 months to do so. The 18 homes that went under contract were already at 249 days on market, so the stats are trending the wrong way for Lenexa home sellers. Whether buying or selling a home in Lenexa Kansas, it’s more important than ever that you align yourself with a real estate agent who understands what’s going on in our real estate market. Please let me know more about your real estate situation and I’ll get you the market stats specific to the areas that interest you most. I look forward to representing your best interests all the way through the real estate process.

View Past Real Estate Stats On Lenexa Kansas

Buyer’s Agents In Lenexa Kansas

Seller’s Agents In Lenexa Kansas

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View All Listed Lenexa Kansas Homes For Sale

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Posted by Jason A. Brown