Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Statistics On Lenexa Kansas
15 Day Glance At The Lenexa KS Real Estate Market
After calculating the absorption rate over the past 15 days in Lenexa Kansas, we find the city has 11.1 months of inventory currently on the market. This is a high amount of inventory and it’s clearly a buyer’s market overall in Lenexa Kansas. The average new listing the past 15 days was priced at just over $269,000 while the average sales price over the same period was under $195,000. The sales pace of about 1 sale (closing) per day the past couple of weeks will have to pick up to eat into the 334 homes for sale in Lenexa.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 45 | $269,113 | – |
| Total Active Listings | 334 | – | – |
| Newest Contracts Written | 27 | $224,659 | 151 |
| Newest Sold (Closed) | 15 | $194,610 | 264 |
* 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 days on market of the closed homes was over 8 months but the last 27 homes to go under contract in Lenexa did so in about 5 months time. This is a positive trend for Lenexa home sellers. If you’re making plans to buy or sell a home in Lenexa Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Lenexa area home or with buying a Lenexa area home. Please contact us with any questions you may have and we look forward to assisting you.
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Posted by Jason Brown
