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 sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 4.1 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Lenexa. There was a big gap between average new list price and average sales price the past 15 days. The average new listing in Lenexa came on the market around $285,000, while the average sales price was right at $216,000.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 41 | $285,498 | — |
| Total Active Listings | 259 | — | — |
| Newest Contracts Written | 37 | $229,632 | 129 |
| Sold (closed) Past 15 Days | 32 | $216,004 | 127 |
* 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 home sold (closed) the past 15 days was on the market 127 days. We help Lenexa Kansas home buyers and home sellers and if you’re considering purchasing or selling a home the Lenexa area, my real estate group looks forward to assisting you. Get more details here regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home. If you have specific questions, please contact us for assistance.
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Posted by Jason Brown
