Lenexa Kansas Real Estate Update
There were 22 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 208 homes currently for sale in Lenexa, the city has 4.7 months of inventory on the market. This volume of real estate inventory indicates a slight seller’s market in Lenexa. These latest stats give the appearance we could be moving into a balanced market in Lenexa, though the slower sales rate is also typical for the time of year. The average new listing the past 15 days in Lenexa Kansas came on the market around a $381,000 list price and the average sales price during the same time period was nearly $361,000.
Type | # | Average $ | Avg DOM |
Listings Past 15 Days | 23 | $380,859 | — |
Total Active Listings | 208 | — | — |
Newest Contracts Written | 16 | $351,956 | 97 |
Sold (closed) Past 15 Days | 22 | $361,115 | 29 |
* 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 last 22 homes sold in Lenexa Kansas were on the market an average of 29 days, while the more recent 16 homes to go under contract did so in 97 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Lenexa Kansas home.
The Jason Brown Group provides expert home seller representation, currently getting the majority of our listings under contract within 2 weeks and for 100% of list price. We provide expert home buyer representation through the real estate process, while helping clients locate the best available area homes for sale. Learn more about how we can help you with selling a Lenexa home or buying a Lenexa home. We look forward to helping you achieve your real estate goals… Contact Jason Brown today!
Posted by Jason Brown