Lenexa Kansas real estate market update ~ November 2022

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 26 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 112 homes currently for sale in Lenexa, the city has 2.2 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Lenexa and a shortage of inventory to meet home buyer demand. The average new listing the past 15 days in Lenexa Kansas came on the market in the $450’s price range, while the average sales price of homes closed during the same time period was in the $510’s.

Type # Average $ Avg DOM
Listings Past 15 Days 20 $458,290
Total Active Listings 112
Newest Contracts Written 26 $405,695 31
Sold (closed) Past 15 Days 26 $510,647 42

* 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 26 homes sold in Lenexa Kansas were on the market an average of 42 days, while the most recent 26 homes to go under contract did so in 31 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, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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!

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Posted by Jason Brown