Lenexa Kansas Real Estate Market – May 2014 Update

The Pulse Of The Kansas City Real Estate Market

Lenexa Kansas Real Estate Update
Recent Real Estate Market Activity In Lenexa KS

Using the 34 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.7 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $306,000, while the average sales price during the same time period was around $270,000.

Type # Average $ Avg DOM
Listings Past 15 Days 57 $306,001
Total Active Listings 184
Newest Contracts Written 50 $259,180 41
Sold (closed) Past 15 Days 34 $269,913 100

* 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 34 homes sold in Lenexa Kansas were on the market an average of 100 days, while the 50 homes to go under contract during the same time period did so in a much shorter 41 days on average. We can assist you with buying or selling a home in Lenexa Kansas, so please contact The Jason Brown Group with all of your Lenexa real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling a Lenexa Kansas home and buying a Lenexa Kansas home.

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Overland Park Kansas Real Estate Market Update – May 2014 Breakdown

The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Market Activity In Overland Park KS

Using the 103 homes sold in Overland Park the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.0 months of inventory on the market. This amount of inventory indicates a continued seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $322,000, while the average sales price during the same time period was around $297,000.

Type # Average $ Avg DOM
Listings Past 15 Days 236 $321,870
Total Active Listings 617
Newest Contracts Written 185 $291,888 59
Sold (closed) Past 15 Days 103 $296,501 61

* 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 103 homes sold in Overland Park Kansas were on the market an average of 61 days, while the 185 homes to go under contract during the same time period did so in 59 days on average. We can assist you with buying or selling a home in Overland Park, so please contact The Jason Brown Group with all of your Overland Park Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Olathe Kansas Real Estate Market Update – May 2014 Update

The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 98 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $280,000, while the average sales price during the same time period was around $235,000.

Type # Average $ Avg DOM
Listings Past 15 Days 177 $280,375
Total Active Listings 483
Newest Contracts Written 142 $230,651 51
Sold (closed) Past 15 Days 98 $235,223 61

* 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 98 homes sold in Olathe Kansas were on the market an average of 61 days, while the 142 homes to go under contract during the same time period did so in 51 days on average. We can assist you with buying or selling a home in Olathe, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and with buying an Olathe Kansas home.

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Leawood Kansas Real Estate Market Update – May 2014 Update

The Pulse Of The Kansas City Real Estate Market

Leawood Kansas Real Estate Update
Recent Real Estate Market Activity In Leawood KS

Using the 20 homes sold in Leawood the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.0 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Leawood Kansas. The average new listing the past 15 days came on the market around $736,000, while the average sales price during the same time period was around $509,000.

Type # Average $ Avg DOM
Listings Past 15 Days 51 $736,315
Total Active Listings 160
Newest Contracts Written 31 $512,776 61
Sold (closed) Past 15 Days 20 $509,208 63

* 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 20 homes sold in Leawood Kansas were on the market an average of 63 days, while the last 31 homes to go under contract did so in 61 days on average. We can assist you with buying or selling a home in Leawood, so please contact The Jason Brown Group with any questions you have about real estate in the Leawood area. You can also start the process by finding detailed real estate information on our site regarding selling a Leawood Kansas home and with buying a Leawood Kansas home.

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Lenexa Kansas Real Estate Market Update – April 2014 Update

The Pulse Of The Kansas City Real Estate Market

Lenexa Kansas Real Estate Update
Recent Real Estate Market Activity In Lenexa KS

Using the 20 homes sold in Lenexa Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.6 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $351,000, while the average sales price during the same time period was around $283,000. 

Type # Average $ Avg DOM
Listings Past 15 Days 60 $351,899
Total Active Listings 182
Newest Contracts Written 46 $290,617 57
Sold (closed) Past 15 Days 20 $283,396 111

* 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 20 homes sold in Lenexa were on the market an average of 111 days, while the 46 homes to go under contract during the same time period did so in 57 days on average. We can assist you with buying or selling a home in Lenexa, so please contact us with any questions you have about real estate in the area. You can also start the process with our detailed website regarding selling a Lenexa Kansas home and buying a Lenexa Kansas home.

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Mission Kansas Real Estate Market Stats ~ Mission Kansas Homes For Sale

Checking The Pulse Of The Kansas City Real Estate Market

Mission Kansas Real Estate Stats
Mission KS Market Update

The Mission Kansas market stats dating back a year to April 2013 reflect 175 homes Sold (closed) during the past year. The average sales price in Mission Kansas was $155,867 and the city had home sale prices that ranged from $58,000 to $450,000 during the 12-month period.

Mission Kansas Real Estate

Mission Kansas Real Estate

Comparing the 35 Active homes for sale in Mission Kansas to the demand for homes the past year in the city, there’s 2.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the Mission Kansas area. The average current list price of $165,567 is higher than the average sales price the past 12 months in Mission. Mission Kansas features many parks, shopping and dining amenities and provides immediate access to I-35 Highway.

Mission Kansas is located in northeast Johnson County Kansas and is served by the Shawnee Mission School District. If your plans include selling or buying a home in Mission Kansas or in the surrounding Johnson County Kansas area, please let me know group know how we can assist you with your home sale or purchase.

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Overland Park Kansas Real Estate Market Update – April 2014 Update

The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Market Activity In Overland Park KS

Using the 74 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park Kansas. The average new listing the past 15 days came on the market around $321,000, while the average sales price during the same time period was around $271,000.

Type # Average $ Avg DOM
Listings Past 15 Days 187 $321,338
Total Active Listings 520
Newest Contracts Written 189 $278,691 66
Sold (closed) Past 15 Days 74 $270,653 65

* 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 74 homes sold in Overland Park were on the market an average of 65 days and the last 189 homes to go under contract were on the market 66 days on average. The Jason Brown Group can assist you with buying or selling a home in Overland Park Kansas, so please contact us with any questions you have. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home or buying an Overland Park Kansas home.

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Olathe Kansas Real Estate Market Update – April 2014 Update

The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 73 homes sold in Olathe the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.1 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe Kansas. The average new listing the past 15 days came on the market around $248,000, while the average sales price during the same time period was around $225,000.

Type # Average $ Avg DOM
Listings Past 15 Days 177 $247,838
Total Active Listings 447
Newest Contracts Written 147 $230,622 53
Sold (closed) Past 15 Days 73 $224,870 58

* 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 73 homes sold in Olathe Kansas were on the market an average of 58 days, while the last 147 homes to go under contract were on the market 53 days on average. We can assist you with buying or selling a home in Olathe, so please contact us with any questions you have about real estate in the area. You can also find detailed real estate information on our site regarding selling an Olathe Kansas home and with buying a Olathe Kansas home.

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Home Sale Prices In Kansas On The Rise With Supply Of Homes Not Satisfying Home Buyer Demand

Checking The Pulse Of The Kansas City Real Estate Market


The latest market stats from the Kansas Association of Realtors for the month February, shows home sales fell 2.5% state-wide. This fall was related to a shortage of available housing and not due to lessening demand. This decrease follows up a 3.8% rise in the volume of homes sales at our last monthly market update.

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Overall in the state of Kansas, we remain in a balanced real estate market based on the 6.5 months of inventory currently for sale. This is up slightly from the 6.4 months of inventory at last month’s update. Despite the balanced real estate market, home prices in Kansas continue rising and were up 5.8%. This follows up a 2.6% rise in sales prices at our market update last month.

Locally in Johnson County Kansas, a seller’s real estate market continues with 596 homes sold (closed) during the past 30 days. Compared to the current volume of homes for sale in Johnson County Kansas, we have 3.2 months of inventory currently for sale in the county.

CONTACT THE JASON BROWN GROUP ABOUT BUYING OR SELLING A HOME IN KANSAS CITY, JOHNSON COUNTY KS, OVERLAND PARK OR THE SURROUNDING AREA


Posted by Jason Brown

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Merriam Kansas Real Estate Market Stats ~ Homes For Sale In Merriam Kansas

Checking The Pulse Of The Kansas City Real Estate Market

Merriam Kansas Real Estate Stats
Merriam KS Market Update

The Merriam Kansas market stats dating back a year to March 2012 reflect 163 homes Sold (closed) during the year period. The average sales price in Merriam Kansas was $135,339 and the city had home sale prices ranging from $18,500 to $370,000 during the 12-month period.

Merriam Kansas Real Estate

Comparing the 31 Active homes for sale in Merriam Kansas to the demand for homes the past year in the city, there’s 2.3 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in Merriam Kansas. The average current list price of $152,274 is higher than the average sales price the past year in Merriam. The city of Merriam features many parks, shopping and dining amenities and immediate access to I-35 Highway.

Merriam Kansas is located in northeast Johnson County Kansas and is served by the Shawnee Mission School District. If your plans include buying or selling a home in Merriam Kansas or in the surrounding Johnson County Kansas area, please let us know how we can assist you.

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