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 11.0 months of inventory currently on the market. This amount of inventory indicates it’s a clear buyer’s market in the city of Lenexa. The sales pace needs to pick up to eat into the 286 homes for sale in the city. The average sales price of the last 13 homes to sell in Lenexa had an average sales price around $197,000, while the average new listing came on the market at close to $287,000.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 34 | $286,517 | – |
| Total Active Listings | 286 | – | – |
| Newest Contracts Written | 24 | $249,937 | 125 |
| Newest Sold (Closed) | 13 | $197,096 | 163 |
* 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 homes that sold (closed) the past 15 days in Lenexa took an average of 163 days to do so. If you’re making plans to buy or sell a home in Lenexa Kansas, we have Lenexa real estate experts to guide you through the buying or selling process. Here’s information on how we can assist you with selling your Lenexa area home or with buying a Lenexa area home. Contact us with any questions you may have and we look forward to guiding you through the real estate process.
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Posted by Jason Brown
