Lenexa Kansas Real Estate Market – June 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 26 homes sold in Lenexa 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 Lenexa. The average new listing the past 15 days came on the market around $279,000, while the average sales price during the same time period was around $267,000.

Type # Average $ Avg DOM
Listings Past 15 Days 48 $279,150
Total Active Listings 181
Newest Contracts Written 48 $250,859 73
Sold (closed) Past 15 Days 26 $266,929 74

* 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 were on the market an average of 74 days, while the 48 homes to go under contract during the same time period did so in 73 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 area 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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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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Lenexa Kansas Real Estate Market Update – February 2014 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Using the 13 homes sold in Lenexa Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 6.5 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $326,000, while the average sales price during the same time period was around $246,000.

Type # Average $ Avg DOM
Listings Past 15 Days 27 $326,311
Total Active Listings 169
Newest Contracts Written 32 $277,590 93
Sold (closed) Past 15 Days 13 $245,913 47

* 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 13 homes sold in Lenexa were on the market an average of 47 days, while the last 32 homes to go under contract in Lenexa were on the market 93 days on average. We can assist you with buying or selling a home in Lenexa Kansas, so please contact The Jason Brown Group with any area real estate questions you may have. You can also start the process by finding detailed real estate information on our site regarding selling a Lenexa Kansas home and with buying a Lenexa Kansas home.

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Lenexa Kansas Real Estate Market Update – July 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Lenexa Kansas and comparing it to the current volume of homes for sale in Lenexa, we find there’s 2.5 months of inventory in the city. 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 $283,000, while the average sales price during the same period was around $265,000.

Type # Average $ Avg DOM
Listings Past 15 Days 46 $282,988
Total Active Listings 173
Newest Contracts Written 36 $250,173 74
Sold (closed) Past 15 Days 35 $265,487 80

* 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 35 homes sold (closed) in Lenexa were on the market an average of 80 days. We can assist you with buying or selling a home in Lenexa, so please contact us with any real estate questions you may have about the area. You can also start the process by finding detailed real estate info on our website regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home.

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Lenexa Kansas Real Estate Market Update – May 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Comparing the sales rate in Lenexa Kansas the past 15 days to the volume of homes currently for sale in the city tells us there’s 2.9 months of inventory in the city. This amount of inventory indicates a solid seller’s real estate market in the city of Lenexa. The pending stats the past 15 days in Lenexa were even more impressive than the sold stats, which means a strong seller’s market is likely to continue in the coming months.

Type # Average $ Avg DOM
Listings Past 15 Days 50 $284,671
Total Active Listings 155
Newest Contracts Written 53 $275,047 64
Sold (closed) Past 15 Days 27 $224,861 75

* 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 sales price the past 15 days in Lenexa was nearly $225,000 and the average new listing had a list price of nearly $285,000.  The last 27 homes sold (closed) in Lenexa were on the market an average of 75 days. Whether your plans involved buying or selling a home in Lenexa, we can help you through the process. Please contact us with any real estate questions you may have and find more details on our website regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home.

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Lenexa Kansas Real Estate Market Stats – June 2012 Update

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 real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 5.9 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Lenexa. The average sales price of the homes sold (closed) the past 15 days in Lenexa was nearly $255,000 and the average new listing came on the market at virtually the same price.

Type # Average $ Avg DOM
Listings Past 15 Days 43 $254,898
Total Active Listings 246
Newest Contracts Written 35 $264,837 74
Sold (closed) Past 15 Days 21 $254,644 134

* 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 21 homes sold in Lenexa were on the market an average of 134 days, while the last 34 homes to go under contract did so in a much quicker average of 74 days. We help Lenexa Kansas home buyers and home sellers and if you’re considering purchasing or selling a home the Lenexa area, my group can provide you expert guidance through the real estate process. Get more details here regarding selling a Lenexa home or buying a Lenexa Kansas home. If you have specific questions, please contact us for assistance.

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Lenexa Kansas Real Estate Market Stats – May 2012 Update

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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Lenexa Kansas Real Estate Market Update – March 2012

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 5.7 months of inventory currently on the market. This amount of inventory is considered a slight buyer’s market and shows a continued improvement in the months of inventory on the market in Lenexa Kansas. The average sales price the past 15 days was around $245,000, while the average new listing came on the market at nearly $272,000.

Type # Average $ Avg DOM
Listings Past 15 Days 41 $262,972
Total Active Listings 218
Newest Contracts Written 28 $207,241 122
Newest Sold (Closed) 19 $245,303 299

* 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 19 homes sold (closed) in Lenexa took about 10 months to sell and that’s a concern. But the 28 most recent homes to go under contract did so in a much improved 122 days, giving hope for shorter time on the market for Lenexa home sellers. If you are making plans to buy or sell a home in Lenexa Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Lenexa KS home and with buying a Lenexa KS home. Please contact us with any questions you may have. My group looks forward to providing you expert representation through the real estate process.

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Lenexa Kansas Real Estate Update – January 2011

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Lenexa Kansas
Recent
15 Days of Lenexa KS Market Activity

After calculating the absorption rate over the past 15 days in Lenexa Kansas, we can determine there’s currently 14.0 months of inventory on the market. This is very high and a clear indication of the buyer’s market present in Lenexa. A sales pace of less than 20 home sale per month is not going to eat quickly enough into more than 250 homes on the market within the city. There was good news found in the average sales price of around $290,000, which is higher than it has been in a while and even higher than the average listing price over the 15-day period.

Type

#

Average $

Avg DOM

Listings Past 15 Days

30 $269,658

Total Active Listings

252

Newest Contracts Written

18 $251,572 180

Newest Sold (Closed)

9 $290,222 231

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

The days on market is creeping higher and the homes that sold (closed) the past 15 days took 231 days on average to do so. If your real estate goals involve buying or selling a home in Lenexa Kansas, please contact me for assistance. I look forward to guiding you through the process of buying or selling a Lenexa home.

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Lenexa Kansas Real Estate Update – May 2010

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Lenexa KS
Recent
15 Days of Lenexa Kansas Market Activity

Using the past 15 days of Lenexa Kansas market stats in the chart below, there’s currently 5.25 months of inventory on the market in Lenexa. This is decent in our current real estate market. However, it’s the sale prices that are a concern here. The average seller the past 15 days believes their home is worth $365,000 while the average home sold over the same period in Lenexa was around $261,000 — more than a $100,000 difference. The 38 homes that wend Pending had an even lower average list price ($247,672) when they went under contract.

Type
#
Average $
Avg CDOM
Listings Past 15 Days
40 $365,196
Total Active Listings
315
Newest Contracts Written
38 $247,672 169
Newest Sold (Closed)
30 $261,480 187

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. CDOM = Continuous Days On Market.

If you’re interested in buying or selling a home in Lenexa Kansas, we’d look forward to assisting you. As your Lenexa Kansas Realtor we’ll get you the market information to make an informed real estate decision. Please let me know how we can assist you with your Lenexa KS real estate needs.

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