Tag Archives: Lenexa Kansas Real Estate

Lenexa Kansas Real Estate Market Update – December 2013 Update

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

Using the 21 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.4 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 $270,000, while the average sales price during the same time period was around $237,000.

Type # Average $ Avg DOM
Listings Past 15 Days 15 $269,862 —
Total Active Listings 183 — —
Newest Contracts Written 21 $244,596 74
Sold (closed) Past 15 Days 21 $236,615 67

* 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 (closed) in Lenexa were on the market an average of 67 days, while the last 21 homes to go under contract did so in 74 days on average. We can assist you with buying or selling a home in Lenexa and the surrounding area, 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 a Lenexa Kansas home or buying a Lenexa Kansas home.

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Lenexa Kansas Real Estate Market Update – November 2013 Update

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

Using the 25 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Lenexa Kansas. The average new listing the past 15 days came on the market around $253,000, while the average sales price during the same time period was around $291,000.

Type # Average $ Avg DOM
Listings Past 15 Days 38 $252,957 —
Total Active Listings 197 — —
Newest Contracts Written 30 $254,494 66
Sold (closed) Past 15 Days 25 $291,091 72

* 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 25 homes sold in Lenexa were on the market an average of 72 days and the last 30 homes to go under contract were on the market and average of 66 days. 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 Lenexa Kansas area. 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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Kansas City Real Estate Trends And Lifestyles… October 2013

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Lenexa Kansas Real Estate Market Update – September 2013 Update

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

Using the 26 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.9 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 $325,000, while the average sales price during the same time period was around $309,000.

Type # Average $ Avg DOM
Listings Past 15 Days 48 $324,590 —
Total Active Listings 205 — —
Newest Contracts Written 41 $251,315 49
Sold (closed) Past 15 Days 26 $309,326 87

* 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 87 days and the last 41 homes to go under contract were on the market an average of 49 days. 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. If you’re just starting the process, you can find detailed real estate information on our site regarding selling a Lenexa Kansas home and buying a Lenexa Kansas home.

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Posted by Jason Brown

 

Lenexa Kansas Real Estate Market Update – July 2013 Update

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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.

Lenexa Kansas Real Estate Information

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Posted by Jason Brown

 

Lenexa Kansas Real Estate Market Update – January 2013 Update

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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 6.2 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Lenexa. The last 14 homes homes sold (closed) in Lenexa Kansas were on the market an average of 73 days and had an average sales price of more than $382,000.

Type # Average $ Avg DOM
Listings Past 15 Days 23 $295,453 —
Total Active Listings 174 — —
Newest Contracts Written 19 $214,847 118
Sold (closed) Past 15 Days 14 $382,449 73

* 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 new listing the past 15 days in Lenexa came on the market at more than $382,000. My group can help you through the process of buying or selling a home in Lenexa Kansas, so let us know more about your real estate situation. You can find more details here regarding Lenexa Kansas listing agent services and Lenexa Kansas buyer’s agent services. Contact us with questions.

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Posted by Jason Brown

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Real Estate Market Is Balanced Statewide, While Locally In Johnson County We’re In A Seller’s Market

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The most recently released real estate market stats for the state of Kansas show further improvements in average sales prices and volume of home sold across the state. Home sales rose 0.2% in September compared with September 2011 and the modest increase follows up last month’s impressive 12.3% increase in volume of homes sold.

Average home sales price rose 6.6% compared to September of last year. This is a huge jump in sales prices and follows up a 3.8% improvement last month. Comparing September sales rate against the volume of homes for sale, there’s 6.5 months of inventory on the market. The stats a month ago showed Kansas with 5.2 months of real estate inventory. Both represent a balanced real estate market in the state of Kansas and that makes seven straight months that Kansas has been in a balanced market. The recent increase in months of inventory is worth keeping an eye on as this months jump in inventory nearly pushed the state out of a balanced real estate market and into a buyer’s market.

The local real estate market here in Johnson County KS is exceptionally strong. Home sales have remained firm while new listings have hit the market at a reasonable pace in recent months. In September there were 662 homes sold and using that sales rate (compared to the current volume of homes for sale in Johnson County Kansas), there’s 3.9 months of inventory on the market. This is a jump from last months 3.0 months of inventory yet still indicates a continuation of the buyer’s market in Johnson County Kansas.  


Posted by Jason Brown

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Improving National Home Sale Prices Are More Good News For The Kansas City Real Estate Market

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Across the U.S., home sale prices rose 3.8% in July and further improvement is anticipated when August’s stats are released, according to CoreLogic. The 3.8% improvement in July (compared to July 2011) is the largest yearly increase in more than 6 years. This is more great housing news for homeowners, who are looking to make continued gains in a real estate market that’s still more than 1/4 off 2006 peak values nationally. 

On a side note, it’s interesting to see which U.S. housing markets are doing the best and the states with the largest appreciation the past year are Arizona, Idaho, Utah, South Dakota and Colorado. Arizona is an interesting one on this list since it was one of the five states hit the hardest by the real estate downturn. Home values in Arizona have appreciated an impressive 16% the past year, a figure that’s still down nearly 43% from 2006 peak values.


Posted by Jason Brown

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Lenexa Kansas Real Estate Market Update – January 2012

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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 8.8 months of inventory currently on the market. This amount of inventory is considered a buyer’s real estate market. The average sales price the past 15 days in the city of Lenexa was about $198,000 while the average new listing came on the market around $325,000. The last 12 homes that sold (closed) in Lenexa were on the market an average of 196 days.

Type # Average $ Avg DOM
Listings Past 15 Days 24 $324,523 –
Total Active Listings 211 – –
Newest Contracts Written 10 $193,585 187
Newest Sold (Closed) 12 $197,542 196

* 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.

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 or with buying a Lenexa KS home. Please contact us with any questions you may have and we look forward to assisting you.

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Posted by Jason Brown

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Lenexa Kansas Real Estate Update – March 2011

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

After calculating the absorption rate the past 15 days in Lenexa Kansas and comparing it to the 259 homes for sale in Shawnee, we find there’s 8.9 months of inventory on the market. This is high but not unusual in our current real estate market. This amount of inventory represents a buyer’s market in Lenexa. The number of homes that went under contract during the same 15-day period was only slightly better and the sales pace will need to pick up as we head into March to eat into the current inventory.

Type

#

Average $

Avg DOM

Listings Past 15 Days

 40 $305,695

–

Total Active Listings

 259

–

–

Newest Contracts Written

 18 $237,861 149

Newest Sold (Closed)

 14 $210,654 228

* 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 average list price (around $306,000) compared to the average sales price (around $211,000) is a legitimate concern. Keep in mind that market stats can change quickly and we’re looking at a 15-day market snap shot. We look forward to getting you the information you need to make an informed real estate decision. Please let me know how we can assist you with buying or selling a Lenexa area home.

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Posted by Jason A. Brown

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