Tag Archives: Lenexa KS Homes For Sale

Lenexa Kansas Real Estate Market Stats – July 2012 Update

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Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of real estate sales activity in Lenexa Kansas to calculate the city’s absorption rate, we find there’s 3.8 months of inventory currently on the market. This amount of inventory is considered a seller’s real estate market in the city of Lenexa. The average sales price the past 15 days was nearly $274,000, while the average new listing came on market at close to $233,000.

Type # Average $ Avg DOM
Listings Past 15 Days 44 $232,708 —
Total Active Listings 242 — —
Newest Contracts Written 34 $251,296 65
Sold (closed) Past 15 Days 32 $273,960 96

* 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 32 homes sold (closed) in Lenexa were on the market an average of 96 days. We help Lenexa Kansas home buyers and home sellers achieve their real estate goals. If you’re considering purchasing or selling a home the Lenexa Kansas area, my real estate group would look forward to assisting you. Get more details here regarding selling a Lenexa KS home and with buying a Lenexa KS home. If you have specific questions, please contact us for assistance.

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Posted by Jason Brown

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Lenexa Kansas Real Estate Update – July 2011

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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 7.3 months of inventory currently on the market. While still a buyer’s market in Lenexa, 7.3 months of inventory is quite an improvement over the 11.1 months of inventory when we took a look at Lenexa’s June market stats.

Type # Average $ Avg DOM
Listings Past 15 Days 35 $278,262 –
Total Active Listings 321 – –
Newest Contracts Written 36 $253,695 148
Newest Sold (Closed) 22 $227,439 69

* 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’re exploring the possibility of buying or selling a home in Lenexa, please contact us to discuss your situation. Here’s additional information on how we can assist you with selling your Lenexa home or with buying a Lenexa home. Please contact us with questions.

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Posted by Jason Brown

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Lenexa Kansas Real Estate Update – October 2010

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Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Lenexa
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 20.1 months of inventory on the market. This isn’t a misprint and seeing just 8 homes Sold (closed) throughout the city of Lenexa over the past 15 days is concerning. That’s less than one home closing every two days. At that pace, it’s going to take some time to eat up a current inventory of 335 homes for sale in Lenexa.

Type

#

Average $

Avg DOM

Listings Past 15 Days

 34 $245,600

–

Total Active Listings

 335

–

–

Newest Contracts Written

 17 $263,729 130

Newest Sold (Closed)

 8 $284,806 261

* 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.

Of course the market can change quickly and we’re only looking at the past 15 days of market stats.  Also consider that 17 homes went under contract over the same period. If those had all been closings rather than just contracts written, the months of inventory would be closer to 10 months. So let’s hope all those do end up making it to the closing table. Irregardless, it’s clearly a buyer’s market in the city of Lenexa. Whether buying or selling, you’ll want a local expert who understands our current market conditions so they can proper guide you through the process. Please let me know more about your real estate goals and we look forward to helping you achieve them.

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Posted by Jason A. Brown

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Falcon Valley Market Statistics * Falcon Valley Homes For Sale In Lenexa KS

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Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market

Falcon Valley Subdivision Market Statistics
Falcon Valley Is A Lenexa Kansas Home Community

Going back to July 2008 and looking at about a full year’s worth of market stats in Falcon Valley, there were 28 homes listed for sale. 11 homes were sold and home sale prices in Falcon Valley ranged from $210,000 to $554,064 with an average sales price of $397,090.

Stats pulled from Heartland MLS & deemed reliable but not guaranteed; Check the post date for relevancy; Stats cover approximately 12 months of market activity.

Comparing the current rate of sales over the past year to the 14 Active listings in  Falcon Valley, there’s a little over 15 months of inventory on the market. The average current list price in Falcon Valley is $490,114 and  quite a bit higher than the average sales price over the past year. Falcon Valley is a great Western Lenexa community in a growing area of western Johnson County KS.

Falcon Valley In Lenexa Kansas

Falcon Valley In Lenexa Kansas

If you’re considering a move and would like to discuss these Falcon Valley market stats and your specific situation, I look forward to speaking with you. When representing our client’s best interests, we dig in deep to analyze past market stats, current market stats, prevalent market conditions and, most importantly, our client’s needs.

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Posted by Jason A. Brown

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