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 7.7 months of inventory currently on the market. This amount of inventory is considered a buyer’s market. But keep on eye on the solid number of homes that went under contract during the same time period. If we were to figure the absorption rate using the 36 homes that went under contract (assuming they’ll all close), there’s 3.2 months of inventory on the market.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 35 | $269,196 | – |
| Total Active Listings | 230 | – | – |
| Newest Contracts Written | 36 | $250,595 | 111 |
| Newest Sold (Closed) | 15 | $248,613 | 184 |
* 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 15 homes sold (closed) in Lenexa took an average of 184 days to close. The average sales price of those homes was nearly $249,000, while the average new listing the past 15 days in Lenexa came on the market around $269,000. 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.
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Posted by Jason Brown
