Lenexa KS real estate update for November 2016… Get details on the Seller’s market & search Lenexa homes for sale

The Jason Brown Group

Lenexa KS Real Estate Update

There were 42 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 178 homes for sale in Lenexa, the city has 2.1 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Lenexa. The average new listing the past 15 days in Lenexa Kansas came on the market around a $336,000 list price, while the average sales price during the same time frame was nearly $322,000.

Type # Average $ Avg DOM
Listings Past 15 Days 44 $335,898
Total Active Listings 178
Newest Contracts Written 38 $325,253 53
Sold (closed) Past 15 Days 42 $321,975 89

* 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 42 homes sold in Lenexa Kansas were on the market an average of 89 days, while the last 38 homes to go under contract did so in 53 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Lenexa Kansas home.

The Jason Brown Group gives Lenexa home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Lenexa home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Lenexa Kansas home or buying a Lenexa Kansas home and contact us for personal real estate assistance.

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Lenexa KS real estate update for October 2016… Get details on the Seller’s market & search Lenexa homes for sale

The Jason Brown Group

Lenexa KS Real Estate Update

There were 38 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 185 homes for sale in Lenexa, the city has 2.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Lenexa. The average new listing the past 15 days in Lenexa Kansas came on the market around a $321,000 list price, while the average sales price during the same time frame was nearly $299,000.

Type # Average $ Avg DOM
Listings Past 15 Days 41 $320,728
Total Active Listings 185
Newest Contracts Written 37 $299,393 76
Sold (closed) Past 15 Days 38 $298,638 46

* 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 38 homes sold in Lenexa Kansas were on the market an average of 46 days, while the last 37 homes to go under contract did so in 76 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Lenexa Kansas home.

The Jason Brown Group gives Lenexa home sellers powerful representation and we get the majority of our homes sold in 30 days and for nearly 99% of list price. We represent Lenexa home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Lenexa Kansas home or buying a Lenexa Kansas home and contact us for personal real estate assistance.

Lenexa Real Estate Information

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Lenexa KS real estate update for June 2016… Get details on the Seller’s market & search Lenexa homes for sale

The Jason Brown Group

Lenexa KS Real Estate Update

There were 44 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 165 homes for sale in Lenexa, the city has 1.9 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Lenexa. The average new listing the past 15 days in Lenexa Kansas came on the market around a $314,000 list price, while the average sales price during the same time frame was nearly $282,000.

Type # Average $ Avg DOM
Listings Past 15 Days 49 $313,634
Total Active Listings 165
Newest Contracts Written 44 $333,105 93
Sold (closed) Past 15 Days 44 $282,355 33

* 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 44 homes sold in Lenexa Kansas were on the market an average of 33 days, while the last 44 homes to go under contract did so in 93 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling a Lenexa Kansas home.

The Jason Brown Group gives Lenexa home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Lenexa home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling a Lenexa Kansas home or buying a Lenexa Kansas home and contact us for personal real estate assistance.

Lenexa Real Estate Information

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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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Johnson County Kansas Home Sellers Benefit From A Third Straight Month In A Balanced Real Estate Market

Checking The Pulse Of The Kansas City Real Estate Market


The June housing market stats for Kansas have been posted by the local association of Realtors and show continued improvements in both the volume of homes sold and average sales prices. State-wide, home sales rose 8.7% in comparison to June 2011. This follows last month’s huge 13.2% jump.

Average sales prices followed suit, rising 6%. This follows last months 2.8% jump in average sales prices. Using June’s sales rate compared against the volume of homes for sale, there’s 5.1 months of inventory on the market. The stats a month ago showed Kansas with 5.6 months of real estate inventory and Kansas has now been in a balanced real estate market three consecutive months.

The local Johnson County Kansas real estate market has been especially strong. In June there were 991 homes sold. Comparing that sales rate to the current volume of homes for sale in Johnson County Kansas, there’s 3.1 months of inventory on the market. This is an improvement over last months already impressive 3.3 months of inventory on the market. The inventory of homes for sale in Johnson County Kansas is lower than it’s been in more than five years, making this a great time to sell a Johnson County Kansas home. 


Posted by Jason Brown

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Kansas Real Estate Stats Show Increase In Home Sales But Lower Sales Prices

Checking The Pulse Of The Kansas City Real Estate Market


The final December stats were recently released by the Kansas Association of Realtors and it showed mixed results for the state of Kansas real estate market. Home sales rose 2.6% in the state compared to December of 2010 and the increase continues the pattern of eating into the high inventory of homes experienced in recent years. Despite the increased sales rate, home sale prices dropped from $156,161 to $144,613, a 7.4% fall December 2011 over December 2012. There were 15,274 homes for sale in Kansas at the end of December. Compared against the December sales rate of 2,175 homes sold, that’s 7.0 months of inventory on the market.


Locally in Johnson County Kansas, the December stats were much more impressive. 532 homes were sold during the month. Using that sales rate to compare against the roughly 2,800 homes for sale in Johnson County Kansas, there’s 5.3 months of inventory on the market. That’s nearly a balanced real estate market in Johnson County Kansas. Once the supply and demand stabilizes further and the months of inventory gets down to 3 or 4 months, the home buying opportunities we see today will be a thing of the past.


Posted by Jason Brown

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Get Kansas City Real Estate Market Updates Via Twitter

Checking The Pulse Of The Kansas City Real Estate Market

Want to track the Kansas City real estate market with updates via Twitter? We make it easy to keep up with our local real estate market and we provide you with detailed market updates, stats and analysis in a condensed format. We include links to the real estate you decide is important and beneficial to you. We’re constantly working to keep you updated on the real estate markets in Kansas City, Johnson County Kansas, Overland Park, Olathe, Lenexa, Leawood, Shawnee and the surrounding metro areas. So Follow Me on Twitter!


At 700+ tweets and growing, The Jason Brown Group is dedicated to staying on top of the Kansas City real estate and sharing our knowledge of the real estate market with you. The real estate information we provide will help you make the most informed real estate decisions. We don’t spin the market stats and news, we give the same information to you that we want when buying and selling our own homes. In a seller’s market, buyers struggled to get a good deal and in today’s buyer’s market, sellers are struggling to get a good deal. It doesn’t matter whether you’re a buyer or a seller, when it’s time to make a real estate decision, my group looks forward to getting you the best deal in today’s market.


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Johnson County Kansas Real Estate Market Outpacing State Of Kansas Overall Stats

Checking The Pulse Of The Kansas City Real Estate Market

My National Association of Realtors (NAR) report on May’s real estate market stats indicates that home sale fell more than 20% compared to last May. That may seem startling but we were still in the home tax credit era at that time last year, so you’d expect stats from a year ago to be better. NAR points out that May 2011 home stats compare favorably to May 2009 home stats (when there was no tax credit in effect skewing the numbers). The actual sales figures for 2011 compared to 2010 were 2,760 to  3,484 homes sold, respectfully. Nationally home sales fell 15%, May 2011 compared to May 2010.


When we compare the 20,261 homes for sale in Kansas (at the end of May) to the 2,760 homes sold during the month of May, we find there was 7.3 months of inventory on the market in the state of Kansas at the end of May. The average sales price in May of this year was $156,432, which is virtually identical to the $156,521 in May 2010. It’s apparent that Kansas home sellers continue to face a buyer’s market this summer.

Locally in Johnson County Kansas, the market continues to stabilize. 704 homes were sold in Johnson County Kansas this May. Compare that monthly sales rate to the 4,148 homes currently for sale in Johnson County Kansas and we find there’s 5.9 months of inventory in Johnson County. That amount of inventory is considered a stable real estate and could be a very good sign for Johnson County home sellers.


Posted by Jason Brown

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Lenexa Kansas Real Estate Update – June 2011

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 11.1 months of inventory currently on the market. This is a high amount of inventory and it’s clearly a buyer’s market overall in Lenexa Kansas. The average new listing the past 15 days was priced at just over $269,000 while the average sales price over the same period was under $195,000. The sales pace of about 1 sale (closing) per day the past couple of weeks will have to pick up to eat into the 334 homes for sale in Lenexa.

Type # Average $ Avg DOM
Listings Past 15 Days 45 $269,113
Total Active Listings 334
Newest Contracts Written 27 $224,659 151
Newest Sold (Closed) 15 $194,610 264

* 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 days on market of the closed homes was over 8 months but the last 27 homes to go under contract in Lenexa did so in about 5 months time. This is a positive trend for Lenexa home sellers. If you’re 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 area home or with buying a Lenexa area home. Please contact us with any questions you may have and we look forward to assisting you.

Lenexa Kansas Relocation Information

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View Additional Real Estate Stats On Lenexa Kansas

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Posted by Jason Brown

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