Lenexa KS real estate update for January 2017… Get details on the Seller’s market & search Lenexa homes for sale

The Jason Brown Group

Lenexa KS Real Estate Update

There were 20 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 140 homes for sale in Lenexa, the city has 3.5 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 $366,000 list price, while the average sales price during the same time frame was nearly $315,000.

Type # Average $ Avg DOM
Listings Past 15 Days 16 $365,777
Total Active Listings 140
Newest Contracts Written 14 $319,298 87
Sold (closed) Past 15 Days 20 $315,195 78

* 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 20 homes sold in Lenexa Kansas were on the market an average of 78 days, while the last 14 homes to go under contract did so in 87 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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Additional Real Estate Market Stats

Lenexa Listing Agents

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Posted by Jason Brown

 

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

The Jason Brown Group

Lenexa KS Real Estate Update

There were 23 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 29 homes for sale in Lenexa, the city has 3.5 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 $313,000 list price, while the average sales price during the same time frame was nearly $283,000.

Type # Average $ Avg DOM
Listings Past 15 Days 29 $312,960
Total Active Listings 162
Newest Contracts Written 21 $283,860 54
Sold (closed) Past 15 Days 23 $283,235 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 23 homes sold in Lenexa Kansas were on the market an average of 74 days, while the last 21 homes to go under contract did so in 54 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

View All Lenexa Homes For Sale

Additional Real Estate Market Stats

Lenexa Listing Agents

Lenexa Buyer’s Agents

Posted by Jason Brown

 

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

View All Lenexa Homes For Sale

Additional Real Estate Market Stats

Lenexa Listing Agents

Lenexa Buyer’s Agents

Posted by Jason Brown

 

Kansas Home Sales Prices Continue To Rise Despite Dip In Home Sales Volume

Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtor market stats, covering home sale activity for Kansas during November, indicate home sales volume fell 7.1%. This slow down comes after a 3.5% increase in homes sales at last month’s check. The fall in home sales should not come as too big of a surprise however given how hot the market at this time last winter, which is what our current market is being compared against.

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Overall in the state of Kansas, we remain in a balanced real estate market with 5.8 months of inventory on the market. This is up slightly from last months 5.5 months of inventory. While home sales volume fell this month, average home sale prices continue to rise. Compared to last November, home sales prices increased 11.3%, which follows up last month’s 8.4% increase.  

Locally in the Johnson County Kansas, a seller’s real estate market continues with 578 homes sold (closed) during the past month. Compared to the current volume of homes for sale in Johnson County Kansas, we have 3.2 months of inventory currently for sale.

CONTACT THE JASON BROWN GROUP ABOUT BUYING OR SELLING A HOME IN KANSAS CITY, JOHNSON COUNTY KS, OVERLAND PARK OR THE SURROUNDING AREA


Posted by Jason Brown

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Home Prices Show Signs Of Stabilizing In Kansas Despite Significant Drop In Volume Of Sales

Checking The Pulse Of The Kansas City Real Estate Market

The recent Kansas Association of Realtors (KAR) report on February’s real estate market indicates both the volume of home sales and average sales prices are trending down in the state. Overall in the state of Kansas, home sales (closings) fell 7.7% in February 2011 compared with February of 2010. This is vastly different from the 5% rise in average sales price we saw in last months’ report. Home prices did stabilize though and the 1.8% drop in sales prices was much improved after last month’s report which showed an 8% fall in home prices. Compared to the 5.2% national drop in home prices, Kansas appears much more stable than other U.S. markets.

There’s currently 11.7 months of inventory on the market in the state of Kansas, which is almost 1.5 months less than in last month’s report. Looking closely at our local market in Johnson County Kansas, 351 homes were sold (closed) in February. This was just slightly less than the 369 home sales in Johnson County in February 2010. Comparing this February’s sales rate  (adjusting for the short month) to the 3,786 Johnson County Kansas homes for sale, there’s 9.2 months of inventory available. This indicates a buyer’s real estate market in Johnson County Kansas and presents first time home buyers, move-up buyers and buyers considering a lateral move with an excellent opportunity to explore their options.

Posted by Jason A. Brown

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