Lenexa Kansas real estate update for December 2015… Seller’s market breakdown, Search Lenexa homes for sale

Lenexa KS Real Estate Update

There were 18 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing this sales rate to the current 145 homes for sale in Lenexa, the city has 4.0 months of inventory on the market. This amount of real estate inventory indicates a seller’s real estate market in the city of Lenexa. The average new listing the past 15 days in Lenexa Kansas came on the market at a $341,000 list price, while the average sales price during the same time frame was $289,000.

Type # Average $ Avg DOM
Listings Past 15 Days 24 $340,621
Total Active Listings 145
Newest Contracts Written 32 $328,678 77
Sold (closed) Past 15 Days 18 $288,785 60

* 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 18 homes sold in Lenexa Kansas were on the market an average of 60 days, while the last 32 homes to go under contract have done so in 77 days on average. We can help you further assess these market stats and we looking forward to assisting you with buying or selling a Lenexa area home.

We pride ourselves on assisting the average home seller with getting their home sold in 60 days and for 98% of list price. We represent Lenexa home buyer’s best interests throughout the home buying process and can help you find all the area homes that fit your needs. Get detailed information on our site regarding selling a Lenexa Kansas home or buying a Lenexa Kansas home and contact us when it’s time to start the real estate process.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market – July 2014 Update

The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Market Activity In Overland Park KS

Using the 144 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $297,000, while the average sales price during the same time period was around $328,000.

Type # Average $ Avg DOM
Listings Past 15 Days 199 $297,136
Total Active Listings 720
Newest Contracts Written 160 $264,475 45
Sold (closed) Past 15 Days 144 $328,065 50

* 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 144 homes sold in Overland Park Kansas were on the market an average of 50 days, while the 160 homes to go under contract during the same time period did so in 45 days on average. We can assist you with buying or selling a home in Overland Park Kansas, so please contact The Jason Brown Group with all of your Overland Park real estate needs. You can also start the process by finding detailed real estate information on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market Update – November 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Market Activity In Overland Park KS

Using the 72 homes sold (closed) in Overland Park 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 Overland Park. The average new listing the past 15 days came on the market around $256,000, while the average sales price during the same time period was around $297,000.

Type # Average $ Avg DOM
Listings Past 15 Days 102 $255,578
Total Active Listings 571
Newest Contracts Written 102 $252,955 61
Sold (closed) Past 15 Days 72 $297,134 70

* 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 72 homes sold in Overland Park were on the market an average of 70 days, while the last 102 homes to go under contract did so in an even quicker 61 days on average. We can assist you with buying or selling a home in Overland Park, so please contact us with any questions you have about Overland Park Real Estate. You can find detailed real estate information on our site regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market Update – August 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Market Activity In Overland Park KS

Using the 142 homes sold in Overland Park Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.3 months of inventory on the market. This amount of inventory indicates a strong seller’s real estate market in the city of Overland Park. The average new listing the past 15 days came on the market around $296,000, while the average sales price during the same time period was around $273,000.

Type # Average $ Avg DOM
Listings Past 15 Days 183 $296,113
Total Active Listings 639
Newest Contracts Written 167 $266,476 53
Sold (closed) Past 15 Days 142 $272,596 68

* 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 142 homes sold in Overland Park were on the market an average of 68 days. We can assist you with buying or selling a home in Overland Park, 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 an Overland Park Kansas home or with buying an Overland Park Kansas home.

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Posted by Jason Brown

 

Overland Park Kansas Real Estate Market Update – May 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

Overland Park Kansas Real Estate Update
Recent Real Estate Market Activity In Overland Park KS

Looking at the past 15 days of real estate sales activity in the city of Overland Park Kansas and comparing it to the current volume of homes for sale in the city, calculates to 2.9 months of inventory for sale. This amount of inventory indicates a solid seller’s real estate market in the city of Overland Park. The average sales price the past 15 days was nearly $277,000, while the average new listing came on the market around $287,000 during the same time period.

Type # Average $ Avg DOM
Listings Past 15 Days 201 $287,027
Total Active Listings 562
Newest Contracts Written 184 $276,072 54
Sold (closed) Past 15 Days 96 $276,560 71

* 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 96 homes sold in Overland Park were on the market an average of 71 days. We look forward to assisting you with buying or selling a home anywhere in the Overland Park area, so please contact us with any questions you may have. You can also find detailed real estate information on our website regarding selling an Overland Park Kansas home and buying an Overland Park Kansas home.

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Posted by Jason Brown

 

Overland Park KS Real Estate Update – January 2010

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Overland Park Kansas
Recent
15 Days of Overland Park KS Market Activity

This is a tricky time of year to be looking at real estate market stats, but using the past 15 days of market stats in the chart below, we can figure the absorption rate in  Overland Park KS to be 12.5 months of inventory on the market. This is very high but keep in mind that very few real estate closings are typically scheduled during the holiday season. We’ll check these stats again in a few weeks and see how much improvement there is. There was good news to be found in the 35 sales we did see, as the average sales price was almost $13,000 higher than the homes that came on the market over the same period. The average days on market (63) of the homes that sold was very reasonable, however the homes that went under contract were on the market about twice that long (131 days).

Type
#
Average $
Avg DOM
Listings Past 15 Days
52 $247,970
Total Active Listings
880
Newest Contracts Written
43 $235,913 131
Newest Sold (Closed)
35 $261,770 63

* 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.

If you’re considering buying or selling a home in Overland Park Kansas, we’ll want to go over more than just a couple of weeks of market statistics. Let us know more about your specific real estate situation. Doing so will allow us to provide you market statistics relevent to YOUR real estate situation. We look forward to helping you make an informed real estate decision.

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Overland Park Kansas fact…
Home to Sprint Nextel, YRC Worldwide, Embarq, Applebees & Black & Veatch

Posted by Jason A. Brown