Lenexa KS real estate market update ~ January 2022

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 21 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 41 homes currently for sale in Lenexa, the city has 1.0 months of inventory on the market. This volume of real estate inventory indicates a strong real estate market in Lenexa and a shortage of inventory to meet buyer demand. The average new listing the past 15 days in Lenexa Kansas came on the market in the $450’s price range, while the average sales price of homes closed during the same time period was also in the $450’s.

Type # Average $ Avg DOM
Listings Past 15 Days 21 $457,488
Total Active Listings 41
Newest Contracts Written 18 $532,584 73
Sold (closed) Past 15 Days 21 $458,658 30

* 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 21 homes sold in Lenexa Kansas were on the market an average of 30 days, while the most recent 18 homes to go under contract did so in 73 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 provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling a Lenexa home or buying a Lenexa home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Posted by Jason Brown

Lenexa KS real estate update ~ May 2019: Lenexa market stats and home trends

The Jason Brown Group

Lenexa Kansas Real Estate Update

There were 34 homes sold (closed) in Lenexa Kansas the past 15 days. Comparing that sales volume to the 196 homes currently for sale in Lenexa, the city has 2.9 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Lenexa though a longer average days on market could be an indication we’re moving towards a more balance market. The average new listing the past 15 days in Lenexa Kansas came on the market around a $416,000 list price and the average sales price of homes closed during the same time period was nearly $328,000.

Type # Average $ Avg DOM
Listings Past 15 Days 61 $416,241
Total Active Listings 196
Newest Contracts Written 48 $390,166 51
Sold (closed) Past 15 Days 34 $328,132 93

* 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 34 homes sold in Lenexa Kansas were on the market an average of 93 days, while the most recent 48 homes to go under contract did so in 51 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 provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling a Lenexa home or buying a Lenexa home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Posted by Jason Brown

Lenexa Kansas Real Estate Market – September 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 25 homes sold in Lenexa the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.5 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $312,000, while the average sales price during the same time period was around $250,000.

Type # Average $ Avg DOM
Listings Past 15 Days 45 $312,232
Total Active Listings 224
Newest Contracts Written 26 $310,384 67
Sold (closed) Past 15 Days 25 $249,697 87

* 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 25 homes sold in Lenexa Kansas were on the market an average of 87 days, while the 26 homes to go under contract during the same time period did so in 67 days on average. We can assist you with buying or selling a home in Lenexa, so don’t hesitate to contact The Jason Brown Group with all of your Lenexa Kansas 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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Lenexa Kansas Real Estate Update – May 2010

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

Using the past 15 days of Lenexa Kansas market stats in the chart below, there’s currently 5.25 months of inventory on the market in Lenexa. This is decent in our current real estate market. However, it’s the sale prices that are a concern here. The average seller the past 15 days believes their home is worth $365,000 while the average home sold over the same period in Lenexa was around $261,000 — more than a $100,000 difference. The 38 homes that wend Pending had an even lower average list price ($247,672) when they went under contract.

Type
#
Average $
Avg CDOM
Listings Past 15 Days
40 $365,196
Total Active Listings
315
Newest Contracts Written
38 $247,672 169
Newest Sold (Closed)
30 $261,480 187

* 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. CDOM = Continuous Days On Market.

If you’re interested in buying or selling a home in Lenexa Kansas, we’d look forward to assisting you. As your Lenexa Kansas Realtor we’ll get you the market information to make an informed real estate decision. Please let me know how we can assist you with your Lenexa KS real estate needs.

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Posted by Jason A. Brown