Lenexa, KS Real Estate Market Report
Is it a buyer’s, seller’s or neutral real estate market?
September 2016 is a Neutral market in Lenexa, KS*
Home For Sale in September 2016: 244 units.
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Down 5.8% compared to the last month |
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Up 12.4% compared to the last year |
Home Listed in September 2016: 69 units.
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Down 37.8% compared to the last month |
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Down 20.7% compared to the last year |
Home Closed in September 2016: 71 units.
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Down 1.4% compared to the last month |
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Up 4.4% compared to the last year |
Home Placed under Contract in September 2016: 38 units.
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Down 51.3% compared to the last month |
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Down 49.3% compared to the last year |
*Buyer’s market: more than 6 months of inventory based on closed sales
Seller’s market: less than 3 months of inventory based on closed sales
Neutral market: 3 – 6 months of inventory based on closed sales
September 2016 Average Sold Price per Square Footage is Neutral in Lenexa, KS*
Average Sold Price per Square Footage in September 2016:$110
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Down 9.1% compared to the last month |
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Up 1.9% compared to the last year |
*Based on 6 month trend – Appreciating/Depreciating/Neutral
September 2016 Average Days on Market trend is Falling in Lenexa, KS*
Average Days on Market in September 2016: 23
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Down 54% compared to the last month |
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Down 47.7% compared to the last year
*Based on 6 month trend – Rising/Falling/Remains Steady September 2016 is a Neutral market in Lenexa, KS*
Months of Inventory based on Closed Sales in September 2016: 3.4
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Down 5.6% compared to the last month |
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Up 6.3% compared to the last year |
*Buyer’s market: more than 6 months of inventory based on closed sales Seller’s market: less than 3 months of inventory based on closed sales Neutral market: 3 – 6 months of inventory based on closed sales
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