The prices in real estate in Lenexa, in the Kansas region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Lenexa has increased strongly during the last 6 months. In November, the average price per sq.feet was $154. In the following month the price per sq.feet increased to $164. In the following two months the price per sq.feet has increased 106 %, going from $159 to $169 per sq.feet. The price per sq.feet has had a considerable increase of 227 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $164 to $373 during March, and April.
Based upon to the price in Lenexa (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $491,440. In December This price remains at $496,994. During the following two months (January, February) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $593,574 they are 58 % more affordable than the average price for Lenexa. The properties with the lowest average price have 1 bedroom, Their price is 57 % cheaper than the average. After that we have properties with 4 bedrooms priced at $248,243.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $820 / sq.feet, with an average $571 / sq.feet price in Lenexa. The properties with the highest average prices have 4 bedrooms. They are 100 % more expensive than the average followed by properties with 1 bedroom with a price at $820 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $593,574 it is 61 % cheaper than the average price in Lenexa. "Office" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $246,754 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Office" at an average cost of $1,118 / sq.feet followed by "Condo" priced at $1,128 / sq.feet. "House" is the most costly type of property with a $2,736 / sq.feet cost followed by "Apartment" with an average price of $1,140 / sq.feet.