Falcon Ridge Subdivision Market Update ~ Falcon Ridge Homes In Lenexa KS

Checking The Pulse Of The Kansas City Real Estate Market

Falcon Ridge Real Estate Market Stats
Falcon Ridge Is A Subdivision In Lenexa KS

Looking over the Falcon Ridge market statistics dating back a year to August 2009, 44 homes were put on the market and 27 homes were sold over the same year period. The average sales price in Falcon Ridge was $442,589 and the subdivision saw a price range variance of $320,000 to $650,000.

Comparing the 22 Active listings in Falcon Ridge to the 12-month sales rate in the community, there’s 9.8 months of inventory currently on the market. There is a lot of inventory for home buyers to choose from and this is typical for the price range and our current real estate market. The average current list price of $585,982 is significantly higher than the average sales price the last year in the community. Falcon Ridge is a popular Lenexa Kansas home community and located near parks, shopping and dining amenities and near access to K-10 and K-7 Highways in Lenexa.

Falcon Ridge In Lenexa Kansas

Falcon Ridge In Lenexa Kansas

Falcon Ridge is located in western Lenexa Kansas and is served by the Olathe School District. Many of the homes in the home community were built from 1996 through 2009. If you’re considering buying or selling a home in Falcon Ridge or another area of Lenexa Kansas, please contact me for assistance.

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Posted by Jason A. Brown