Checking The Pulse Of The Kansas City Real Estate Market
Woodland Reserve Real Estate Market Stats
Woodland Reserve Is A Subdivision In Lenexa KS
Looking over the Woodland Reserve market statistics dating back a year to September 2009, 22 homes were put on the market and 14 homes were sold over the same year period. The average sales price in Woodland Reserve was $525,184 and the subdivision saw sale prices ranging from $371,000 to $730,000.
Comparing the 20 Active listings in Woodland Reserve to the 12-month sales rate in the community, there’s 17.1 months of inventory currently on the market. This is very high even in our current real estate market. There’s still quite a bit of new home inventory to work off in the area before the market stats can stabilize. With 20 total homes on the market, a sales rate the past year of just more than one sale per month will need to pick up. The average current list price of $580,310 is a little higher than the average sales price ($525,184) the past year in the community. Woodland Reserve is a popular Lenexa Kansas subdivision and located near parks, shopping and dining amenities and near access to K-10, K-7 and I-435 Highways in Lenexa.
Woodland Reserve In Lenexa KS
Woodland Reserve is located in western Lenexa Kansas and is served by the Olathe School District. Once completed, Woodland Reserve is platted to have more than 200 homes. Many of the homes in the community were built from 2002 to homes currently under construction. If you’re considering selling your Woodland Reserve home or in buying a home in the Woodland Reserve community, contact us today to have a Lenexa Kansas Realtor provide you expert guidance throughout the process.
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Posted by Jason A. Brown