Checking The Pulse Of The Kansas City Real Estate Market
Falcon Ridge Subdivision Real Estate Stats
A Lenexa KS Home Community
The Falcon Ridge market stats dating back a year to October 2011 reflect 36 homes listed for sale and 23 homes Sold (closed) during the year period. The average sales price in Falcon Ridge was $455,236 and the subdivision had sales prices ranging from $285,000 to $700,000 over the 12-month period.
Comparing the 19 Active homes for sale in Falcon Ridge to the demand for homes the past year in the community, there’s 9.9 months of inventory on the market. This amount of inventory indicates a buyer’s real estate market in the Falcon Ridge area. The average current list price of $542,426 is higher than the average sales price ($542,236) the past 12 months in the subdivision. Falcon Ridge is a popular Lenexa Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to K-10, K-7 and I-435 highways in Lenexa.
Falcon Ridge is located in western Lenexa Kansas and served by the Olathe School District. There’s approximately 180 homes in Falcon Ridge and most of the homes in the community were built from 1997 to 2007. If your plans include buying or selling a home in Falcon Ridge or in one of the surrounding areas of Lenexa Kansas, my real estate group is ready to assist you through the process.
Posted by Jason Brown