Checking The Pulse Of The Kansas City Real Estate Market

Falcon Ridge Community Market Stats
Falcon Ridge Is A Subdivision In Lenexa Kansas

Looking over the Falcon Ridge market statistics dating back to November 2008, there were 51 homes put on the market and there were 31 homes sold during that time period. The average sales price in Falcon Ridge was $467,930 and subdivision sale’s prices ranged from $320,000 to $845,000.

Comparing the 22 Active listings in Falcon Ridge to the 12-month sales rate in the community, there’s 8.5 months of inventory on the market at this time. This is obviously high and it’s taking longer to sell homes in Falcon Ridge. The average list price is lower than when we last checked but still higher ($585,695) than the average sales price ($467,930) during the past 12 months in the home community. Falcon Ridge is still a popular Johnson County Kansas subdivision and conveniently located to amenities and highway access (K-7 and K-10) and for those wanting to be reasonably close to down town or the airport.

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 Falcon Ridge were built from the mid 1990’s to 2009, with a few homes in the final phase yet to be occupied. If you are interested buying or selling a Falcon Ridge home, please contact me regarding viewing homes or to discuss your home selling situation.

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Posted by Jason A. Brown