Checking The Pulse Of The Kansas City Real Estate Market
Falcon Ridge Community Market Stats
Falcon Ridge Is A Subdivision In Lenexa KS
Looking over the Falcon Ridge market stats dating back a year to October 2010, 41 homes were listed for sale and 19 homes were Sold (closed) over the same 12-month period. The average sales price in Falcon Ridge was $474,759 and the home community had sales prices that ranged from a low of $380,000 to a high of $660,000.
Comparing the 17 Active homes for sale in Falcon Ridge to the past year’s sales rate in the home community, there’s 10.7 months of inventory on the market. This amount of inventory indicates a buyer’s market in the Falcon Ridge area. The average current list price of $577,912 is higher than the averaged priced home that sold ($474,759) the past year in the subdivision. Falcon Ridge is a popular Lenexa Kansas home community and located near parks, dining and shopping 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 410 homes in Falcon Ridge and many of the homes in the community were built from 1996 to 2009. If you are planning to buy or sell a home in Falcon Ridge or in another community in the surrounding Lenexa area, my group looks forward to assisting you.
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Posted by Jason Brown