Checking The Pulse Of The Kansas City Real Estate Market
Falcon Ridge Villas Subdivision Real Estate Stats
A Lenexa KS Home Community
The Falcon Ridge Villas market stats dating back a year to August 2011 reflect 14 homes listed for sale and 9 homes Sold (closed) during the year period. The average sales price in Falcon Ridge Villas was $313,267 and the subdivision saw sales prices ranging from $249,000 to $365,000 over the 12-month period.
Comparing the 5 Active homes for sale in Falcon Ridge Villas to the demand for homes the past year in the community, there’s 6.7 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the Falcon Ridge Villas area. The average current list price of $360,928 is higher than the average sales price ($313,267) the past 12 months in the subdivision. Falcon Ridge Villas is a popular Lenexa Kansas home community and located within close proximity to parks, shopping and dining amenities and near access to K-7, K-10 and I-435 highways in Lenexa.
Falcon Ridge Villas is located in western Lenexa Kansas and served by the Olathe School District. There’s approximately 180 homes in Falcon Ridge Villas 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 Villas or in one of the surrounding areas of Lenexa Kansas, we can guide you through the real estate process.
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Posted by Jason Brown