Find area information and real estate listings for the Country Hill Subdivision, Lenexa, Kansas. Learn more about Country Hill, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.
In the last six months Country Hill has had eight homes sold/closed as of December 24, 2018. This ratio of homes sold over time is called the absorption rate. The most recent absorption rate averaged over the last 6 months is 1.3 homes per month. At the time of writing there are zero homes for sale in Country Hill. If the most recent absorption rate continues it would take under less than a month to sell a home in Country Hill, assuming that all homes would sell, and that no additional homes came on the market. In general terms a market is considered balanced when the supply of homes equals 5.5 to 6.5 months of inventory compared to demand or absorption rate. The lower the month’s supply of home is, the seller tends to see an advantage in price or terms. The higher the months supply of homes the more advantage there is to the buyer in terms of price or terms.Country Hill being in higher than average demand compared to supply means that, in general, sellers have an advantage in terms of negotiations of terms.