Find area information and real estate listings for the Whispering Hills Subdivision, Lenexa, Kansas. Learn more about Whispering Hills, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.
In the last 12 months Whispering Hills has had 18 homes sold/closed as of December 26, 2018. This ratio of homes sold over time is called the absorption rate. The most recent absorption rate averaged over the last 12 months is 1.5 homes per month. At the time of writing there is just a single home for sale in Whispering Hills. If the most recent absorption rate continues it would take, on average, less than a month to sell all of the homes for sale, 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.Whispering Hills, being in much higher than average demand compared to supply means that, in general, sellers have an advantage in terms of negotiations of terms.Home sale prices in the last 12 months, as of December 25, 2018, ranged from $320's to low $600s to $430's.