Olathe Kansas Real Estate Update – September 2009

Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market


City of Olathe KS Real Estate Update
Past 15 Days of Olathe  Kansas Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
150 $222,097
Total Active Listings
928
Newest Contracts Written
110 $230,532 124
Newest Sold (Closed)
79 $224,530 107

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results.  Stats may not be an exact 15 days from date of this post.  DOM = Days On Market.

Olathe Kansas Real Estate

Olathe Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Olathe Kansas, there’s currently 5.9 months of inventory on the market.  That’s a lot of inventory in Olathe for home buyers to consider.  The days on market on around 4 months on the homes that went under contract the past 15 days. The average sales price is pretty consistent across the recent Active, Pending and Sold homes, which is a good sign that Olathe home seller’s are probably pricing their homes appropriately for our current market.

Looking at 15 days of market stats is a small snap shot of local Olathe KS real  estate activity. Market conditions  will vary from one subdivision to another and sometimes one block to the next. If you want to see additional statistics on your specific community, we can make it happen.

View Past Olathe Kansas Real Estate Stats

Olathe Kansas Buyer’s Agents

Olathe Kansas Listing Agents

View All Olathe Kansas Homes For Sale On Kansas City MLS

Posted by Jason A. Brown

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