Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Olathe KS
Recent 15 Days of Olathe Kansas Market Activity
After calculating the absorption rate over the past 15 days in Olathe Kansas, we determine there’s currently 11.9 months of inventory on the market. This is high but the stats also cover the Thanksgiving holiday when sales are slower. Still, there’s a lot more inventory currently on the market than there are Sold (closed) homes or homes going under contract. The 38 homes that did close in Olathe the past 15 days took 169 day to do so.
|
Type |
# |
Average $ |
Avg DOM |
|
Listings Past 15 Days |
83 | $206,083 |
– |
|
Total Active Listings |
908 |
– |
– |
|
Newest Contracts Written |
49 | $183,465 | 121 |
|
Newest Sold (Closed) |
38 | $222,041 | 169 |
* 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.
If buying or selling an Olathe Kansas home is in your plans, please contact me to discuss your real estate situation. We can meet my office or at your home to discuss your goals and how we can help you achieve them. We’re internet savvy Olathe Kansas real estate experts and we’re always working to give our clients an advantage in their real estate transactions.
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Posted by Jason A. Brown
