Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Statistics On Olathe Kansas
15 Day Glance At The Olathe KS Real Estate Market
After calculating the absorption rate over the past 15 days in Olathe Kansas, we find the city has 4.7 months of inventory currently on the market. This is a huge improvement over the 6.8 months of inventory when we looked at Olathe’s market stats near the end of June. In fact, this amount of inventory represents a balanced real estate market and that’s a good sign for Olathe home sellers. It should be noted that the average sales price the past 15 days was close to $205,000, while the average new listing came on the market at close to $232,000.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 141 | $231,802 | – |
| Total Active Listings | 949 | – | – |
| Newest Contracts Written | 100 | $204,183 | 131 |
| Newest Sold (Closed) | 102 | $205,714 | 133 |
* The Average $ of Newest Contracts Written considers the list price when the homes went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in a category can skew results. Stats cover approximately 15 days from post date. DOM = Days On Market.
The homes that sold (closed) the past 15 days did so in 133 days. If you are making plans to buy or sell a home in Olathe Kansas, we look forward to helping you achieve your real estate goals. You can find out more about how we’ll help you sell your Olathe home or purchase an Olathe home. Please contact us with any questions you may have!
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Posted by Jason Brown
