Comments Off on Olathe Kansas Kansas Real Estate Update – September 2011

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 7.6 months of inventory currently on the market. This amount of inventory represents a seller’s market in the city of Olathe. The average sales price in Olathe dipped below $200,000, though the average listing that went under contract during the same 15 day period was listed at more than $210,000 when those homes went under contract.

Type # Average $ Avg DOM
Listings Past 15 Days 98 $210,967
Total Active Listings 906
Newest Contracts Written 95 $212,750 124
Newest Sold (Closed) 60 $198,129 135

* 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 last 60 homes Sold (closed) in Olathe were on the market an average of 135 days. If you are making plans to buy or sell a home in Olathe Kansas, we can go to work as your listing agent or buyer’s agent and represent your best interests through the process. Here’s information on how we can assist you with selling your Olathe home or with buying an Olathe home. Please contact us with any questions you may have and we look forward to assisting you.

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Posted by Jason Brown

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