Olathe Kansas Real Estate Market Update – April 2012

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 5.3 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market. The average sales price the past 15 days in Olathe was $192,527 and the average new listing to hit the market was priced at $244,922.

Type # Average $ Avg DOM
Listings Past 15 Days 155 $244,922
Total Active Listings 729
Newest Contracts Written 120 $208,004 129
Newest Sold (Closed) 69 $192,527 119

* 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 69 homes sold in Olathe Kansas took an average of 119 days to do so and 120 homes went under contract in the past 15 days alone. If you are making plans to buy or sell a home in the Olathe Kansas area, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Olathe area home or with buying an Olathe area home. Please contact us with any questions you may have about real estate in Olathe KS.

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Posted by Jason Brown

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