Comments Off on Olathe Kansas Real Estate Market Update – October 2012 Update

Checking The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Activity In Olathe KS

Using the past 15 days of real estate sales activity in Olathe Kansas to calculate the city’s absorption rate, we find there’s 4.9 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in the city of Olathe. The average sales price the past 15 days in Olathe was around $196,000, while the average new listing came on the market at nearly $234,000.

Type # Average $ Avg DOM
Listings Past 15 Days 94 $233,814
Total Active Listings 565
Newest Contracts Written 84 $217,863 83
Sold (closed) Past 15 Days 57 $196,219 104

* 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 57 homes sold in Olathe were on the market an average of 104 days. If you’re considering buying or selling a home in Olathe Kansas, my real estate group can help you through the process. Please contact my group for assistance and you can find information here regarding selling an Olathe Kansas home and with buying an Olathe Kansas home.

Olathe Kansas Relocation Guide

View Homes For Sale In Olathe KS

View More Olathe KS Real Estate Stats

Buyer’s Agents In Olathe KS

Listing Agents In Olathe KS

Posted by Jason Brown

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