Comments Off on Olathe Kansas Real Estate Market Update – March 2013 Update

Checking The Pulse Of The Kansas City Real Estate Market

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

Looking at the past 15 days of real estate sales activity in the city of Olathe Kansas and comparing it to the current volume of homes for sale in Olathe, we find there’s 4.6 months of inventory in the city. This amount of inventory indicates a slight seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $229,000, while the average home sales price was nearly $243,000.

Type # Average $ Avg DOM
Listings Past 15 Days 111 $229,182
Total Active Listings 504
Newest Contracts Written 120 $202,559 76
Sold (closed) Past 15 Days 55 $242,743 115

* 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 55 homes sold (closed) in Overland Park were on the market an average of 115 days. If you are considering buying or sell a home in Overland Park, we can assist you. Please contact us with any real estate questions you may have and we look forward to discussing your personal real estate goals. You can also find more details here regarding selling an Olathe Kansas home and with buying an Olathe Kansas home.

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Posted by Jason Brown

 

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