Olathe Kansas Real Estate Market Update – May 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 3.4 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average sales price the past 15 days in Olathe was around $238,000 and the average new listing during the same time period came onto the market at nearly $245,000.

Type # Average $ Avg DOM
Listings Past 15 Days 175 $244,792
Total Active Listings 501
Newest Contracts Written 156 $235,902 58
Sold (closed) Past 15 Days 74 $238,040 91

* 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 74 homes sold in Olathe (closed) were on the market an average of 91 days. We assist home buyers and home sellers in Olathe Kansas every day, so please contact us with any real estate questions you may have about any specific homes or about the area in general. You can start the process on our website and locate detailed real estate info regarding selling an Olathe Kansas home or buying an Olathe Kansas home.

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Posted by Jason Brown