Comments Off on Olathe Kansas Real Estate Market Update – June 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

Comparing the sales rate the past 15 days in Olathe Kansas to the current volume of homes for sale in the city, we find 2.4 months of inventory. This volume of homes for sale indicates a strong seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $233,000, while the average sales price during the time period was around $216,000.

Type # Average $ Avg DOM
Listings Past 15 Days 168 $233,414
Total Active Listings 526
Newest Contracts Written 162 $232,556 54
Sold (closed) Past 15 Days 110 $215,656 69

* 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 110 homes sold (closed) in Olathe KS were on the market an average of 69 days. If you are planning stages of buying or selling a home in the Olathe area, please contact us about starting the process. We offer expert listing services and buyer’s agent services and you can find details on our website regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

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Posted by Jason Brown

 

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