Comments Off on Olathe Kansas Real Estate Market Update – August 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

Using the 112 homes sold in Olathe the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.4 months of inventory on the market. This amount of inventory 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 $241,000, while the average sales price during the same time period was around $247,000.

Type # Average $ Avg DOM
Listings Past 15 Days 141 $240,972
Total Active Listings 534
Newest Contracts Written 133 $227,154 67
Sold (closed) Past 15 Days 112 $247,227 60

* 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 112 homes sold in Olathe Kansas were on the market an average of 60 days. We can assist you with buying or selling a home in Olathe, so don’t hesitate to contact us with any questions you have about real estate in the city of Olathe. You can also start the process by finding detailed real estate info on our site 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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