Comments Off on Olathe Kansas Real Estate Market Update – September 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 81 homes sold in Olathe the past 15 days to calculate the absorption rate in the city, we find there’s currently 3.3 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $253,000, while the average sales price during the same time period was around $216,000.

Type # Average $ Avg DOM
Listings Past 15 Days 129 $252,788
Total Active Listings 523
Newest Contracts Written 106 $221,879 63
Sold (closed) Past 15 Days 81 $216,275 64

* 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 81 homes sold (closed) in Olathe were on the market an average of 64 days. We can assist you with buying or selling a home in Olathe Kansas, so please contact us with questions you may have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying a Olathe Kansas home.

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Posted by Jason Brown

 

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