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The Pulse Of The Kansas City Real Estate Market

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

Using the 106 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.4 months of inventory on the market. 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 $271,000, while the average sales price during the same time period was around $248,000.

Type # Average $ Avg DOM
Listings Past 15 Days 159 $270,888
Total Active Listings 462
Newest Contracts Written 144 $245,913 45
Sold (closed) Past 15 Days 106 $247,783 68

* 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 106 homes sold in Olathe Kansas were on the market an average of 68 days, while the 144 homes to go under contract during the same time period did so in 45 days on average. We can assist you with buying or selling a home in Olathe Kansas, so please contact The Jason Brown Group with all of your Olathe Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

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Posted by Jason Brown

 

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