Comments Off on Olathe Kansas Real Estate Market – October 2014 Update

The Pulse Of The Kansas City Real Estate Market

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

Using the 93 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.8 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Lenexa. The average new listing the past 15 days came on the market around $251,000, while the average sales price during the same time period was around $256,000.

Type # Average $ Avg DOM
Listings Past 15 Days 107 $250,956
Total Active Listings 528
Newest Contracts Written 88 $249,437 75
Sold (closed) Past 15 Days 93 $256,207 76

* 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 93 homes sold in Lenexa Kansas were on the market an average of 76 days, while the 88 homes to go under contract during the same time period did so in a similar 76 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 area 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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