Comments Off on Olathe KS real estate update for May 2016… Get details on the strong Seller’s market & search Olathe homes for sale

The Jason Brown Group

Olathe KS Real Estate Update

There were 90 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 329 homes for sale in Olathe, the city has 1.8 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s real estate market in Olathe. The average new listing the past 15 days in Olathe Kansas came on the market around a $300,000 list price, while the average sales price during the same time frame was around $275,000.

Type # Average $ Avg DOM
Listings Past 15 Days 161 $300,496
Total Active Listings 329
Newest Contracts Written 152 $261,569 58
Sold (closed) Past 15 Days 90 $275,080 93

* 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 90 homes sold in Olathe Kansas were on the market an average of 93 days, while the last 152 homes to go under contract did so in 58 days on average. We look forward to helping you assess the effect these market stats have on your your real estate investment and the decisions you make when buying or selling an Olathe Kansas home.

The Jason Brown Group gives Olathe home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Olathe home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling an Olathe Kansas home or buying an Olathe Kansas home and contact us for personal real estate assistance.

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Posted by Jason Brown

 

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