Olathe Kansas Real Estate Update
There were 29 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 410 homes currently for sale in Olathe, the city has 7.0 months of inventory on the market. This volume of real estate inventory indicates a balanced market and a higher amount of inventory than we’ve seen in Olathe the past few years. The holiday season and slower sale season is likely playing a role in the rise in months of inventory and we’ll see how things look at our next update. The average new listing the past 15 days in Olathe Kansas came on the market around a $323,000 list price and the average sales price during the same time period was nearly $314,000.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 71 | $323,150 | — |
| Total Active Listings | 410 | — | — |
| Newest Contracts Written | 55 | $285,823 | 49 |
| Sold (closed) Past 15 Days | 29 | $313,857 | 70 |
* 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 29 homes sold in Olathe Kansas were on the market an average of 70 days, while the more recent 55 homes to go under contract did so in 49 days on average. We look forward to helping you assess the effect these market stats have on your real estate investment and the decisions you make when buying or selling an Olathe Kansas home.
The Jason Brown Group provides expert home seller representation, currently getting the majority of our listings under contract quickly. We provide expert home buyer representation through the real estate process, while helping clients locate the best available area homes for sale. Learn more about how we can help you with selling an Olathe home or buying an Olathe home. We look forward to helping you achieve your real estate goals… Contact Jason Brown today!
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Posted by Jason Brown