Olathe KS real estate update for August 2017… Get details on the strong Seller’s market & view Olathe homes for sale

The Jason Brown Group

Olathe KS Real Estate Update

There were 126 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 393 homes for sale in Olathe, the city has 1.6 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 $304,000 list price and the average sales price during the same time period was nearly $266,000.

Type # Average $ Avg DOM
Listings Past 15 Days 155 $303,899
Total Active Listings 393
Newest Contracts Written 138 $302,746 42
Sold (closed) Past 15 Days 126 $265,950 34

* 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 126 homes sold in Olathe Kansas were on the market an average of 34 days, while the last 138 homes to go under contract did so in 42 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 the majority of our homes sold in 30 days and for nearly 99% 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 a Olathe Kansas home or buying a Olathe Kansas home and contact us for personal real estate assistance.

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Olathe KS real estate update for May 2017… Get details on the strong Seller’s market & search Olathe homes for sale

The Jason Brown Group

Olathe KS Real Estate Update

There were 116 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 346 homes for sale in Olathe, the city has 1.5 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 $315,000 list price and the average sales price during the same time period was nearly $288,000.

Type # Average $ Avg DOM
Listings Past 15 Days 190 $315,155
Total Active Listings 346
Newest Contracts Written 175 $294,933 37
Sold (closed) Past 15 Days 116 $287,698 77

* 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 116 homes sold in Olathe Kansas were on the market an average of 77 days, while the last 175 homes to go under contract did so in 37 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 the majority of our homes sold in 30 days and for nearly 99% 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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Olathe KS real estate update for April 2017… Get details on the strong Seller’s market & search Olathe homes for sale

The Jason Brown Group

Olathe KS Real Estate Update

There were 165 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 335 homes for sale in Olathe, the city has 1.0 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 $309,000 list price and the average sales price during the same time period was nearly $279,000.

Type # Average $ Avg DOM
Listings Past 15 Days 190 $308,939
Total Active Listings 335
Newest Contracts Written 99 $257,162 61
Sold (closed) Past 15 Days 165 $278,938 32

* 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 165 homes sold in Olathe Kansas were on the market an average of 32 days, while the last 99 homes to go under contract did so in 61 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 the majority of our homes sold in 30 days and for nearly 99% 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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Olathe KS real estate update for February 2017… Get details on the Seller’s market & search Olathe homes for sale

The Jason Brown Group

Olathe KS Real Estate Update

There were 46 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 310 homes for sale in Olathe, the city has 3.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Olathe. The average new listing the past 15 days in Olathe Kansas came on the market around a $291,000 list price and the average sales price during the same time period was nearly $283,000.

Type # Average $ Avg DOM
Listings Past 15 Days 110 $291,208
Total Active Listings 310
Newest Contracts Written 110 $278,791 77
Sold (closed) Past 15 Days 46 $283,411 50

* 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 46 homes sold in Olathe Kansas were on the market an average of 50 days, while the last 110 homes to go under contract did so in 77 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 the majority of our homes sold in 30 days and for nearly 99% 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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Olathe KS real estate update for November 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 112 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 380 homes for sale in Olathe, the city has 1.7 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 $325,000 list price, while the average sales price during the same time frame was nearly $282,000.

Type # Average $ Avg DOM
Listings Past 15 Days 114 $324,778
Total Active Listings 380
Newest Contracts Written 111 $264,188 49
Sold (closed) Past 15 Days 112 $281,647 58

* 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 112 homes sold in Olathe Kansas were on the market an average of 58 days, while the last 111 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 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 the majority of our homes sold in 30 days and for nearly 99% 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 a Olathe Kansas home or buying a Olathe Kansas home and contact us for personal real estate assistance.

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Olathe Kansas Real Estate Market Update – January 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

Looking at the past 15 days of real estate sales activity in the city of Olathe Kansas and comparing it to the current volume of homes for sale in Olathe, we find there’s 6.2 months of inventory in the city. This amount of inventory indicates a balanced real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $233,000.

Type # Average $ Avg DOM
Listings Past 15 Days 101 $232,573
Total Active Listings 482
Newest Contracts Written 70 $229,055 97
Sold (closed) Past 15 Days 39 $219,585 104

* 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 average sales price the past 15 days in Olathe Kansas was nearly $220,000 and the average home was on the market 104 days. We can assist you with buying or selling a home in Olathe, so please contact us with any real estate questions you may have. You can find more details here regarding selling an Olathe Kansas home or with buying an Olathe Kansas home.

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Impressive Real Estate Market Stats Abound In The State Of Kansas

Checking The Pulse Of The Kansas City Real Estate Market

The final August stats recently release by my association of Realtors showed a huge improvement in the real estate market during the month of August. Home sales rose 21% during the month compared to August 2010’s sales. The impressive raw numbers included 2,789 homes sold state-wide in August compared to the 2,247 homes sold in August 2010. The national real estate market impressed as well with home sales rising 18.6% in August compared to August 2010.

Factoring the 19,464 homes for sale in Kansas at the end of August against a sales rate of 2,789 homes sold (in August), we find there was 7.0 months of inventory on the market in Kansas at the end of the August reporting period. Though 7.0 months of inventory indicates a buyer’s market, the impressive August sales rate absolutely put a dent in the volume of inventory on the market. Less competition on the market is music to home seller’s ears and so are rising average sales prices. The average home price was $159,082 across the state, a 2.7% increase from August 2010.  

Locally here in Johnson County Kansas, the August stats look even better. There were 737 homes sold in Johnson County Kansas during the month of August. Comparing this sales rate to the current 3,782 homes for sale in Johnson County Kansas, we find 5.1 months of inventory in Johnson County Kansas. That’s considered a balanced real estate market and there’s no doubt that the Johnson County Kansas real estate market remains a solid option for investing in real estate.


Posted by Jason Brown

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Olathe Kansas Real Estate Update – February 2011

Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Olathe KS
Recent
15 Days of Olathe Kansas Market Activity

After calculating the absorption rate over the past 15 days in Olathe KS and comparing it to the volume of homes currently on the market, there’s 10.7 months of inventory in the city. It’s still a buyer’s market but really that’s not a bad amount of inventory when you consider the time of year and the winter weather the past several weeks. The average sales price of the new listings is also $30,000 lower than the average sales price over the same period. So there should be some excellent inventory for buyers to consider.

Type

#

Average $

Avg DOM

Listings Past 15 Days

65 $200,783

Total Active Listings

859

Newest Contracts Written

67 $176,846 146

Newest Sold (Closed)

40 $231,378 124

* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.

The homes that closed the past 15 days took right at 4 months to sell and that’s reasonable in our current market. If your real estate goals involve selling or buying a home in Olathe or in a surrounding area, please contact me to discuss your situation. I look forward to earning your business and helping you achieve your real estate goals.

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Posted by Jason A. Brown

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