Olathe Kansas real estate update, May 2018 edition: Details on the strong Seller’s market & Olathe homes for sale

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 115 homes sold (closed) in Olathe Kansas the past 15 days. In comparison to the 344 homes currently 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 market in Olathe and we have nowhere near the volume of inventory needed to meet buyer demand  — I keep saying it, but if you’re having ANY thoughts of selling your Olathe home call me and I’ll send you a free market estimator on your home and area! The average new listing the past 15 days in Olathe Kansas came on the market around a $329,000 list price and the average sales price during the same time period was more than $315,000.

Type # Average $ Avg DOM
Listings Past 15 Days 211 $329,177
Total Active Listings 344
Newest Contracts Written 143 $299,647 39
Sold (closed) Past 15 Days 115 $315,293 63

* 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 115 homes sold in Olathe Kansas were on the market an average of 63 days, while the last 143 homes to go under contract did so in 39 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 provides expert home seller representation, getting the majority of our homes under contract the past year in 21 days and sold for 101% of list price. 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