Olathe Kansas Real Estate Market Update – December 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Olathe Kansas
15 Day Glance At The Olathe KS Real Estate Market

After calculating the absorption rate over the past 15 days in Olathe Kansas, we find the city has 8.2 months of inventory currently on the market. This amount of inventory indicates a buyer’s market in Olathe Kansas. When we checked Olathe’s market stats in October the city had 6.6 months of inventory. Although there were more homes on the market at that time in Olathe, the sales rate was 40% higher and thus eating quicker into the available inventory of homes. The past 15 days, the average new listing in Olathe came on the market at $202,601, while the average sales price over the same period was $194,613.

Type # Average $ Avg DOM
Listings Past 15 Days 71 $202,601
Total Active Listings 785
Newest Contracts Written 57 $210,700 182
Newest Sold (Closed) 48 $194,613 176

* 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 home sold (closed) the past 15 days did so in 176 days. If you are making plans to buy or sell a home in Olathe Kansas, we look forward to guiding you through the process. Here’s information on how we can assist you with selling your Olathe KS home and with buying an Olathe KS home. Please contact us with any questions you may have and my group looks forward to assisting you.

Olathe Kansas Relocation Information

Search Olathe Kansas Homes For Sale

View Additional Real Estate Stats On Olathe Kansas

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Posted by Jason Brown

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Olathe Kansas Real Estate Update – August 2011

Checking The Pulse Of The Kansas City Real Estate Market

Real Estate Statistics On Olathe Kansas
15 Day Glance At The Olathe KS Real Estate Market

After calculating the absorption rate over the past 15 days in Olathe Kansas, we find the city has 4.7 months of inventory currently on the market. This is a huge improvement over the 6.8 months of inventory when we looked at Olathe’s market stats near the end of June. In fact, this amount of inventory represents a balanced real estate market and that’s a good sign for Olathe home sellers. It should be noted that the average sales price the past 15 days was close to $205,000, while the average new listing came on the market at close to $232,000.

Type # Average $ Avg DOM
Listings Past 15 Days 141 $231,802
Total Active Listings 949
Newest Contracts Written 100 $204,183 131
Newest Sold (Closed) 102 $205,714 133

* 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 homes that sold (closed) the past 15 days did so in 133 days. If you are making plans to buy or sell a home in Olathe Kansas, we look forward to helping you achieve your real estate goals. You can find out more about how we’ll help you sell your Olathe home or purchase an Olathe home. Please contact us with any questions you may have!

Olathe Kansas Relocation Information

Search Olathe Kansas Homes For Sale

View Additional Real Estate Stats On Olathe Kansas

Our Olathe Kansas Buyer’s Agent Services

Our Olathe Kansas Listing Agent Services


Posted by Jason Brown

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Kansas City Isn’t Flat, We Have Lots Of Trees And Tumbleweed Isn’t Blowing Down Our Streets

Checking The Pulse Of The Kansas City Real Estate Market

Is Kansas City flatter than a pancake? Do we take care of the one tree we have? Can tumbleweed knock an old lady down when crossing the street? These are some of the questions I’ve fielded from home buyers relocating to the Kansas City and Johnson County Kansas areas. If the Wizard of Oz hadn’t become a classic, I think the perception of Kansas City wouldn’t be that of a typical western Kansas town from the 1940’s. That dust bowl didn’t do us any favors either. And it seems whenever a tornado does damage in Kansas, the national news clips of the tornado always seem to be of  the flat western Kansas farmland.  What’s that movie that had the tornado picking the cow up? Whatever the name, that didn’t help either. So I’m blaming Hollywood too.


Kansas City absolutely is NOT flat, that much I want to be clear about. We have rolling hills and streams. We also aren’t treeless. We have subdivisions with names like Arbor Hills, Woodland Creek and Forest View and the city of Olathe was awarded the designation of Tree City USA for crying out loud! We don’t even have horses tied up in front of the local Quick Trip — though I honestly did see someone riding horseback down the side of 71 highway the other day in the inner city. I should have stopped and explained he was hurting our image. Well, at least I didn’t see any tumbleweed blowing down the street. Yes, I’ve had that question from a relocating client. I think the last time I saw tumbleweed I was a kid.

The Kansas City metro area includes the second largest river in the country, the Missouri River and also the Kansas River too. I’ll bet many don’t know that the state of Kansas has more than 5 million acres of forest. That’s more than double Yellowstone National Park forest and more than FIVE times the Grand Canyon forest. The reason that Kansas isn’t well-known for its forests is because 95% of the forest areas are on privately owned land. In other words, they’re spread across the state for everyone to enjoy.

Posted by Jason A. Brown