Olathe Kansas Real Estate Market Update – October 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

Using the 61 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $234,000, while the average sales price during the same time period was around $246,000.

Type # Average $ Avg DOM
Listings Past 15 Days 122 $235,615
Total Active Listings 536
Newest Contracts Written 94 $235,786 56
Sold (closed) Past 15 Days 61 $245,649 51

* 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 61 home sold in Olathe Kansas were on the market an average of 51 days and the last 94 homes to go under contract in the city were on the market an average of 56 days. We can help you assess buying or selling a home in Olathe, so please contact us with any questions you have about real estate in the area. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and with buying an Olathe Kansas home.

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Posted by Jason Brown

 

Olathe Kansas Real Estate Update – June 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 6.8 months of inventory currently on the market. This amount of inventory indicates it remains a buyer’s market in Olathe Kansas. But these figures are quite an improvement on the 8.3 months of inventory when found when we took at look at Olathe’s May stats. The average price of the new listings to come on the market the past 15 days ($213,199) was almost exactly the same as the average sales price  ($213,627) over the same period. This is an indication that home sellers are pricing their homes realistically.

Type # Average $ Avg DOM
Listings Past 15 Days 123 $213,199
Total Active Listings 978
Newest Contracts Written 110 $208,899 132
Newest Sold (Closed) 72 $213,627 138

* 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 72 homes that sold (closed) in Olathe took an average of 138 days to sell. This amount of time is looking typical in Olathe as the 110 homes that went under contract during the same period did so in about the same amount of time. If you’re planning to purchase or sell a home in Olathe Kansas, we can guide you through the real estate process. Here’s information on how we assist Olathe home sellers and how we assist Olathe home buyers. Please contact us with any questions you may have and we look forward to assisting you.

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Posted by Jason Brown

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