Olathe KS real estate market update ~ January 2022

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 50 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 163 homes currently 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 market in Olathe and a lack of inventory to meet buyer demand. The average new listing the past 15 days in Olathe Kansas came on the market in the $450’s price range, while the average sales price of homes closed during the same time period was in the $380’s.

Type # Average $ Avg DOM
Listings Past 15 Days 37 $455,744
Total Active Listings 163
Newest Contracts Written 47 $526,563 476
Sold (closed) Past 15 Days 50 $388,075 18

* 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 50 homes sold in Olathe Kansas were on the market an average of 18 days, while the most recent 47 homes to go under contract did so in 46 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, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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

Olathe Kansas real estate update ~ June 2019: Olathe market stats and home trends

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 121 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 431 homes currently for sale in Olathe, the city has 1.8 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Olathe and a continued shortage of available homes in the city. The average new listing the past 15 days in Olathe Kansas came on the market around a $352,000 list price and the average sales price of homes closed during the same time period was nearly $318,000.

Type # Average $ Avg DOM
Listings Past 15 Days 172 $351,973
Total Active Listings 431
Newest Contracts Written 128 $328,357 37
Sold (closed) Past 15 Days 121 $318,230 62

* 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 121 homes sold in Olathe Kansas were on the market an average of 62 days, while the most recent 128 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 a Olathe Kansas home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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!

View homes for sale in Olathe

Selling an Olathe home

Buying an Olathe home

Olathe real estate info

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Posted by Jason Brown

Olathe Kansas real estate report ~ April 2019: Latest news on the strong Seller’s market & Olathe homes for sale

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 98 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 391 homes currently for sale in Olathe, the city has 2.0 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Olathe and no signs of a letup as we head deeper into the spring market. The average new listing the past 15 days in Olathe Kansas came on the market around a $353,000 list price and the average sales price of homes closed during the same time period was nearly $306,000.

Type # Average $ Avg DOM
Listings Past 15 Days 209 $352,746
Total Active Listings 391
Newest Contracts Written 166 $350,540 46
Sold (closed) Past 15 Days 98 $305,617 69

* 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 98 homes sold in Olathe Kansas were on the market an average of 306,000 days, while the most recent 166 homes to go under contract did so in 46 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, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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!

View homes for sale in Olathe

Selling an Olathe home

Buying an Olathe home

Olathe real estate info

View past market stats

Posted by Jason Brown

Olathe Kansas real estate insider ~ January 2019: Details on the balanced market & Homes for sale in Olathe

The Jason Brown Group

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!

View homes for sale in Olathe

Selling an Olathe home

Buying an Olathe home

Olathe real estate info

View past market stats

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Posted by Jason Brown

Olathe Kansas Real Estate Update – March 2011

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

After using the past 15 days of sales stats to calculate the absorption rate in Olathe KS we find there’s 8.1 months of inventory on the market. This is high but not too bad given we’re just now starting to see warmer temperatures and more home buyers scheduling showings. Also, the 101 homes that went under contract is a huge number and if we were to assume all those would close and use that figure to calculate the absorption rate, there would be closer to 4 months of inventory. That amount of inventory would actually jump from a buyer’s market to a mild seller’s market in that case.

Type

#

Average $

Avg DOM

Listings Past 15 Days

147 $246,083

Total Active Listings

881

Newest Contracts Written

101 $210,459 172

Newest Sold (Closed)

54 $210,241 192

* 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.

Months of inventory only considers inventory volume and doesn’t give consideration to actual sales prices. It’s concerning that the average home seller who listed the past 15 days hopes their home is worth around $246,000, while the average sales price was near $210,000. That’s quite a difference to say the least.

If your real estate goals involve buying or selling a home in  Olathe, we look forward to assisting you with your home purchase or sale. Our listing representation is top-notch and we have buyer’s agents who work the entire Olathe area and can represent your best interest throughout the home buying process. Please let us know whenever you have any questions about buying or selling an Olathe Kansas home.

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Posted by Jason A. Brown

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