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Olathe Kansas real estate market ~ October 2019 update

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 100 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 470 homes currently for sale in Olathe, the city has 2.4 months of inventory on the market. This volume of real estate inventory indicates a seller’s market in Olathe. The average new listing the past 15 days in Olathe Kansas came on the market in the $360’s price range, while the average sales price of homes closed during the same time period was in the $300’s.

Type # Average $ Avg DOM
Listings Past 15 Days 133 $360,857
Total Active Listings 470
Newest Contracts Written 112 $317,022 43
Sold (closed) Past 15 Days 100 $302,017 66

* 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 100 homes sold in Olathe Kansas were on the market an average of 66 days, while the most recent 112 homes to go under contract did so in 43 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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Olathe Kansas Real Estate Market Update – May 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 3.4 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average sales price the past 15 days in Olathe was around $238,000 and the average new listing during the same time period came onto the market at nearly $245,000.

Type # Average $ Avg DOM
Listings Past 15 Days 175 $244,792
Total Active Listings 501
Newest Contracts Written 156 $235,902 58
Sold (closed) Past 15 Days 74 $238,040 91

* 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 74 homes sold in Olathe (closed) were on the market an average of 91 days. We assist home buyers and home sellers in Olathe Kansas every day, so please contact us with any real estate questions you may have about any specific homes or about the area in general. You can start the process on our website and locate detailed real estate info regarding selling an Olathe Kansas home or buying an Olathe Kansas home.

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Real Estate Market In Kansas Continue Trends That Favor Home Sellers

Checking The Pulse Of The Kansas City Real Estate Market


The latest Kansas Association of Realtors state-wide real estate stats (covering the month of February) indicate further improvement in both average sales prices and in the volume of homes sold (closed). Home sales increased another 3.4% in February compared to February 2011 market stats, following up last months big 11.6% jump.

Photo 1907

Although the state is still in a buyer’s market overall with 7.4 months of inventory on the market, the months of inventory continues to push towards a balanced real estate market – there was 7.7 months in inventory at last months check. 5 to 7 months of inventory is generally considered a balanced real estate market. The rise in home sale prices was even more impressive, with the average sales price rising an incredible 9.7% compared to February of last year. This follows up last month’s identical 9.7% increase.

Locally here in Johnson County Kansas, the real estate market remains solid for home sellers. Over the past month we saw 695 homes sold and comparing this sales rate against the current volume of homes for sale, it calculates to 3.1 months of inventory on the market. This is an improvement over last month’s  3.8 months of inventory. All of this represents a strengthening of the seller’s real estate market that has been present in Johnson County Kansas the past year. 


Posted by Jason Brown

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Volume Of Home Sales Up 11% In Kansas, Sales Prices Up 10%

Checking The Pulse Of The Kansas City Real Estate Market


The latest released KAR state-wide stats (January’s stats) show the state of Kansas had further improvements in both volume of homes sold (closed) and in average home sales prices. Home sales volume jumped 11.6% in January compared to January 2011 market stats. This is another in a long line of monthly jumps and follows up a 15.9% increase in last month’s update.

Photo 1693

Average home sale prices rose 9.7% compared to January of last year and follows up last month’s 6.5% increase. There was an influx of new inventory during the month and January’s sales rate compared to the volume of homes for sale, resulting in 7.7 months of inventory on the market. There was 5.4 months of inventory in last month’s stats and the current volume of inventory represents a slight buyer’s market. This ends a run of 10 months of a balanced real estate market, but is likely more of a sign of the stats crossing the holiday season than a long-term trend. I expect by next month’s check the stats will have moved back into a balanced real estate market.

Locally here in Johnson County Kansas, the real estate market remains solid for home sellers. In the past 30 days there were 544 homes sold and comparing this sales rate against the current volume of homes for sale, there’s 3.8 months of inventory on the market. This is an improvement over last month’s 5.0 months of inventory and represents a seller’s market in Johnson County Kansas.


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!

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