Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market
City of Olathe Kansas Real Estate Update
Past 15 Days of Olathe KS Real Estate Stats
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
108 | $220,805 |
– |
Total Active Listings |
878 |
– |
– |
Newest Contracts Written |
73 | $188,957 | 89 |
Newest Sold (Closed) |
97 | $207,032 | 120 |
* 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.
Using these past 15 days of market stats to figure the absorption rate in Olathe Kansas, there’s currently 4.5 months of inventory on the market. 97 closed homes isn’t too bad when compared to the 108 homes that came on the market. Having 73 homes go under contract is a little low though and indicates it will take a while to eat the large amount (878) of existing home inventory in Olathe KS.
Looking at 15 days of market stats is a small snap shot of local Olathe Kansas real estate activity and market conditions also vary greatly from one Olathe subdivision to another. So don’t take just a glancing look at local market activity. Instead, feel free to request detailed Active, Pending, Sold and Expired market stats on your subdivision of interest.
Click To View A City Of Olathe School Map
View Past Olathe KS Real Estate Stats
View All Olathe KS Homes For Sale On Kansas City MLS
Posted by Jason A. Brown
COMMENTS CAN BE LEFT BELOW…
(Click post headline if you don’t see the LEAVE A COMMENT section.)