Checking The Pulse Of The Kansas City Real Estate Market

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

Using the past 15 days of market stats in the chart below, we can figure the absorption rate in Olathe Kansas. Defining an areas absorption rate then allows us to compare the demand of homes against the current supply of Olathe Kansas real estate inventory. At the current absorption rate, there’s 7.2 months of inventory on the market in Olathe Kansas. This is high and we need to see more than a 134 sale per month pace to work off the 962 homes that are currently for sale in the city.

* 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.

Whether you’re considering selling or buying an Olathe Kansas home, we look forward to assisting you. If you’re considering selling your home, we give you the straight facts to help you make the most informed decision possible. We don’t blow smoke or manipulate the market stats in any way as it’s important for you to consider the factors that buyers, buyer’s agents and appraisers are going to be considering when looking at your home. If you’ll be buying an Olathe home, we do a CMA (like we do for sellers), so you can get an excellent view of what’s going on with the specific Olathe real estate market that matters to you.  When it’s time to contact an Olathe Kansas Realtor, I look forward to learning more about your real estate situation.

View Past Real Estate Stats On Olathe KS

Buyer’s Agents In Olathe KS

Seller’s Agents In Olathe KS

Relocating to Olathe KS

View All Listed Olathe KS Homes For Sale

Olathe Kansas Tip of the Day…
Olathe Installing New Water Meters

Posted by Jason A. Brown