Checking The Pulse Of The Kansas City Real Estate Market
Olathe Kansas Real Estate Update
Recent Real Estate Activity In Olathe KS
Using the past 15 days of real estate sales activity in Olathe Kansas to calculate the city’s absorption rate, we find there’s 4.9 months of inventory currently on the market. This amount of inventory is considered a slight seller’s real estate market in the city of Olathe. The average sales price the past 15 days in Olathe was around $196,000, while the average new listing came on the market at nearly $234,000.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 94 | $233,814 | — |
| Total Active Listings | 565 | — | — |
| Newest Contracts Written | 84 | $217,863 | 83 |
| Sold (closed) Past 15 Days | 57 | $196,219 | 104 |
* 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 57 homes sold in Olathe were on the market an average of 104 days. If you’re considering buying or selling a home in Olathe Kansas, my real estate group can help you through the process. Please contact my group for assistance and you can find information here regarding selling an Olathe Kansas home and with buying an Olathe Kansas home.
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Posted by Jason Brown
