Olathe KS Real Estate Update
There were 113 homes sold (closed) in Olathe Kansas the past 15 days. In comparison to the 295 homes currently for sale in Olathe, the city has 1.3 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Olathe and this is the lowest amount of inventory I can recall seeing in the city. The average new listing the past 15 days in Olathe Kansas came on the market around a $319,000 list price and the average sales price during the same time period was nearly $284,000.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 148 | $318,805 | — |
| Total Active Listings | 295 | — | — |
| Newest Contracts Written | 105 | $286,475 | 38 |
| Sold (closed) Past 15 Days | 113 | $283,516 | 72 |
* 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 113 homes sold in Olathe Kansas were on the market an average of 72 days, while the last 105 homes to go under contract did so in 38 days on average. So buyers are scooping up homes quickly right now in the city. 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, getting the majority of our homes sold in 21 days and 99% of list price. 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 A HOME IN OLATHE or BUYING A HOME IN OLATHE. We look forward to helping you achieve your real estate goals… Contact us any time.
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Posted by Jason Brown