Olathe Kansas Real Estate Update
There were 132 homes sold (closed) in Olathe Kansas the past 15 days. In comparison to the 365 homes currently for sale in Olathe, the city has 1.4 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Olathe and a continuation of what we’ve been seeing in Olathe for several years. This volume of inventory is one of the biggest shortages of inventory we have seen in Olathe. If you’ve been thinking about selling your Olathe home, now is the time to call me! The average new listing the past 15 days in Olathe Kansas came on the market around a $300,000 list price and the average sales price during the same time period was nearly $299,000.
Type | # | Average $ | Avg DOM |
Listings Past 15 Days | 159 | $300,162 | — |
Total Active Listings | 365 | — | — |
Newest Contracts Written | 151 | $280,259 | 36 |
Sold (closed) Past 15 Days | 132 | $299,527 | 62 |
* 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 132 homes sold in Olathe Kansas were on the market an average of 62 days, while the last 151 homes to go under contract did so in 36 days on average. So the market is moving very quickly 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 under contract the past year in 21 days and sold for 101% 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 an Olathe home or buying an Olathe home. We look forward to helping you achieve your real estate goals… Contact Jason Brown today!
Posted by Jason Brown