Olathe Kansas real estate market update ~ July 2022

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 111 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 176 homes currently for sale in Olathe, the city has 0.8 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Olathe and a lack of inventory to meet home buyer demand. The average new listing the past 15 days in Olathe Kansas came on the market in the $450’s price range, while the average sales price of homes closed during the same time period was also in the $450’s.

Type # Average $ Avg DOM
Listings Past 15 Days 176 $457,236
Total Active Listings 324
Newest Contracts Written 137 $407,036 14
Sold (closed) Past 15 Days 111 $451,416 17

* 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 111 homes sold in Olathe Kansas were on the market an average of 17 days, while the most recent 137 homes to go under contract did so in 14 days on average. 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, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. 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!

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Posted by Jason Brown

Olathe Kansas Real Estate Market Stats – May 2012 Update

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 3.9 months of inventory currently on the market. This amount of inventory is considered a balanced real estate market in the city of Olathe. If the current sales rate continues without a huge influx of new listings hitting the market, we are heading in the direction of a seller’s market in the city of Olathe.

Type # Average $ Avg DOM
Listings Past 15 Days 154 $257,044
Total Active Listings 727
Newest Contracts Written 132 $224,884 124
Sold (closed) Past 15 Days 94 $210,700 150

* 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.

If the inventory of homes for sale in Olathe Kansas continues to dwindle, sales prices are sure to head upwards. This would be great news for home sellers in Olathe Kansas. We assist Olathe Kansas home sellers and home buyers every day and if you’re considering purchasing or selling a home the Olathe area, my real estate group looks forward to assisting you. Find more details here regarding selling an Olathe KS home or buying an Olathe KS home. If you have any questions, please don’t hesitate to contact us.

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Posted by Jason Brown

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