Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market
City of Olathe KS Real Estate Update <> 15-day Glance:
Olathe Kansas Real Estate Market Stats
|
Type |
# |
Average $ |
D.O.M |
– |
|
Newest Listings |
125 |
$181,717 |
– |
View These Listings |
|
Total Active Listings |
975 |
– |
– |
– |
|
Newest Pending |
34 |
$283,975* |
108 |
View These Pendings |
|
Recently Sold (Closed) |
41 |
$200,975 |
40 |
View These Solds |
In the city of Olathe there continues to be more homes coming on the market than homes going under contract (pending) or than homes being sold (closed). This creates a further surplus of supply in the city of Olathe. Using the past 15 days as a basis for figuring the absorption rate in Olathe, there is just shy of 12 months of inventory on the market. Keep in mind that a 15-day period is a small sampling of market activity designed to look at the what’s going on short term in the current Olathe real estate market. While a 15-day period could indicate a trend it does not necessarily show a real estate market’s long-term trend.
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1) In the Subject line put “Receive subdivision updates”.
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Note: Once completed, you’ll receive an email catching you up with the current market activity in your area. You’ll then receive an email update when homes in your area are listing, go pending, change price or are sold.
Posted by Jason A. Brown
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