Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market
Real Estate Info for The City of Olathe KS
Recent 15 Days of Olathe Kansas Market Activity
Today we take a look at the Olathe Kansas real estate market. Using the past 15 days of Olathe market stats (see chart below), we can figure the absorption rate in Olathe and then calculate the city currently has 6.7 months of inventory on the market. This is high but better than some other parts of the Kansas City metro area. To work off 900+ homes for sale in the city, we’ll need to pick up the pace of under 150 sales per month. The newest contracts written the past 15 days don’t indicate that’s the trend as there were almost the exact same amount of homes that went under contract as homes sold.
Type |
# |
Average $ |
Avg DOM |
Listings Past 15 Days |
103 | $239,360 |
– |
Total Active Listings |
933 |
– |
– |
Newest Contracts Written |
71 | $233,323 | 77 |
Newest Sold (Closed) |
70 | $212,475 | 109 |
* The Average $ of Newest Contracts considers the price the homes were listed at when they went under contract. Data pulled from Heartland MLS and deemed reliable but not guaranteed. Low samplings in any category can skew results. Stats may not be an exact 15 days from date of this post. DOM = Days On Market.
If you’re considering purchasing or selling a home in Olathe Kansas, you’ll need detailed market statistics on the areas that interest you. You’ll also need personalized real estate service and representation to get the best and deal and to make the home search efficient. Please let me know how I can assist you.
View Past Real Estate Stats On Olathe KS
View All Listed Olathe KS Homes For Sale
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Posted by Jason A. Brown