Tag Archives: Olathe KS Realtor

Olathe KS real estate update for July 2016… Get details on the strong Seller’s market & search Olathe homes for sale

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The Jason Brown Group

Olathe KS Real Estate Update

There were 142 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 368 homes 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 real estate market in Olathe. The average new listing the past 15 days in Olathe Kansas came on the market around a $258,000 list price, while the average sales price during the same time frame was nearly $270,000.

Type # Average $ Avg DOM
Listings Past 15 Days 161 $268,416 —
Total Active Listings 368 — —
Newest Contracts Written 155 $252,361 33
Sold (closed) Past 15 Days 142 $269,723 51

* 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 142 homes sold in Olathe Kansas were on the market an average of 51 days, while the last 155 homes to go under contract did so in 33 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 gives Olathe home sellers powerful representation and we get our average listing sold within 60 days and for more than 98% of list price. We represent Olathe home buyer’s best interests throughout the home buying process and help with locating all area homes for sale that fit our buyer’s needs. Get an overview of how we will assist you in selling an Olathe home or buying an Olathe home and contact us for personal real estate assistance.

Olathe Kansas Real Estate Information

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Posted by Jason Brown

 

Top 10 Things To Do If You Want To Kill Your Kansas City Home Sale

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Checking The Pulse Of The Kansas City Real Estate Market

Just when I think I’ve seen it all, I walk into a home this week that has three puppies in the master bath tub. The showing directions indicated dogs would be kenneled but who knew this is what that could mean? My buyer was not amused and I was – well, I was slightly amused – until I realized my time had just been wasted because my client had no further interest in the home. So this got me thinking, what are some of the craziest things I’ve seen that turned my buyers off when viewing a home. Here’s my top 10 list of things to do if you want to kill your Kansas City home sale…


1. Put 3 puppies in the jetted corner tub.
2. Sit the cat litter in the entry way.
3. Have a front door lock that falls off when opening the door.
4. Tell the appraiser about an upcoming neighborhood foreclosure.
5. Tell the buyer the mold isn’t bad enough to mitigate.
6. Have Marmaduke’s cousin roaming the home during a show.
7. Have standing water on your basement floor.
8. Stay at home for the showing and tell the buyers to take their time.
9. Have bugs in the home and a note that the seller is willing to exterminate.
10. Tell buyer’s agent they have a 15 minute window to show your home.


And I don’t dare say I’ve seen it all because no sooner would I say that than carnival music would start playing and the bearded lady would greet me at one of my showings tomorrow.


Posted by Jason A. Brown

Olathe Kansas Real Estate Update – July 2009

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Hands On The Heartland
Checking The Pulse Of The Kansas City Real Estate Market


City of Olathe KS Real Estate Update
Past 15 Days of Olathe Kansas Real Estate Stats
Type
#
Average $
Avg DOM
Listings Past 15 Days
 134 $223,091
–
Total Active Listings
 931
–
–
Newest Contracts Written
 103 $220,425 107
Newest Sold (Closed)
 66 $231,107 134

* 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.

Olathe Kansas Real Estate

Olathe Kansas Real Estate

Using these past 15 days of market stats to figure the absorption rate in Olathe Kansas, there’s currently 7.05 months of inventory on the market. This is higher than that’s what we’re seeing in Johnson County Kansas as a whole.  However, as we’ve also been seeing in other cities over the past several months, the number of contracts being written is higher than homes sold over the given period – which is a promising trend.

In Olathe, there were 37 more contracts written than homes closed (went under contract at some point previously). If we use the number of contracts pending (rather than solds) to figure the absorption rate, there’s 4.5 months of inventory on the market in Olathe. Of course, all those homes with contracts written would have to make it closing, which is never likely. Looking at 15 days of market stats is a small snap shot of Olathe Kansas local activity. Market conditions certainly vary greatly from one subdivision to another, so don’t take just a macro look at market activity. when making your real estate decisions. Contact me to obtain detailed market stats on the area that interests you.

View Past Olathe Kansas Real Estate Stats

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View All Olathe Kansas Homes On Kansas City MLS

Posted by Jason A. Brown

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