Tag Archives: Olathe Real Estate

Olathe Kansas Real Estate Market – February 2015 Update

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The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 40 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 5.4 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $327,000, while the average sales price during the same time period was around $234,000.

Type # Average $ Avg DOM
Listings Past 15 Days 136 $326,500 —
Total Active Listings 435 — —
Newest Contracts Written 130 $258,024 75
Sold (closed) Past 15 Days 40 $233,379 85

* 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 40 homes sold in Olathe Kansas were on the market an average of 85 days, while the 130 homes to go under contract during the same time period did so in 75 days on average. We can assist you with buying or selling a home in Olathe, so contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

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Listing Agents In Olathe Kansas

Buyer’s Agents In Olathe Kansas

Posted by Jason Brown

 

Olathe Kansas Real Estate Market – January 2015 Update

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The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 33 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 6.8 months of inventory on the market. This amount of inventory indicates a balanced real estate market in the city of Olathe. Be aware that the low sales rate due to the holidays often leads to a temporarily inflated months of inventory at this time of year. The average new listing the past 15 days came on the market around $241,000, while the average sales price during the same time period was around $264,000.

Type # Average $ Avg DOM
Listings Past 15 Days 47 $240,642 —
Total Active Listings 452 — —
Newest Contracts Written 55 $233,404 82
Sold (closed) Past 15 Days 33 $264,253 76

* 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 33 homes sold in Olathe Kansas were on the market an average of 76 days, while the 55 homes to go under contract during the same time period did so in 82 days on average. We can assist you with buying or selling a home in Olathe, so please contact The Jason Brown Group with all of your area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

Search All Olathe Kansas MLS Listings

View More Local Market Stats

Listing Agents In Olathe Kansas

Buyer’s Agents In Olathe Kansas

Posted by Jason Brown

 

Olathe Kansas Real Estate Market – August 2014 Update

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The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 106 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 2.4 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $260,000, while the average sales price during the same time period was around $240,000.

Type # Average $ Avg DOM
Listings Past 15 Days 167 $260,284 —
Total Active Listings 510 — —
Newest Contracts Written 128 $261,197 58
Sold (closed) Past 15 Days 106 $240,243 59

* 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 106 homes sold in Olathe were on the market an average of 59 days, while the 128 homes to go under contract during the same time period did so in 59 days on average. We can assist you with buying or selling a home in Olathe Kansas, so contact The Jason Brown Group with all of your Olathe area real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

Search All Olathe Kansas MLS Listings

View More Local Market Stats

Listing Agents In Olathe Kansas

Buyer’s Agents In Olathe Kansas

Posted by Jason Brown

 

Olathe Kansas Real Estate Market – June 2014 Update

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The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 106 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.4 months of inventory on the market. This amount of inventory indicates a slight seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $271,000, while the average sales price during the same time period was around $248,000.

Type # Average $ Avg DOM
Listings Past 15 Days 159 $270,888 —
Total Active Listings 462 — —
Newest Contracts Written 144 $245,913 45
Sold (closed) Past 15 Days 106 $247,783 68

* 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 106 homes sold in Olathe Kansas were on the market an average of 68 days, while the 144 homes to go under contract during the same time period did so in 45 days on average. We can assist you with buying or selling a home in Olathe Kansas, so please contact The Jason Brown Group with all of your Olathe Kansas real estate questions. You can also start the process by finding detailed real estate information on our site regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

Search All Olathe Kansas MLS Listings

View More Local Market Stats

Listing Agents In Olathe Kansas

Buyer’s Agents In Olathe Kansas

Posted by Jason Brown

 

Olathe Kansas Real Estate Market Update – February 2014 Update

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Checking The Pulse Of The Kansas City Real Estate Market

Olathe Kansas Real Estate Update
Recent Real Estate Market Activity In Olathe KS

Using the 46 homes sold in Olathe Kansas the past 15 days to calculate the absorption rate in the city, we find there’s currently 4.5 months of inventory on the market. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $280,000, while the average sales price during the same time period was around $224,000.

Type # Average $ Avg DOM
Listings Past 15 Days 99 $279,934 —
Total Active Listings 417 — —
Newest Contracts Written 89 $211,672 79
Sold (closed) Past 15 Days 46 $224,411 109

* 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 46 homes sold in Olathe Kansas were on the market an average of 109 days, while the last 89 homes to go under contract did so in an average of 79 days. We can assist you with buying or selling a home and please contact us with any questions you have about real estate in Olathe Kansas. You can also find detailed local real estate information on our site regarding selling an Olathe Kansas home or buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

Search All Olathe Kansas MLS Listing

View More Local Market Stats

Listing Agents In Olathe Kansas

Buyer’s Agents In Olathe Kansas

Posted by Jason Brown

 

Kansas Real Estate Market Remains Solid As We Head Into The Holiday Season

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Checking The Pulse Of The Kansas City Real Estate Market


The recently released Kansas Association of Realtor real estate market stats (covering October home sales activity) show a continued strengthening of the housing market in Kansas. Compared to last October, home sales volume increased 3.5%. This follows up last month’s 15.5% increase in home sales volume.

Photo 1552

The state of Kansas is in a balanced real estate market for the second month in a row with 5.5 months of inventory on the market. This is up from the 5.3 months of inventory last month month. The average home sale price in Kansas rose 8.4% in comparison to October of last year and this matches last month’s 8.4% increase. Home sales volume has increased every month-over-month for more than two years. 

Locally in the Johnson County Kansas, a seller’s real estate market continues with 739 homes sold (closed) during the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 3.0 months of inventory currently for sale. This amount of inventory indicates the presence of a strong seller’s market as we head into the holiday season.

SEARCH HOMES FOR SALE IN KANSAS CITY, JOHNSON COUNTY KS AND THE SURROUNDING AREAS


Posted by Jason Brown

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Seller’s Real Estate Market Gaining Steam In Johnson County Kansas And State-Wide

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Checking The Pulse Of The Kansas City Real Estate Market


The most recently released Kansas Association of Realtors real estate market stats (covering June) show a continued strengthening of the Kansas housing market. Both home sales volume and home sales price continued to rise in June. Home sales increased 5.5% compared during the month, which follows up a 14.2% jump in home sales the prior month.

Sel

The stats released a month ago showed the state of Kansas had moved into a sellers market for the first time since the market downturn years ago (with 4.0 months of inventory on the market). This update shows a continued solid seller’s market in Kansas with 4.3 months of inventory currently for sale. Home sales price rose 4.9% compared to June of last year and that follows up a 9.5% increase at last month’s update.

The Johnson County Kansas seller’s real estate market also continues with 975 homes sold (closed) the past month. Factored against the current volume of homes for sale in Johnson County Kansas, there’s 2.4 months of inventory on the market. At last month’s check Johnson County KS had 2.6 months of inventory, thus indicating a further strengthening of the seller’s market present in Johnson County Kansas.


Posted by Jason Brown

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Home Sale Prices And Volume Of Sales In Kansas Continues To Favor Home Sellers

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Checking The Pulse Of The Kansas City Real Estate Market


The most recent Kansas Association of Realtors real estate stats (for the month of May) indicates further strengthening of the state-wide housing market. Home sales volume continue to rise, as does resulting home sale prices. During the month of May in Kansas, homes sales increased 14.2% compared to May of last year. This follows up last months reported 7.8% increase in home sales.

Photo 1562

At last months check, the state was in a balanced real estate market but nearing a seller’s market (with 5.2 months of inventory). This month there is 4.0 months of inventory on the market and thus the state  has moved into a seller’s market. The rise in home sale prices was just as impressive with average sale prices rising 9.5% compared to May of last year. This follows up last month’s huge 13.7% increase in sale prices in Kansas.

Locally in the Johnson County Kansas area, the real estate market continues to heavily favor home sellers. Over the past month there were 933 homes sold (closed) and comparing this sales rate against the current volume of homes for sale, it calculates to 2.6 months of inventory on the market. This is an increase over last month’s 2.1 months of inventory but still represents a very strong seller’s real estate market in Johnson County Kansas.


Posted by Jason Brown

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With Only 2.5 Months Of Inventory In Johnson County Kansas, NOW Is The Time To Sell

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School is out and with Memorial Day weekend here we’re seeing a rush of buyers getting out to locate a new home. If you’re one of the many who have been thinking about selling your home, now is definitely the time to get your home on the market. Sellers are turning their homes quicker than we have seen in many, many years and if you price your home appropriately, it could sell within a week. Many homes that are priced slightly above comparable sales are selling within weeks due to the lack of competition on the market.

Photo 1270You may be surprised at the market stats for your area and the price at which your home could sell in today’s real estate market. Overall in Johnson County Kansas, there were 893 homes sold the past month. Compared to the volume of homes currently for sale in Johnson County Kansas, there’s just 2.5 months of inventory on the market.  Don’t hesitate to contact us to go over the market stats on your specific home community because most areas of Johnson County Kansas are in a seller’s market… Some communities are even in a STRONG seller’s market. Contact us today to discuss how we can help you get your home SOLD!


Posted by Jason Brown

If You’ve Been Holding Off On Selling Your Johnson County KS Home, NOW Is The Time

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Checking The Pulse Of The Kansas City Real Estate Market

What kind of Kansas City real estate market are we heading into this spring? The demand for homes is high, the supply of homes is low and new home construction is returning to be a player in our local market. Homes are selling in Kansas City, Johnson County Kansas, Overland Park and the surrounding areas at prices not seen since 2007 and nationally homes sales are up more than 9% for the year.

Photo 1744

The supply of homes is low, so low in fact that we’re having trouble locating homes for many buyers. This is the reality of it, though I expect the typical influx of spring listings will go a long way towards satisfying home buyer demand. If you are thinking about selling, or if you’ve held off selling attempting to wait out the real estate downturn, now is the time to sit down with us, go over your situation, and let us get to work getting your home sold. Appropriately priced homes are selling within 30 days.

Nationally, the supply of homes is down more than 20% from this time last year and at a level not seen in EIGHT years.  I’ve seen new home starts sprouting up across the metro and we’re seeing brisk sales in new home communities that had struggled mightily the past several years. Something to consider for resale sellers, the more builders that get back in the market, the more competition it is when selling… And all things being equal, buyers will choose a new home over a resale home. With interest rates so low, now is truly a better time than any in recent memory to be selling a home and making a move.

Posted by Jason Brown