Tag Archives: Olathe Realtors

Olathe Kansas real estate update for February 2016… View details on the Seller’s market & Search Olathe homes for sale

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The Jason Brown Group

Olathe KS Real Estate Update

There were 49 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 325 homes for sale in Olathe, the city has 3.3 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Olathe. The average new listing the past 15 days in Olathe Kansas came on the market around a $285,000 list price, while the average sales price during the same time frame was nearly $266,000.

Type # Average $ Avg DOM
Listings Past 15 Days 80 $284,566 —
Total Active Listings 325 — —
Newest Contracts Written 102 $256,193 67
Sold (closed) Past 15 Days 49 $266,419 74

* 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 49 homes sold in Olathe Kansas were on the market an average of 74 days, while the last 102 homes to go under contract did so in 67 days on average. We can help you further assess these Olathe real estate market stats and we look forward to assisting you with 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 Kansas home or buying an Olathe Kansas home and contact us for personal real estate assistance.

Olathe Real Estate Information

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Olathe Kansas real estate update for December 2015… View the Seller’s market breakdown & Olathe homes for sale

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The Jason Brown Group

Olathe KS Real Estate Update

There were 83 homes sold (closed) in Olathe Kansas the past 15 days. Comparing this sales rate to the current 73 homes for sale in Olathe, the city has 2.3 months of inventory on the market. This volume of real estate inventory indicates a seller’s real estate market in Olathe Kansas. The average new listing the past 15 days in Olathe Kansas came on the market around a $249,000 list price, while the average sales price during the same time frame was nearly $253,000.

Type # Average $ Avg DOM
Listings Past 15 Days 73 $248,595 —
Total Active Listings 377 — —
Newest Contracts Written 74 $254,273 59
Sold (closed) Past 15 Days 83 $252,687 69

* 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 83 homes sold in Olathe Kansas were on the market an average of 69 days, while the last 74 homes to go under contract did so in 59 days on average. We can help you further assess these Olathe Kansas real estate market stats and we looking forward to assisting you with buying or selling an Olathe home.

We give Olathe home sellers powerful representation and we get our average home 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 assist with locating all the possible area homes that fit our buyer’s needs. Get detailed information on our site regarding selling an Olathe Kansas home or buying an Olathe Kansas home and contact us when it’s time to start the real estate process.

Olathe Real Estate Information

View All Olathe Homes For Sale

Additional Real Estate Market Stats

Olathe Listing Agents

Olathe Buyer’s Agents

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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

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Listing Agents In Olathe Kansas

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Kansas Home Sale Prices Jump 19.6% On A Reduced Sales Volume

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Checking The Pulse Of The Kansas City Real Estate Market


The latest market stats from the Kansas Association of Realtors for the month April shows home sales fell 0.4% state-wide compared to April of last year. This decrease in home sales follows up a 13.1 fall in last month’s update. A low volume of available housing inventory is a main contributor to the lower volume of home sales we’re experiencing.

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Overall in the state of Kansas, we have moved backed into a slight seller’s market with 4.6 months of inventory currently for sale. This is down from the 5.4 months of inventory at last month’s update. Along with the current seller’s market was a huge jump in home sales price with the average sales price up 19.6% compared to April of last year. This rise follows up last month’s 2.0% rise in home sale prices.

Locally in Johnson County Kansas, a seller’s real estate market continues with 891 homes sold (closed) during the past 30 days. Compared to the current volume of homes for sale in Johnson County Kansas, we have 2.4 months of inventory currently for sale in Johnson County. This amount of inventory represents a firm seller’s market.

CONTACT THE JASON BROWN GROUP ABOUT BUYING OR SELLING A HOME IN KANSAS CITY, JOHNSON COUNTY KS, OVERLAND PARK OR THE SURROUNDING AREA


Posted by Jason Brown

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Home Sale Prices In Kansas On The Rise With Supply Of Homes Not Satisfying Home Buyer Demand

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Checking The Pulse Of The Kansas City Real Estate Market


The latest market stats from the Kansas Association of Realtors for the month February, shows home sales fell 2.5% state-wide. This fall was related to a shortage of available housing and not due to lessening demand. This decrease follows up a 3.8% rise in the volume of homes sales at our last monthly market update.

Photo 1082

Overall in the state of Kansas, we remain in a balanced real estate market based on the 6.5 months of inventory currently for sale. This is up slightly from the 6.4 months of inventory at last month’s update. Despite the balanced real estate market, home prices in Kansas continue rising and were up 5.8%. This follows up a 2.6% rise in sales prices at our market update last month.

Locally in Johnson County Kansas, a seller’s real estate market continues with 596 homes sold (closed) during the past 30 days. Compared to the current volume of homes for sale in Johnson County Kansas, we have 3.2 months of inventory currently for sale in the county.

CONTACT THE JASON BROWN GROUP ABOUT BUYING OR SELLING A HOME IN KANSAS CITY, JOHNSON COUNTY KS, OVERLAND PARK OR THE SURROUNDING AREA


Posted by Jason Brown

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Kansas and Missouri Are 2 Of The Top 5 States For Lowest Mortgage Closing Costs

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Checking The Pulse Of The Kansas City Real Estate Market

Interest rates are still at historical lows, the market in the metro area is as solid as it’s been in nearly decade and there’s yet another reason to buy a home in Kansas City, Johnson County KS, Overland Park and the surrounding area… Mortgage loan closing costs associated with home purchases in the metro area are some of the lowest in the country.

Photo 1529

Bankrate.com has published the results of its 2013 survey on closing costs by state, looking for which states had the lowest fees for items such as loan origination charges, credit report charges, etc. Kansas and Missouri were two of the top 5 states in the country, with Missouri coming in 2nd at an average of $2,188 per transaction and Kansas coming in 3rd at $2,193 per transaction. The national average was $2,402 in closing costs and Wisconsin had the lowest closing costs at $2,119. 


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Olathe Kansas Real Estate Market Update – June 2013 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

Comparing the sales rate the past 15 days in Olathe Kansas to the current volume of homes for sale in the city, we find 2.4 months of inventory. This volume of homes for sale indicates a strong seller’s real estate market in the city of Olathe. The average new listing the past 15 days came on the market around $233,000, while the average sales price during the time period was around $216,000.

Type # Average $ Avg DOM
Listings Past 15 Days 168 $233,414 —
Total Active Listings 526 — —
Newest Contracts Written 162 $232,556 54
Sold (closed) Past 15 Days 110 $215,656 69

* 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 110 homes sold (closed) in Olathe KS were on the market an average of 69 days. If you are planning stages of buying or selling a home in the Olathe area, please contact us about starting the process. We offer expert listing services and buyer’s agent services and you can find details on our website regarding selling an Olathe Kansas home and buying an Olathe Kansas home.

Olathe Kansas Real Estate Information

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Kansas City Real Estate News, Trends And Lifestyles Of The Rich And Famous… June 2013

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Checking The Pulse Of The Kansas City Real Estate Market

 

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Olathe Kansas Real Estate Market Update – April 2013 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

Looking at the past 15 days of real estate sales activity in the city of Olathe Kansas and comparing it to the volume of homes for sale in the city, there’s 2.7 months of inventory in the city. This amount of inventory indicates a seller’s real estate market in the city of Olathe. The average sales price the past 15 days was nearly $210,000, while the average new listing came on the market around $218,000.

Type # Average $ Avg DOM
Listings Past 15 Days 94 $217,662 —
Total Active Listings 495 — —
Newest Contracts Written 130 $227,994 80
Sold (closed) Past 15 Days 93 $209,597 92

* 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 93 homes sold (closed) in Olathe were on the market an average of 92 days. If you need the market stats on a specific area of Olathe, please contact us to request the information you need. We can assist you with buying or selling a home in Olathe or in any area of the metro, so please contact us for assistance. You can find more details here regarding selling an Olathe KS home and with buying an Olathe KS home.

Olathe Kansas Real Estate Information

Search All Olathe Kansas MLS Listing

View More Local Market Stats

Listing Agents In Olathe Kansas

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Reduced Volume Of Shadow Inventory Is Good News For Kansas City Home Sellers

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Checking The Pulse Of The Kansas City Real Estate Market

Shadow inventory is a combination of foreclosure listings that haven’t yet hit the market and seller’s who are behind 90+ days on their mortgage payments. In other words, these are the distressed homes that are VERY likely to be on the market in the near future. As such, they need to be factored into the equation when evaluating how the housing market is doing. While home sellers may view shadow inventory as a good thing in the short-term (because it’s fewer homes on the market now), overall these listings are bad news because most of them WILL eventually hit the market. 

A report by CoreLogic shows that shadow inventory stands at a 5 month supply, down from 6 months of shadow inventory a year ago and the current figure is well below the 8.4 months of shadow inventory at the January 2010 peak. Despite the improvements in shadow inventory, home prices have continued to decline nationally, according to the CoreLogic report. But that is sure to change if improvements like the reduction in shadow inventory continue.


Posted by Jason Brown

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