Olathe Kansas real estate market update ~ March 2020

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 75 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 327 homes currently for sale in Olathe, the city has 2.2 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Olathe and as we head into spring. The average new listing the past 15 days in Olathe Kansas came on the market in the $360’s price range, while the average sales price of homes closed during the same time period was in the $320’s.

Type # Average $ Avg DOM
Listings Past 15 Days 139 $361,292
Total Active Listings 327
Newest Contracts Written 152 $333,005 69
Sold (closed) Past 15 Days 75 $324,761 98

* 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 75 homes sold in Olathe Kansas were on the market an average of 98 days, while the most recent 152 homes to go under contract did so in 69 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 a Olathe Kansas home.

The Jason Brown Group provides expert home seller representation, helping home sellers maximize their real estate investments by selling quickly and for top dollar. We provide expert home buyer representation, helping home buyers locate the best available homes on the market, while providing guidance all the way through the real estate process. Learn more about how we can help you with selling an Olathe home or buying an Olathe home.

We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Posted by Jason Brown

Olathe Kansas real estate update – August 2018: See details on the Seller’s market & view Olathe homes for sale

The Jason Brown Group

Olathe Kansas Real Estate Update

There were 138 homes sold (closed) in Olathe Kansas the past 15 days. In comparison to the 429 homes currently for sale in Olathe, the city has 1.6 months of inventory on the market. This volume of real estate inventory indicates a strong seller’s market in Olathe and the same type of market we’ve seen the past few years in the area. The average new listing the past 15 days in Olathe Kansas came on the market around a $303,000 list price and the average sales price during the same time period was nearly $299,000.

Type # Average $ Avg DOM
Listings Past 15 Days 174 $303,152
Total Active Listings 429
Newest Contracts Written 123 $273,860 30
Sold (closed) Past 15 Days 138 $299,159 38

* 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 138 homes sold in Olathe Kansas were on the market an average of 38 days, while the last 123 homes to go under contract did so in 30 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 provides expert home seller representation, currently getting most of our homes under contract in 21 days and sold for 101% of list price. We provide expert home buyer representation through the real estate process, while helping clients locate the best available area homes for sale. Learn more about how we can help you with selling an Olathe home or buying an Olathe home. We look forward to helping you achieve your real estate goals… Contact Jason Brown today!

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Posted by Jason Brown

 

Olathe Kansas Real Estate Update – May 2010

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.

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Posted by Jason A. Brown

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