Olathe Kansas Real Estate Update
There were 50 homes sold (closed) in Olathe Kansas the past 15 days. Comparing that sales volume to the 163 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 a lack of inventory to meet buyer demand. The average new listing the past 15 days in Olathe Kansas came on the market in the $450’s price range, while the average sales price of homes closed during the same time period was in the $380’s.
| Type | # | Average $ | Avg DOM |
| Listings Past 15 Days | 37 | $455,744 | — |
| Total Active Listings | 163 | — | — |
| Newest Contracts Written | 47 | $526,563 | 476 |
| Sold (closed) Past 15 Days | 50 | $388,075 | 18 |
* 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 50 homes sold in Olathe Kansas were on the market an average of 18 days, while the most recent 47 homes to go under contract did so in 46 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, 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!
Posted by Jason Brown
