Saturday, October 1, 2016

Olathe, Kansas Real Estate Stats - Homes for sale in Olathe KS real estate stats - Is it a good time to buy or sell in Olathe?

Olathe, Kansas Real Estate Stats - Homes for sale in Olathe KS Real Estate stats

Is it a good time to buy or sell in Olathe?


  • ·       The number of homes for sale dropped 22.5% from last month and 12.5% from last year. (This is good news if you want to sell)
  • ·       The number of homes listed for sale dropped 25% from last month and 25% from last year. (This is good news if you want to sell)
  • ·       The number of homes sold and closed is up 33.3% from last year.
  • ·       The number of home that went under contract is down 33.3% from last year.
  • ·       The average sold price per square foot is up 12.8% from last month and down 15.2% from last year.
  • ·       The average days on the market is down 21.1% from last month and down 73.7% from last year. (Homes are selling faster)
  • ·       The average sold price is down 5.8% from last month. (Home prices are starting to decline)
  • ·       The months of inventory based on homes sold and closed is down 22.2% from last month and 33.7% from last year.

Thinking of selling your home in Olathe? Real estate is local and whether it is a good time to buy or sell may depend on your local neighborhood. I have seen one subdivision that was great to sell while across the street in another subdivision it was great to buy. Contact Chris for a personalized analysis.


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Olathe homes for sale, homes for sale in Olathe KS, Olathe KS