Monday, November 7, 2016

Havencroft Subdivision Real Estate Market Report - Is it a seller's, buyer's or neutral real estate market? Olathe, KS

Havencroft Subdivision Real Estate Market Report - Olathe, KS


Is it a seller's, buyer's or neutral real estate market?

Havencroft, Havencroft subdivision, Havencroft Olathe, Olathe


September 2016 is a Seller's market in the Havencroft Subdivision*

Home For Sale in September 2016: 19 units.

Up 46.2% compared to the last month
Up 111.1% compared to the last year

Home Listed in September 2016: 21 units.

Up 133.3% compared to the last month
Up 425% compared to the last year

Home Closed in September 2016: 10 units.

0% compared to the last month
0% compared to the last year

Home Placed under Contract in September 2016: 8 units.

Up 60% compared to the last month
Up 166.7% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales


September 2016 Average Sold Price per Square Footage is Appreciating in the Havencroft Subdivision*

Average Sold Price per Square Footage in September 2016:$110 

Up 15.8% compared to the last month
Up 31% compared to the last year

September 2016 Average Days on Market trend Remains Steady in the Havencroft Subdivision*

Average Days on Market in September 2016: 16 

Up 60% compared to the last month
Down 57.9% compared to the last year

*Based on 6 month trend - Rising/Falling/Remains Steady


September 2016 is a Seller's market in the Havencroft Subdivision*

Months of Inventory based on Closed Sales in September 2016: 1.9 

Up 46.2% compared to the last month
Up 111.1% compared to the last year

*Buyer's market: more than 6 months of inventory based on closed sales
 Seller's market: less than 3 months of inventory based on closed sales
 Neutral market: 3 - 6 months of inventory based on closed sales
*




Havencroft, Havencroft subdivision, Havencroft Olathe, Olathe