Real Estate Market Report for the Devonshire Subdivision in Olathe, KS
Is it a buyer's, seller's or a neutral real estate market?
September 2016 is a Seller's market in the Devonshire Subdivision*
Home For Sale in September 2016: 2 units.
| • | Down 50% compared to the last month |
| • | Up N/A compared to the last year |
Home Listed in September 2016: 1 units.
| • | Down 75% compared to the last month |
| • | 0% compared to the last year |
Home Closed in September 2016: 2 units.
| • | Down 71.4% compared to the last month |
| • | 0% compared to the last year |
Home Placed under Contract in September 2016: 1 units.
| • | Down 50% compared to the last month |
| • | 0% 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 Devonshire Subdivision*
Average Sold Price per Square Footage in September 2016:$124
| • | Up 11.7% compared to the last month |
| • | Up 49.4% compared to the last year |
*Based on 6 month trend - Appreciating/Depreciating/Neutral
September 2016 Average Days on Market trend Remains Steady in the Devonshire Subdivision*
Average Days on Market in September 2016: 26
| • | Up 550% compared to the last month |
| • | Up 4% compared to the last year |
*Based on 6 month trend - Rising/Falling/Remains Steady
September 2016 is a Seller's market in the Devonshire Subdivision*
Months of Inventory based on Closed Sales in September 2016: 1
| • | Up 70% compared to the last month |
| • | Up N/A 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
No comments:
Post a Comment
Thanks for commenting!