Monday, November 7, 2016

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

South Hampton Subdivision Real Estate Market Report


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

South Hampton, South Hampton Olathe, South Hampton Subdivision, Olathe


September 2016 is a Buyer's market in the South Hampton Subdivision*

Home For Sale in September 2016: 8 units.

Up 100% compared to the last month
Up 33.3% compared to the last year

Home Listed in September 2016: 5 units.

Up 25% compared to the last month
0% compared to the last year

Home Closed in September 2016: 1 units.

Down 66.7% compared to the last month
Down 66.7% compared to the last year

Home Placed under Contract in September 2016: 0 units.

Down 100% compared to the last month
Down 100% 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 Neutral in the South Hampton Subdivision*

Average Sold Price per Square Footage in September 2016:$105 

Down 5.4% compared to the last month
Up 7.1% compared to the last year

*Based on 6 month trend - Appreciating/Depreciating/Neutral


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

Average Days on Market in September 2016: 3 

Down 82.4% compared to the last month
Down 81.2% compared to the last year

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


September 2016 is a Buyer's market in the South Hampton Subdivision*

Months of Inventory based on Closed Sales in September 2016: 8 

Up 502.5% compared to the last month
Up 300% 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





South Hampton, South Hampton Olathe, South Hampton Subdivision, Olathe