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Real Estate Market Report for Olathe, KS
Is it a seller’s, buyer’s or neutral real estate market?
October 2016 is a Seller’s market in Olathe, KS*
Home For Sale in October 2016: 539 homes for sale.
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Down 0.2% compared to the last month |
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Up 2.7% compared to the last year |
Home Listed in October 2016: 240 homes listed for sale.
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Down 2% compared to the last month |
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Up 9.6% compared to the last year |
Home Closed in October 2016: 195 homes sold.
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Down 22.3% compared to the last month |
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Down 1.5% compared to the last year |
Home Placed under Contract in October 2016: 139 homes under contract.
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Down 28.7% compared to the last month |
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Down 27.2% 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
October 2016 Average Sold Price per Square Footage is Appreciating in Olathe, KS*
Average Sold Price per Square Footage in October 2016:$114 per square foot.
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0% compared to the last month |
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Up 6.5% compared to the last year |
*Based on 6 month trend – Appreciating/Depreciating/Neutral
October 2016 Average Days on Market trend Remains Steady in Olathe, KS*
Average Days on Market in October 2016: 38 days on the market.
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Down 5% compared to the last month |
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Down 17.4% compared to the last year |
*Based on 6 month trend – Rising/Falling/Remains Steady
October 2016 is a Seller’s market in Olathe, KS*
Months of Inventory based on Closed Sales in October 2016: 2.8 months of inventory.
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Up 27.9% compared to the last month |
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Up 3.8% 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
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