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 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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