Olathe, KS: Two Trails Real Estate – 5 homes have sold in the Two Trails Subdivision between $124,950 -$184,300 in the past 6 months.

Olathe, KS: Two Trails Real Estate

5 homes have sold in the Two Trails Subdivision
between $124,950 -$184,300 in the past 6 months. 
The
real estate activity in the past year has affected the value of your home.
Thinking
of selling or you would like to know how the value of your home has been
affected?
Instantly
find out the value of your home in Two Trails . . .
Two Trails, Olathe, Olathe KS, Olathe Kansas

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Olathe, Kansas: Parkhill Manor Real Estate Stats – 7 homes have sold in the Parkhill Manor Subdivision between $229,500-$303,500 in the past 6 months.

Olathe, Kansas: Parkhill Manor Real Estate Stats

7 homes have sold in the Parkhill Manor Subdivision
between $229,500-$303,500 in the past 6 months. 
The
real estate activity in the past year has affected the value of your home.
Thinking
of selling your house or you would like to know how the value of your home has been
affected?
Instantly
find out the value of your home in Parkhill Manor . . .
Parkhill Manor, Olathe, Olathe KS, Olathe Kansas

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Olathe, KS: Tomahawk Trails Real Estate Stats – 8 homes have sold in the Tomahawk Trails Subdivision between $173,500-$200,000.

Olathe, KS: Tomahawk Trails Real Estate Stats

8 homes have sold in the Tomahawk Trails Subdivision
between $173,500-$200,000 in the past 6 months. 
The
real estate activity in the past year has affected the value of your home.
Thinking
of selling your home or you would like to know how the value of your home has been
affected?
Instantly
find out the value of your home in Tomahawk Trails . . .
Tomahawk Trails, Olathe, Olathe KS, Olathe Kansas

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Olathe Real Estate: Bella Vista Real Estate Stats – 5 homes have sold in the Bella Vista Subdivision between $151,000-$263,500.

Olathe Real Estate: Bella Vista Real Estate Stats

5 homes have sold in the Bella Vista Subdivision between $151,000-$263,500. 


The real estate activity in the past year has affected the value of your home.

Thinking of selling or you would like to know how the value of your home has been affected?

Instantly find out the value of your home in Bella Vista . . .
bella Vista, homes for sale in Olathe, Olathe, Olathe KS, Olathe Kansas

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Olathe Real Estate: Stonehurst Subdivision Real Estate Stats

Olathe Real Estate: Stonehurst Subdivision Real Estate Stats

The average sold price has increased 26.9%  in the past 4 years. The increase in the sales price has affected the value of your home.


Instantly find out the value of your home in Stonehurst

homes for sale in Olathe, Stonehurst, Stonehurst subdivision

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Woodland Creek Subdivision Real Estate – Find out the value of your home in Woodland Creek

Woodland Creek Subdivision Real Estate

With the median estimated home value increasing .06% in the past month, wouldn’t you like to know how this affects your home value?

Instantly find out the value of your home in Woodland Creek Subdivision by entering your address below . . .


Olathe Real Estate

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Olathe Parks and Recreation Host Annual Teen Bash at the Olathe Community Center

Olathe Parks and Recreation Host Annual Teen Bash at the Olathe Community Center on Tuesday, Jan. 3

The Olathe Parks and Recreation and the Olathe Communities that Care Coalition will host the annual Teen Bash on Tuesday, Jan. 3, from 6:30 to 9 p.m. at the Olathe Community Center, 1205 E. Kansas City Rd.  The free event for teens will feature swimming, gym time, refreshments, and prizes. 


Parents are invited to stay and enjoy refreshments and hear from local experts in the area of alcohol and drug prevention from 6:30 to 7:30 p.m. Following the presentation, parents can visit with Olathe Police Department officers during the Coffee with a Cop program

Admission to the event is a donation of two non-perishable items.  Registration is required online, by phone at 913-971-8563, or in person at the Olathe Community Center. The registration code 14014.
Olathe, Olathe KS, Olathe Kansas

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5 year trend for the absorption rate for Olathe, KS

5 year trend for the absorption rate for Olathe, KS

Absorption Rate


About Absorption Rate Report
There are 2 kinds of Absorption Rate as follows:

  1. Absorption Rate based on Closed Sales (%)
    Absorption Rate based on Closed Sales (%) = the number of properties sold divided by the number of properties for sale (in percentage).
    For instance, if there are 1,000 active listings and 100 of them sold in a given month, the rate of absorption would be 10%. 10% of the market is being sold in that given month.
  2. Absorption Rate based on Pended Sales (%)
    Absorption Rate based on Pended Sales (%) = the number of properties pended divided by the number of properties for sale (in percentage).
The Rate of Absorption measures the inverse of Months of Inventory and represents how much of the current active listings (as a percentage) are being absorbed (sold or pended) each month. The Absorption Rate is presented as a percentage (%) of the current inventory. 

How to Use Months of Inventory Report? 

Refer to For Sale vs. Sold Report for the number of properties for sale, pended and sold that are used to calculate the Months of Inventory report. As a rule of thumb, an absorption rate of less than 16.67% indicates a strong buyer market while an absorption rate level greater than 33.33% indicates a seller’s market.

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5 year trend for real estate inventory for Olathe, KS

5 year trend for real estate inventory for Olathe, KS

Months of Inventory Report


About the Months of Inventory Report

There are 2 kinds of Months of Inventory as follows:

  1. Months of Inventory based on Closed Sales (MOI based on Closed Sales)
    MOI based on Closed Sales = the number of properties for sale divided by the number of properties sold.
  2. Months of Inventory based on Pended Sales (MOI based on Pended Sales)
    MOI based on Closed Sales = the number of properties for sale divided by the number of properties pended.

How to Use Months of Inventory Report?
Refer to For Sale vs. Sold Report for the number of properties for sale, pended and sold that are used to calculate the Months of Inventory report. As a rule of thumb, an inventory level of less than three indicates a strong seller market while an inventory level greater than six indicates a buyer’s market.

 
   

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5 year trend for the average sales and median sales price for Olathe, KS

5 year trend for the average sales and median sales price for Olathe, KS

Average Price For Sale & Sold Report


What Does Average Price For Sale & Sold graph mean?

  • The Average Price For Sale is the average of list price of the properties for sale in a particular month. The Average Price Sold is the average of sold price of the properties sold in a particular month. Displaying both the Average Price For Sale and Average Price Sold line charts in a graph portrays the relationship between the on and off market pricing.
What Does Average Price For Sale & Sold Report Do?
  • It helps determine whether the market is a buyer or seller market. If the average listing price and average sold price are the closest, the area has the healthiest market.
  • It helps identify where the softest market is and where the buyer can find the biggest price concessions.
  • It helps determine if there is any change in property value for a specific area.
How to Use Average Price For Sale & Sold Report?
  • Refer to For Sale vs. Sold Report for the number of properties sold. If a very expensive or very cheap home has been sold, these statistics can be skewed up or down, and the trend line can fluctuate with less consistency.
  • If the average sold price is below the average listing price, and falling, the market is moving toward a buyers’ market. If the average sold price trend is up or above the average listing price, the market is moving toward a sellers’ market.

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