It is a Strong Sellers Market! Scarborough Subdivision Facts and Stats - Olathe Real Estate Stats

Scarborough Subdivision Facts and Stats - Olathe Real Estate Stats

With a .15% change, the median estimated home value increased to $163,000 during the past month in the Scarborough subdivision.

The median household income in the Scarborough subdivision is $78,224.

 The Scarborough is an older subdivision with a -20.2% population change since 2000.

According to the Kansas City Heartland MLS, 16 single family homes have been available for sale in the Scarborough subdivision in the past 30 days. Five homes have sold, six homes are under contract and five homes are still available for sale.

The average Scarborough subdivision home was listed for $142,960 and sold for $139,185 in 76 days. The highest priced home sold for $171,850.

Is it a good time to buy or sell in the Scarborough subdivision in Olathe? It is a great time to sell! With a 1 month supply of real estate inventory, it is a strong seller's real estate market.

If you live in the Scarborough subdivision and would like to see the value of your home, please go to Find My Home Value or feel free to contact the Dowell Taggart Team at 913.712.9313. We would be happy to share our real estate facts and data with Scarborough homeowners.
Thinking about buying a home in the Scarborough subdivision or any other home in Olathe, KS., go to: SearchFor Homes For Sale in Olathe, KS. or feel free to contact the Dowell Taggart Team at 913.712.9313.

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Scarborough Subdivision in Olathe, Kansas Real Estate Stats

Scarborough Subdivision in Olathe, Kansas Real Estate Stats
The Scarborough Subdivision is located just Southwest of 151st and Murlen.

 Scarborough Subdivision Real Estate Stats for the past 6 months:

• 11 homes have been listed for sale
• 4 homes are currently for sale
• 7 homes were sold
• The average home sold for $161,957 in 111 days
• The highest priced home sold for $189,200

Real Estate Stats for the Scarborough Subdivision for the past year:

• The Median Listing Price is $174,450
• The 12 month change for the Median Listing Price is 11%

RE/MAX sells more homes than any other real estate company.

For a reason...should we talk?

Let us know what you think or add to our blog by writing a comment. Do you have a real estate question for the Real Estate Wizards? Email us at RealEstateWizard@DowellTaggart.com

Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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Scarborough Real Estate Market Stats

Scarborough   is a subdivision In Olathe, KS.

As I review the the Scarborough Subdivision market statistics for the past 6 months, 47 homes were listed for sale, 12 homes were sold and 3 homes are currently under contract. The average sales price in Scarborough Subdivision was $170,779 and the subdivision saw a price range variance of $138,000 to $193,000.  If you'd like to know the reasons behind the close range of values, find us at www.dowelltaggart.com, for an overview of the process we use to determine the value of your home.

The Scarborough Subdivision is located in Southeast Olathe, Kansas and is served by the Olathe School District. Many of the homes in the Scarborough Subdivision were built from the 1976 through 1994. Scarborough is a popular Olathe, Kansas subdivision and is located near dining, shopping and park amenities and near access to I-35 highway in Olathe.

As an example, when comparing the 11 Active listings in Scarborough to the 6-month sales rate in the community, there’s a 5.5 month supply of inventory currently on the market. This means that Scarborough is in a Neutral real estate market. A neutral real estate market is defined that when the real estate inventory takes 4-6 months to sell. A sellers market is defined when the real estate inventory takes less than 4 months to sell and a buyers market is when inventory takes 6 months or longer to sell. With the current market is is a good time to BUY a home in the Scarborough Subdivision.

More Scarborough Real Estate Stats:

The average current list price in the Scarborough Subdivision is of $178,518. The list price is above the 6 month average sales price. Homes in the Scarborough Subdivision seem to be priced a little high right now. Unless the active homes have superior features, the homes may be overpriced.  

The average home in the Scarborough Subdivision sold for $170,779 in 52 days.

The highest priced home in the Scarborough Subdivision sold for $193,000.

If you’re thinking about a move to or from the Scarborough Subdivision or another area of Olathe, Kansas, would you prefer to review your real estate objectives with an amateur or a professional? When you'd prefer a professional opinion, let's talk....

Buying A Home In Scarborough

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Sarborough Subdivision real estate states supplied by the Dowell Taggart Team of RE/MAX Best Associates. Your Olathe, KS. real estate specialist!

Real Estate Stats pulled from Heartland MLS & deemed reliable but not guaranteed; Check the post date for relevancy; Stats cover approximately the past 6 months of real estate market activity.

Let us know what you think or add to our blog by writing a comment.

Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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