Thursday, June 24, 2010

Lackman Park Place Subdivision in Olathe, KS. Real Estate Stats - It is a Good Time to Buy!

Lackman Park Place Real Estate Market Stats
Lackman Park Place is a subdivision In Olathe, Kansas
As I review the the Lackman Park Place Subdivision market statistics for the past 6 months, 15 homes were listed for sale, 4 homes were sold and 1 home is currently under contract. The average sales price in Lackman Park Place Subdivision was $188,225 and the subdivision saw a price range variance of $180,000 to $197,000.  If you'd like to know the reasons behind the close range of values, find us at, for an overview of the process we use to determine the value of your home.

The Lackman Park Place Subdivision is located in Southeastern Olathe, Kansas and is served by the Olathe School District. Many of the homes in the Lackman Park Place Subdivision were built from the 1998 through 2000. Lackman Park Place 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 5 Active listings in Lackman Park Place to the 6-month sales rate in the community, there’s a 7.5 month supply of inventory currently on the market. This means that Lackman Park Place is in a Buyer's 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 Lackman Park Place subdivision.

More Lackman Park Place Real Estate Stats:

The average current list price in the Lackman Park Place Subdivision is of $197,860. The list price is Above the 6 month average sales price. Homes in the Lackman Park Place 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 Lackman Park Place Subdivision sold for $188,225 in 89 days.
The highest priced home in the Lackman Park Place Subdivision sold for $197,000.

If you’re thinking about a move to or from the Lackman Park Place 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 Lackman Park Place 
Selling A Home In Lackman Park Place

Lackman Park Place Subdivision real estate states supplied by the Dowell Taggart Team of RE/MAX Best Associates. Your Olathe, Kansas 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

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

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