Thinking of buying or selling a home in the Madison Place Subdivision in Olathe, Kansas?

Madison Place Real Estate Market Stats

Madison Place is a subdivision In Olathe, Kansas

As I review the the Madison Place Subdivision market statistics for the past 6 months, 8 homes were listed for sale, 4 homes were sold and 1 home is currently under contract. The average sales price in Madison Place Subdivision was $178,100 and the subdivision saw a price range variance of $168,500 to $189,900. If you'd like to know the reasons behind the wide 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 Madison Place Subdivision is located in Southern Olathe, Kansas and is served by the Olathe School District. Many of the homes in the Madison Place Subdivision were built in the late 90's to the early 2000's. Madison 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 3 Active listings in Madison Place to the 6-month sales rate in the community, there’s a 4.5 month supply of inventory currently on the market. This means that Madison Place 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 Sell a home in the Madison Place subdivision.

More Madison Place Real Estate Stats:

The average current list price in the Madison Place Subdivision is of $178,316. The list price is Slightly Above the 6 month average sales price. Homes in the Madison Place Subdivision seem to be priced Correctly right now. Unless the active homes have SUPERIOR features, the homes may be overpriced.  

Madison Place Subdivision Real Estate Stats in Olathe, Kansas:

FACT: During the past 6 months, 4 homes have sold in the Madison Place Subdivision.

FACT: The highest sales price was $189,900 the past 6 months in the Madison Place Subdivision.

FACT: The average sales price of the 4 Madison Place Subdivision homes that have sold calculates to be $178,100.

FACT: The average Madison Place Subdivision home sold in 104 days!

If you’re thinking about a move to or from the Madison 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 Madison Place

Selling A Home In Madison Place

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Madison Place Subdivision real estate states supplied by the Dowell Taggart Team of RE/MAX Best Associates. Your Olathe, Kansas real estate specialist! If you would like real estate market stats for your subdivision, contact the Dowell Taggart Team of RE/MAX Best Associates. Subdivision Stats for your subdivision

Real Estate Stats pulled from Heartland MLS and 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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