Is the Olathe, KS. real estate market up or down? Here are the stats . . .

Not only has the Olathe, KS. real estate market seen fewer homes sold in the past 30 days compared to the previous 30 days, homes are taking longer to sell for less money.

For the past 30 days there have been 84 recorded sales according to the Heartland MLS. During the previous 30 days (off a little bit because of the shortened Feb.) there were 99 homes sold. That is 15 more homes sold in the previous 30 days.

Also during the past 30 days the average Olathe home is sold for $204,662 in 139 days. Not only is the average selling price lower, but the average days on the market has increased. For the previous 30 days the average Olathe home sold for $213,141 in 103 days.

Single family homes for the past 30 days sold $8,475 less then the previous 30 days. Not only are Olathe homeowners netting less, it is taking on average 36 more days to find the right buyer.

March Olathe, KS. Real Estate Stats (Feb. 25th to March 24th)

February Olathe, KS. Real Estate Stats (Jan. 25th to Feb. 24th)

Both stats are for single family homes in Olathe, KS.

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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