Is it a good time to sell your home in Olathe, KS? Olathe KS Real Estate

Is it a good time to sell your home in Olathe, KS?

Olathe KS Real Estate

First, let's look at the most fundamental concept of economics, Supply and Demand. Demand refers to how much of a product is desired by buyers. The quantity demanded is the amount of product people are willing to buy at a certain price. Supply represents how much the market can offer. When demand is high and supply is low, the product will sell fast and at a higher price.

Now look at the real estate market in Olathe. The amount of real estate inventory for sale has declined in the past five years. During that same period, the amount of homes sold has increased.

So what is currently happening in the real estate market in Olathe? Homes are selling fast and for TOP Dollar. If you are looking to sell in Olathe, now is a great time to sell. Sure you could wait, but then you run the risk of the real estate market changing. For a quick lesson on the relationship of Supply and Demand, follow this link - Supply and Demand.