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Showing posts with label Cambridge Point. Show all posts
Showing posts with label Cambridge Point. Show all posts

Friday, August 20, 2010

It is a Seller's Market in the Cambridge Point Subdivision - Olathe Real Estate Stats

Cambridge Point Real Estate Market Stats
Cambridge Point is a subdivision In Olathe, Kansas
As I review the the Cambridge Point Subdivision market statistics for the past 6 months, 18 homes were listed for sale, 8 homes were sold and 1 home is currently under contract. The average sales price in Cambridge Point Subdivision was $175,716 and the subdivision saw a price range variance of $143,000 to $187,500. 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 Cambridge Point Subdivision is located in Northeastern Olathe, Kansas and is served by the Olathe School District. Many of the homes in the Cambridge Point Subdivision were built in the mid to late 80's. There are currently no new homes for sale in the Cambridge Point Subdivision. Cambridge Point 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 Cambridge Point to the 6-month sales rate in the community, there’s a 2.25 month supply of inventory currently on the market. This means that Cambridge Point is in a Seller'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 Sell a home in the Cambridge Point subdivision.


More Cambridge Point Real Estate Stats:


The average current list price in the Cambridge Point Subdivision is of $177,967. The list price is Slightly Above the 6 month average sales price. Homes in the Cambridge Point Subdivision seem to be priced Correctly right now. Unless the active homes have SUPERIOR features, the homes may be overpriced.  


Cambridge Point Subdivision Real Estate Stats in Olathe, Kansas:

FACT: During the past 6 months,
 8 homes have sold in the Cambridge Point Subdivision.

FACT: The highest sales price was $187,500 the past 6 months in the Cambridge Point Subdivision.

FACT: The average sales price of the 8 Cambridge Point  Subdivision homes that have sold calculates to be $175,716.

FACT: The average Cambridge Point  Subdivision home sold in 87 days!



If you’re thinking about a move to or from the Cambridge Point 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 Cambridge Point
Selling A Home In Cambridge Point


Cambridge Point 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


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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