Northeast Olathe, Kansas Real Estate:Listings: Down 36% from September 2008 to October 2008
Sales: Up 12% from September 2008 to October 2008
Days on the Market: The Days on the Market increased 7% from September 2008 to October 2008
Total Homes Listed from July, 2008 to present: 117 homes were listed in the Northeast Olathe, Kansas area the past 4 months.
Total Homes Off the Market from July, 2008 to present: 63 Homes either expired, canceled or were withdrawn from the Northeast Olathe real estate market.
Total Homes Sold from July, 2008 to present: 79 single family homes sold the past 4 months.
An average home sold for 56 days for $212,931 during the past 4 months in Northeast Olathe, Kansas in Johnson County. The lowest priced home in Northeast Olathe, Kansas sold for $109,388 and the highest priced home sold for $404,080.
Northeast Olathe, Kansas is located East of I-35 and just North of Santa Fe in Olathe.
Is it a good time to buy or sell in Northeast Olathe, Kansas?
Although Northeast Olathe is one of only a handful of areas that has seen an increase in sales from September to October, It is still a good time to buy in the Northeast Olathe, Kansas area because there is still more homes for sale then buyers looking for homes. Currently, in November, sales have really slipped and the days on the market has increased almost doubled. Northeast Olathe is still an affordable area and I see sales increasing in December and January. Buyers who wait may not ever see the real estate deals that are in the real estate market place currently.
The City of Olathe, Kansas qualifies for the
Kansas City Real Estate Stimulus Package. For more information about the
Kansas City Real Estate Stimulus Package, please contact the
Dowell Taggart Team of Infinity Realty.
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