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This is probably not a good time to buy a home in the Amber Hills Estates Subdivision in Olathe, Kansas.

 

This is probably not a good time to buy a home in the Amber Hills Estates Subdivision in Olathe, Kansas.

In the past 6 months there have been 15 homes for sale in the Amber Hills Estates Subdivision. Seven homes have sold, 4 have offers and 4 are currently available for sale.

Out of the 7 homes that have sold the average home sold in 60 days for $222,143. Currently the average list price of the active homes for sale is $238,738, which is over $16,000 above the average sold price for the past 6 months.

Looking at the full stats, it appears that a few of the homes listed for sale, maybe overpriced.

If you are looking at selling a home in the Amber Hills Estates Subdivision, it may be critical to compare your home to the homes that have sold rather then the homes that are currently on the market. A few of the homes on the market have been on the market nearly 90 days. Overpricing leads to a less net in your pocket. You want to net as much as possible, don't you?

If you are looking at buying a home in the Amber Hills Estates Subdivision, I suggest getting a Comparative Market Analysis completed by a full time buyer's agent. You wouldn't want to overpay, right?

If you would like the current Amber Hills Stats e-mailed to you, send an email to the Real Estate Wizard.

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Published Tuesday, June 23, 2009 9:40 AM by Dowell Taggart Team
Attachment(s): Amber Hills Estates Subdivision.pdf

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