Olathe
Homes for Sale Olathe Real Estate Market Update suburban Kansas City Johnson County September 1st, 2009
As of September 1st, 2009 there are 94 homes in Olathe with an asking price at $125,000 or less. Since April 1st 2009 116 Olathe homes in KS have sold for $125,000 or less. Seller advantage in this price range as demand is exceeding supply. The stimulus package is creating artificial demand, but hey, at least homes are moving. Buyers in this price range looking for a short commute to downtown Kansas City might also be considering homes in Roeland Park.
Olathe homes for sale with an asking price between $125,000 and $200,000
As of September 1st, 2009 there are 302 homes in Olathe with an asking price between $125,000 and $200,000. Since April 1st 2009 422 Olathe homes in KS have sold between $125,000 and $200,000. This is the hot price range in Olathe right now. If you have a home in Olathe KS in this price range you, please contact me at ken@kansascityrealestate411.com
Olathe homes for sale with an asking price between $200,000 to $265,000
As of September 1st, 2009 there are 217 Olathe Kansas homes listed for sale in with an asking price of $200,000 to $265,000. Since April 1st, 2009 263 Olathe KS homes have
sold in with a selling price between $200,000 and $265,000. Still a seller advantage. It will be interesting to see what happens to demands once the housing stimulus package expires.
Olathe homes for sale with an asking price between$265,000 to $350,000
As of September 1st, 2009 there are 150 Olathe Kansas homes listed for sale in with an asking price of $265,000 to $350,000. Since April 1st, 2009 104 Olathe KS homes have sold in with a selling price between $265,000 and $350,000. There are more sellers than buyers so the advantage in this price range goes to the home buyer.
Olathe homes for sale with an asking price between $350,000 to $500,000
As of September 1st, 2009 there are 125 homes in Olathe homes listed for sale with an asking price between $350,000 to $500,000. Since April 1st, 2009 84 Olathe homes have
sold in between $350,000 and $500,000. Buyers in the price range may also be considering homes in Overland Park KS and Leawoood KS.
As of September 1st, 2009 there are 51 Luxury homes in Olathe with an asking price of $500,000 or more. Since April 1st, 2009 17 homes have sold in Olathe, KS at the $500,000+ price point.
Buyers in the half million dollar plus price range are probably also considering homes in Leawood Kansas, Overland Park Kansas or possibly Mission Hills Kansas.
Sales volume in on the upswing. Credit is getting slightly easier to obtain although it will not return, at least anytime soon, to the easy credit access of 2003-2005. Those days are long
gone.Buyers are very interested in the $8,000 tax credit which is spurring interest in the market.
In General, interest rates are at or near generational lows, assuming you have good credit. Now is a great time to buy, while activity is starting up and there is time to get your low interest rate locked in.
Olathe is home to International employer Garmin.
Two of quick and easy places to eat in Olathe are – Jersey Mike’s sub shop at 151st and Blackbob and 5 Guys hamburgers at 135th and Blackbob.
Ken Jansen Broker Associate, CRS, ABR, CLHMS, ePRO, CSP
Keller Williams Realty Partners, Inc. Overland Park KS 66210
Phone 913-908-2215
Fax 913-744-2714
email Ken@KenJansenSellsHomes.com
website www.KansasCityRealEstate411.com
