Olathe Kansas, suburban Kansas City, Real Estate Market Update June 27th, 2009

Olathe Kansas, suburban Kansas City, Real Estate Market Update June 27th, 2009

Olathe is a large and growing city in Kansas with quite a variety of homes for sale. Let's break down the Olathe real estate market by range

How many homes are for sale in Olathe at or under $200,000?

As of June 27th, 2009 there are 379 homes listed for sale in Olathe Kansas, suburban Kansas City in Johnson County listed at $200,000 or less. Since January 1st, 2009 362 homes have sold in Olathe, KS at $200,000 or less

How many homes are for sale in Olathe from $200,000 to $350,000?

As of June 27th, 2009 there are 408 homes listed for sale in Olathe Kansas, suburban Kansas City in Johnson County listed at $200,000 to $350,000. Since January 1st, 2009 307 homes have sold in Olathe, KS between $200,000 and $350,000

How many homes are for sale in Olathe from $350,000 to $500,000?

As of June 27th, 2009 there are 136 homes listed for sale in Olathe Kansas, suburban Kansas City in Johnson County listed at $350,000 to $500,000. Since January 1st, 2009 71 homes have sold in Olathe, KS between $350,000 and $500,000

How many homes are for sale in Olathe for $500,000 or more?

As of June 27th, 2009 there are 55 homes listed for sale in Olathe Kansas, suburban Kansas City in Johnson County listed at $500,000 or more. Since January 1st, 2009 12 homes have sold in Olathe, KS at the $500,000 price point

How fast are the homes selling and how much are Olathe homes selling for?

Since January 1st, 2009 38 homes have sold and closed. Since January 1st 2009 the homes in Olathe, suburban Kansas City KS have sold in the range of $59,600 to $194,000.

How much is my Olathe home worth?

The trend is picking up as far as sales volume. Credit is getting slighly 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 low low interest rate locked in.

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.KenJansenSellsHomes.com