Olathe Homes for Sale Real Estate Market conditions for August 24th, 2009

Olathe Kansas suburban Kansas City Johnson County Housing Market Update August 24th, 2009

Real Estate Market Conditions for Olathe homes for sale with an asking price of $125,000 or less

As of August 24th, 2009 there are 91 homes in Olathe with an asking price at $125,000 or less. Since April 1st 2009 107 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.

Real Estate Market Conditions for Olathe homes for sale with an asking price between $125,000 and $200,000

As of August 24th, 2009 there are 276 homes in Olathe with an asking price between $125,000 and $200,000. Since April 1st 2009 405 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.

Real Estate Market Conditions for Olathe homes for sale with an asking price between $200,000 to $265,000?

As of August 24th, 2009 there are 223 Olathe Kansas homes listed for sale in with an asking price of $200,000 to $265,000. Since April 1st, 2009 250 Olathe KS homes have sold in with a selling price between $200,000 and $265,000. This is a neutral price range is terms of supply and demand.

Real Estate Market Conditions for Olathe homes for sale with an asking price between$265,000 to $350,000?

As of August 24th, 2009 there are 153 Olathe Kansas homes listed for sale in with an asking price of $265,000 to $350,000. Since April 1st, 2009 102 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.

Real Estate Market Conditions for Olathe homes for sale with an asking price between $350,000 to $500,000?

As of August 24th, 2009 there are 135 homes in Olathe homes listed for sale with an asking price between $350,000 to $500,000. Since April 1st, 2009 68 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.

Real Estate Market Conditions for Luxury Homes in Olathe with an asking price of $500,000 or more?

As of August 24th, 2009 there are 51 Luxury homes in Olathe with an asking price of $500,000 or more. Since April 1st, 2009 15 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.

How much is your Olathe Kansas home worth?

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 151^st and Blackbob and 5 Guys hamburgers at 135^th 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