Find area information and real estate listings for the Cedar Creek Subdivision, Olathe, Kansas. Learn more about Cedar Creek, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.
Cedar Creek is an impressive collection of a multitude of Cedar Creek, subdivisions including, Cedar Creek the Ridge, Valley Ridge, Estates, Village, Estates, Cedar Glen, Cedar Ridge, Clubside, Hidden Lake Estates, North Lake Ridge, North Shore Estates, Shadow Highlands, Southglen, Southglen Woods, Cottages, the Crossings, the Estates, the Links, the Reserve, Villas/Shadow Glen, as a sample.In the last 90 days, as of January 5, 2019, Cedar Creek had 26 homes sold/closed. There are 41 homes available for sale This ratio of homes sold over time is called the absorption rate. If the absorption rate continues at the same pace as the last 90 days then it would take 1.6 months to sell all of the homes for sale assuming that all homes would sell, and that no additional homes came on the market.In general terms a market is considered balanced when the supply of homes equals 5.5 to 6.5 months of inventory compared to demand or absorption rate. The lower the month’s supply of home is, the seller tends to see an advantage in price or terms. The higher the months supply of homes the more advantage there is to the buyer in terms of price or terms.Higher than average demand for homes in Cedar Creek, due to location, schools, and limited supply gives home sellers an advantage in negotiation of terms.