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The Persimmon Hill Subdivision Real Estate And Homes For Sale In Olathe, KS

Find area information and real estate listings for the Persimmon Hill Subdivision, Olathe, Kansas. Learn more about Persimmon Hill, including available homes for sale, school info, and area reviews, from a local RE/MAX real estate agent.

Find the Persimmon Hill Subdivision, Olathe, Kansas real estate, homes for sale, neighborhood information and school information.

Persimmon Hill Area Insight

  • In the last 12 months Persimmon Hill has had 51 homes sold/closed as of December 27.2018. This ratio of homes sold over time is called the absorption rate. The most recent absorption rate averaged over the last 12 months is 4.25 homes per month. At the time of writing there are seven homes for sale in Persimmon Hill. If the most recent absorption rate continues it would take, on average, two months to sell all of the homes for sale, assuming that all homes would sell, and that no additional homes came on the market.

    Sales in Persimmon Hill have been helped by new construction homes starting back up with Rodrock development and Prieb homes.

    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.

    Persimmon Hill, being in higher than average demand compared to supply means that, in general, sellers have an advantage in terms of negotiations of terms.

    Home sale prices in the last 12 months, as of December 27, 2018, ranged from $180s to $360's. Median sales price was $267K in that time period.
  • Deborah Staley
    RE/MAX Realty Suburban
    Ask Deborah a question about the Persimmon Hill Subdivision.
    Persimmon Hill Subdivision
    The Persimmon Hill neighborhood of Olathe is well known for its amenities. The homes association dues are only $300 per year and there is a fishing lake, three pools, play areas, tennis courts, and a walking trail through the greenway. Sometimes you even see deer there! There are a bunch of homes in this subdivision - about 600. Many of the homes were built in the 1980's and 1990's and now there is even a little new construction. It is all really quite exciting in this area because Persimmon Hill is adjacent to the new Olathe West High School. Right up the road on Santa Fe is a Wal-Mart and a ton of other restaurants and shopping opportunities along K-7.
  • Gigi Perry
    RE/MAX Realty Suburban
    Ask Gigi a question about the Persimmon Hill Subdivision.
    Persimmon Hill Subdivision
    Persimmon Hill is a nice pocket of homes in a family friendly subdivision near Olathe Lake. Homes are priced from the $150's to the $230's There is a cute little lake near the homes there called Persimmon Lake. Olathe Lake is 1 1/2 miles west of K-7 (Parker) and north of Dennis Ave (143rd). It has boat access and is a great peaceful little fishing spot to bring the kids.

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Nearby Real Estate Offices

    RE/MAX Beyond

    13470 S Arapaho Dr Ste 180
    Olathe, KS 66062

    RE/MAX Realty Suburban

    12701 W 87th St Pkwy
    Shawnee Mission, KS 66215

    RE/MAX Launch

    111 W 2nd St
    Bonner Springs, KS 66012

    RE/MAX State Line

    11251 Nall Avenue
    Leawood, KS 66211