Home sales are slowing down, yet Armour Hills listings continue to go under contract quickly. Although last month, the lower priced homes sold in AH. Here are the stats for single family homes in the Armour Hills subdivision of Brookside, Kansas City MO:
October 2018 October 2017
Median list price: $309,000 Median list price: $359,500
Median sales price: $296,500 Median sales price: $359,500
No. of homes sold: 11 No. of homes sold: 7
Days on market: 3 Days on market: 42
The lowest priced home last month closed at $237,500, several thousand over the list price of $215,000. The highest sale was $413,500.
Here are year-to-date figures:
Jan-Oct 2018 Jan-Oct 2017
Median list price: $315,000 Median list price: $314,750
Median sales price: $315,000 Median sales price: $313,250
No. of homes sold: 72 No. of homes sold: 82
Days on market: 9 Days on market: 9
Year to date, home prices have barely budged in Armour Hills however…this may be a fluke with October figures, because prices have been on the rise. Will have to wait and see how things shake out for the year.
Currently there are ten active listings with a median list price of $386,200 and 73 days on market. The highest priced home for sale is $525K–unusually high for our subdivision. Will see if it sells for that much!
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)