Armour Hills Home Sales Report-March 2019

Regular readers of this blog will know how much the home values in the Armour Hills subdivision of Brookside have risen over the past few years. So far in 2019, Armour Hills is beating Brookside as a whole for the increase.  See stats below!

March 2019                                                        March 2018

Median list price:     $339,900                        Median list price:     $269,500

Median sales price:   $327,000                       Median sales price:  $265,500

No. of homes sold:        7                                  No. of homes sold:      14

Days on market:          69                                   Days on market:           6

Here are YTD figures:

Jan-March 2019                                               Jan-March 2018

Median list price:     $339,900                      Median list price:     $289,475

Median sales price:   $327,000                     Median sales price:  $287,000

No. of homes sold:        13                              No. of homes sold:     16

Days on market:             81                             Days on market:        14     

Prices are up 13.9% YTD whereas the entire Brookside neighborhood (using zip 64113)   dropped just over 1% same period. However, the Armour Hills sample is much smaller and there is such a huge range of home prices in Brookside (from the $200s into the millions) that this could just be a fluke. We are just now into the busy spring buying season–and I know the demand is strongest for homes priced under $400K–which is just where Armour Hills prices fall.  The numbers should even out more as the year goes on.

Currently there are 11 homes for sale in Armour Hills, with a median list price of $360,000 and 17 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

                   

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s