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.)