Armour Hills Home Sales Stats Aug 2012

Hello neighbors!  Didn’t it feel good to pull out a sweater or jacket this morning on the way out the door?  You can smell Fall blowing into Brookside!  And we are going into one of the prettiest time of years to walk our neighborhood.  The drought may negatively affect autumn tree colors this year..we will see soon.  Now, let’s check home sales statistics for last month:

In  August  2012, 8 homes sold.  The average list price was $245,925 and the average sales price was $234,809. Average days on market:  48.

In August  2011, 10  homes sold.  The average list price was $223,425 and the average sales price was $214,835.  Average days on market:  91.

WOW!  Average days on market was almost half of the 2011 figure, and average price was up almost 9%!

Year to date, 52 homes have sold in Armour Hills, at an average sales price of $222,622 and  83 average days on market.  From January-August  2011, 40 homes sold at an average price of $211,322 and 125 days on market.

HIgher prices and less days on market is good news for sellers–and for buyers.  Why?  Sellers are starting to recoup some of the equity lost during the housing crash and homes aren’t sitting on the market as long. Buyers can feel confident they are buying in a desirable neighborhood with rising home values.

Interested in home prices and sales trends in your Brookside area?  Email me and I’ll provide  the information!
(All statistics taken from Heartland MLS; deemed reliable but not guaranteed)

Armour Hills Home Sales Statistics–January 2012

Hi neighbors! Here are Armour Hills home sales statistics for January 2012, followed by the stats from January 2011 for comparison.

In January 2012, two homes sold. The lowest sales price was $210,000 and the highest sales price was $220,000. Average list price was $224,500; average sales price was $215,000. Average days on market: 43.

In January 2011, one home sold. That home was listed at $145,000 and sold at $146,770. It was on the market for 158 days.

(Note:  all stats taken from Heartland MLS; deemed reliable but not guaranteed.)

As of this writing, there are 17 homes for sale in Armour Hills, an average list price of $238,106 and an average of 171 days on market. That is quite a bit of inventory and a long time on the market. These homes are not selling for various reasons: overpriced, something unusual about location or floorplan, or they need too much updating. As we get into the warmer weather, more sales and listings will happen.

If you are thinking of listing your home this spring, email me if you would like more information on your particular area!

Remodeled Brookside Home for Sale!

Just had to share this listing with you!  While on tour earlier this week, I thought this was one of the prettiest Brookside homes for sale right now.  It’s updated and move in ready–which is what most buyers want right now.

It’s a two story floor plan with four bedrooms and two and a half baths…with an attached two car garage and second floor laundry (rare for this area!)  In the kitchen, there’s a cozy eat in area and a black tile floor–usually don’t see that either but it works because it hides the dirt!  The roof is newer, it has zoned HVAC and new windows.  There is a lovely sitting room in the master bedroom.   Really, nothing to do except decide where to put your furniture!

Great location too, within walking distance to the Brookside shops and Trolley Track Trail.  It’s listed at $375,000.  I predict it will sell quickly!

Note that this is not my listing, but I would be happy to give you more information on it. Just email me!

Brookside Home Sales Stats December 2011

I say…good riddance to another poor housing sales year and let’s look ahead to a much better 2012!

Looking at single family home sales stats for zip code 64113 in Brookside, December 2011:

14 homes sold.  Average list price:  $245,904.  Average sales price:  $231,032.  Average days on market:  111.

Compare those figures to December 2010:

22 homes sold.  Average list price:  $335,930.  Average sales price:  $307,853.  Average days on market:  106.

Why the much higher average sales price in 2010?  Part of the reason is a $1.5 million dollar home sold in 2010.  In 2011, the highest price home sold was $515,000.  The drop in the number of units sold in 2011 can be attributed to the $8000 tax credit for buyers that was in effect for 2010…this tax credit encouraged buyers to make purchases that year.   Days on market were virtually the same.

In the next blog entry I will compare Armour Hills sales stats for December 2010 to 2011, plus will do a year end comparison before the end of the month. Thank you for reading my blog!

(Note:  all stats taken from Heartland MLS; deemed reliable but not guaranteed)

 

The Way We Were

Original Art Deco light fixture

Just had to write a quick blog about this Brookside area listing in Brownwood Park!  What a fantastic example of the way we were…this home built during the Art Deco craze of the 1930s…

Brookside area Art Deco home

There is original tilework, so well preserved, in the kitchen and bath of this home.  Brillant colors, original cabinets, the built in cutting board…

Brookside area Art Deco home

Also, check out the crown molding at the ceiling…

The living room features the original fireplace as well.

Brookside area Art Deco fireplace

Now for many buyers, all this deco would be a turn-off.  They would see this house as ‘too much work’–ripping out the tile and replacing it, updating the kitchen and bath cabinets, the sinks, the flooring.  But there is someone out there who will buy this house specificically for the original art deco charm. 

Brookside area Art Deco bath

The craftsmanship that built this home…gone forever, I’m afraid.  Still, after decades of various owners and home style changes, the deco decor is still so easy to appreciate. What is the classic home style decor today that will still look so cool 80 years from now??

 

New Listing! 708 E Gregory, Kansas City MO

All buyers are looking for ‘a good deal’ these days…and this house delivers!  Check out my new listing at 708 E Gregory, just east of Holmes.

708 E Gregory

This charming stone and stucco 2 story home offers three bedrooms and one and a half baths,a formal living room and dining room, an office nook off the living room and  a cozy breakfast room next to the kitchen.  The basement walls have been freshly painted with DryLock, there’s a newer roof and sump pump, plus half the basement is finished. The seller just installed a new electrical box and is providing a one year home warranty.

The backyard is partially fenced, and features a patio outside the back door.  There’s space for a second car next to the one car garage.

Lots of light fills this home, it’s close to Brookside, Waldo and UMKC.  Oh, and the price?  Just $149,000!

708 E Gregory, Kansas City MO 64131.  Contact me for a personal tour!  mary.hutchison@prukc.com

708 E Gregory

September-Home Sales Stats for Brookside and Armour Hills

Hello fellow Armour Hills residents, here are home sales statistics for the month of September 2011 for our subdivsion in Brookside, followed by my personal comments:

September, 2011
Four homes sold, with an average of 89 days on market.  Average list price was $226,600; average sales price was $217,375.  Five homes went under contract in September.

September, 2010
Three homes sold, with an average of 54 days on market.  Average list price was $269,967; average sales price $263,000.

Let’s compare the main Brookside zip code, 64113, from last year to this year:

September, 2011 – 64113
Fifteen homes sold, with an average of 149 days on market. Average list price was $243,170; average sales price was $229,843.  Fifteen homes went under contract in September.

September, 2010 –  64113
Thirteen homes sold, with an average of 167 days on  market.  Average list price was $359,112; average sales price was $343,806.

Comments:
About the same number of homes are closing and going under contract, but prices are falling.  Depressed prices can be attributed to many things:  less expensive homes going on the  market, the impact of low foreclosure pricing, and sellers who must sell and keep lowering the price to attract a buyer.  The good news is  this area is still desirable for sellers; the negative news is the falling home prices.  However, in an area like Brookside and Armour Hills, prices can range from $150K to over $500,000.  For true comparables, one has to compare specific features and locations that can vary block by block.

Would you like market statistics on your neighborhood?  Email me with details and I will send them your way!
All information taken from Heartland MLS; deemed reliable but not guaranteed.

Rockhill Gardens in Brookside–A Favorite Neighborhood

When prospective customers ask me about living in Brookside, I often give them a short verbal tour of the area:  average prices for certain areas, where you can get the most bang for your buck.  Rockhill Gardens is one of those subdivisions I love to talk about.  

Most of the RG homes are bordered between Gregory and 75th, Oak to Holmes.  There are some RG homes east of Holmes Rd, those are generally lower priced than the homes to the west. Napoleon W Dible (1872-1960) was the man who started this subdivision in 1929.  He wanted ‘affordable, well-built homes’ and sold thousands of homes in the area at a low profit.  Inspired by Tudor mansions in England, Dible added many of those characteristics to his homes in RG:  arched doorways, gabled roofts, detailed moldings, brick, stucco and stone exteriors.  He was one of the first speculator builders–that is, he built homes first before he had buyers.

Dible knew that although it was the man (and only the man!) who signed the sales contract, it was the woman who made the final decision on the house.  He added special touches that appealed to women, such as built-in ironing boards, colored tiles in the baths, and curved walkways in front.  Most of the homes had a side or back porch and were about 1500 square feet.  Most of the kitchens were small, and some still are unless there’s been a major renovation.  That’s always puzzled me, how kitchens in the 20s and 30s were so small, yet maids and wives spent so much time in the kitchen cooking from scratch! Ah, but times were different then, with the larger formal dining rooms for leisurely dinners … that seems like an indulgence now.

The reason I like to show off Rockhill Gardens to prospective buyers is this:  you generally get more space for your money here than in other Brookside neighborhoods.  Often the garages are attached, which isn’t common for Brookside, and bedrooms are larger.  Many RG homes have finished basements.  And it has an active homes association, with organized events and get togethers for the residents. A typical, updated 3 bedroom, 2 bath Rockhill Gardens home should be priced under $250,000.  The location is great, close to the Brookside shops but also walking distance to the Trolley Track Trail, the Waldo Library, locally owned restaurants and shops, insurance agents, Academie Lafayette school, florist, bike shop–just about every convenience a homeowner would want.

If you plan to shop for  a Brookside home, be sure to check out what’s available in Rockhill Gardens.  Compare pricing with some of the other area subdivisions and see that you will get the desirable Old World charm in a well-built home for a reasonable price!

My Favorite New Listings in Brookside

On Realtor  tour today…two new listings caught my eye…read on for details and a few pictures!

In one of my favorite subdivisions, Rockhill Gardens, this new Tudor home is move in ready!  Three bedrooms, two and a half baths, two car attached garage, finished basement with bonus room…a breezy side porch and sunny breakfast room.  New windows!  Large bedrooms! $243,000.

A few blocks north and east, in Armour Hills Gardens, there is a new listing on Cherry.  This one is also updated and ready for new owners:  Three bedrooms, one is on the first floor; two full baths, one car garage, a formal living room with a custom framed fireplace, and a nice sized office on the first floor.  Large patio in the backyard (no real yard) and a  one car garage private drive.  $209,950.

Note that these two homes are not my listings, but I can send you more information if you or someone you know is interested.  With interest rates at historic lows, this is the time to get a deal on a Brookside home you’ll treasure for years!  Contact me at mary.hutchison@prukc.com

Brookside Armour Hills Home for Sale!

This sweet little home needs a new owner!  Located in desirable Armour Hills, it has a great location near the Trolley Track Trail..Classic Cookie…a bank…Mexican restaurant…hair salon and more!

Inside this three bedroom, one and a half bath home you’ll find a living room, dining room, breakfast room/office, updated kitchen and concrete patio in the fenced back yard.  There is a full basement, newer windows, and an attached garage with private drive.

For $169,500…it’s a bargain!  Armour Hills is a very active homes association with several annual events for the neighbors and a park with tennis courts nearby.

Take advantage of the low, low interest rates and check out this house  if you are looking for a Brookside home. We can be neighbors!

This home is located at 220 W 70th Terrace, just north of Gregory.