Armour Hills Home Sales Report-November 2021

This is the last blog of 2021!  Next month I will recap Dec 2021 Brookside/Waldo home sales, with an extended year-by-year comparison.  Today, I’m reporting the Armour Hills sales stats for last month.  Have a safe, healthy and happy holiday everyone!

November 2021                                                     November 2020

Median list price:     $362,500                            $327,000

Median sales price:  $368,000                           $324,500

No. homes sold:          8                                            6

Days on market:       3                                               5

The lowest sales price last month was $302,220—which was $52,000 over list price for a two bedroom, one bath home!!  The highest closed price was $530,000, $15K over asking.  Here are the year-to-date numbers:

Jan-Nov 2021                                                          Jan-Nov 2020

Median list price:      $365,000                           $349,000

Median sales price:   $380,000                          $345,000

No. homes sold:           66                                      85

Days on market:         2                                          5

Home values are up in Armour Hills just over 10% for the year.  Currently there is one home for sale in the subdivision, with a list price of $575,000 and 179 days on market.

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

Waldo Homes Sales Report-November 2021

Gotta act fast if you want to buy a home in Waldo…and it’s been like that all year, even during these slower winter months.  Homes go under contract very fast and buyers usually pay  list price if not more. Here are the stats for November 2021, using the street boundaries of Gregory to 85th St; State Line to Holmes:

November 2021                                                       November 2020

Med list price:     $245,000                                              $259,900

Med sales price:    $245,000                                           $259,900

No. homes sold:    37                                                         27

Days on market:    3                                                           12

Although the median sales price was a bit lower than last November, more homes sold and in less time; also more higher priced homes sold in  November 2020.  The lowest sales price last month was $73,000 and the highest was $503,000.  Let’s check the year-to-date numbers:

Jan-Nov 2021                                                                   Jan-Nov 2020

Med list price:     $249,950                                              $225,000

Med sales price:  $260,000                                             $230,000

No. homes sold:    370                                                      343

Days on market:    3                                                           4

So far this year, sellers are paying an average of 4% over list price; homes are still going under contract very fast (yes I know I say that every month!).  Home values are up 13% compared to last year at this time.

Currently there are 12 active listings in Waldo, with a median list price of $232,450 and 37 days on market. Prices range from $75K to $395,000.

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

Brookside Home Sales Report-November 2021

It’s time to report the November single family home sales for Brookside, and although there was a dip compared to last year, overall prices are way up comparing 2021 to 2020.  Here are the stats, using the main Brookside zip code of 64113:

November 2021                                                      November 2020

Med list price:       $400,000                                            $447,500

Med sales price:  $404,000                                             $465,000

Days on market:      4                                                           5

No. of homes sold:  25                                                      26

The number of homes closed and days on market are consistent; and many buyers are still paying over list price.  The median price is lower because last November, there were three sales over $1,000,000 and none last month.  The highest sales price was $532,500.  Here are the year-to-date numbers:

Jan-Nov 2021                                                                 Jan-Nov 2020

Med list price:     $467,725                                              $415,000

Med sales price:  $475,000                                             $412,500

Days on market:    3                                                           8

No. of homes sold:   310                                                   291

The highest priced sale this year so far is $4.2 million.  Units sold are ahead of last year at this time and sales prices are up 15%!  Currently there are 14 active listings in Brookside, with a median list price of $545,000 and 48 days on market. Prices range from $450K to $4 million.

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

Armour Hills Home Sales Report-October 2021

Hi neighbors!  One more post about October Brookside home sales stats before we move into December. Just like the rest of Brookside, Armour Hills home values took a dip last month compared to a year ago; however overall, prices are up!  Let’s take a look at the numbers:

October 2021                                         October 2020

Median list price:     $380,000                $407,000

Median sales price:  $370,000               $426,250

No. of homes sold:    5                              6

Days on market:         13                           2

Although the median sales price last month was 15% less than October 2020, sales were steady and the highest recorded price-$461,000-was $61K over asking price! Yes, I double checked that number!   Below are the year-to-date numbers:

Jan-Oct 2021                                         Jan-Oct 2020

Median list price:     $372,400                $349,000

Median sales price:  $382,500               $345,000

No. of homes sold:     58                           79

Days on market:          2                             5

The majority of buyers are paying at or over asking price, and homes are going under contract within two days of listing.  So far this year, prices are up just about 10% over last year. Currently there are four active listings in Armour Hills, with a median list price of $452,450 and 42 days on market.

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

Waldo Home Sales Report-October 2021

As we head towards the end of the year, home sales traditionally dip in the fourth quarter—not as much inventory and the holidays/cold weather keep people inside.  But there is no lack of demand for Waldo homes—more sales this year with higher average prices.  Will watch and see what happens the last two months of the year. Here are the stats for single family home sales in Waldo, using the boundaries of State Line to Holmes; Gregory to 85th:

October 2021                                              October 2020

Median list price:     $230,000                $220,000

Median sales price:    $240,000              $236,250

No. of homes sold:     38                            30

Days on market:         9                               2

The lowest closed price last month was $120,000 and the highest was $498,500.  Prices edged up just over 1% compared to last year. Below are the year-to-date numbers:

Jan-Oct 2021                                               Jan-Oct 2020

Median list price:     $224,950                $230,000

Median sales price:    $263,500             $230,000

No. of homes sold:    336                          319

Days on market:        3                               4                        

This year buyers are paying at least 5% over list price, and home values are up 14% over last year. Up up up!! Currently there are 12 active listings in Waldo, with an average of 42 days on market and a median price of $237,450.

Hope everyone has a safe and happy Thanksgiving holiday!

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

Brookside Home Sales Report-October 2021

Brookside in the Fall….a messy palate of bright and vibrant colors on trees, bushes, lawns…it’s my favorite time of year in the  neighborhood!  Of course, Brookside homes are attractive any time of year and although last month there was a dip in values, the YTD numbers are still very strong.  Let’s look at the statistics for single family home sales in Brookside, using sales figures from the main Brookside zip code of 64113:

October 2021                                              October 2020

Median list price:     $485,000                       $489,000

Median sales price:  $472,000                       $492,450

No. homes sold:           27                              34

Days on market:          3                                22

Prices dipped 4% compared to last year; homes went under contract much faster. Fun fact:  the highest sale last month was $1,135,000–$40K over the list price.  Below are the year-to-date numbers:

Jan-Oct 2021                                                  Jan-Oct 2020

Median list price:     $475,000                       $415,000

Median sales price:  $480,263                       $412,500

No. homes sold:          280                             262

Days on market:          3                                8

Compared to last year, Brookside home values are up 16% and most homes sell for list price or above.   Currently there are 23 active single family homes for sale in Brookside with a median list price of $565,000 and 23 days on market. The majority of listings–17-are priced over $500,000.

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

Waldo Home Sales Report – September 2021

Waldo home sales last month were similar to what happened in September 2020:  similar sold prices and number of homes changing owners.  Home prices continue to rise, of course!  Here are the stats for single family home sales in Waldo, using the boundaries of State Line to Holmes; Gregory to 85th St:

September 2021                                                                September 2020

Median list price:     $235,000                                                    $234,950

Median sales price:   $239,000                                                  $237,000

No. of homes sold:    35                                                                   39

Days on market:      13                                                                      5

Prices were about the same; most buyers still paying at or over list price.  A few more homes sold September 2020.  The lowest closed price last month was $81,700 and the highest was $475,000.

Here are the year-to-date numbers:

Jan-Sept 2021                                                                          Jan-Sept 2020

Median list price:      $249,900                                                   $220,000

Median sales price:  $261,000                                                   $226,000

No. of homes sold:      306                                                            291

Days on market:           2                                                                   4

Such a tight, tight market for homebuyers in Waldo–most homes go under contract within a day or two and well over the list price. Home values are up 15% year-to-date compared to last year. Currently there are 16 active single family homes for sale in Waldo, with a median list price of $239,000 and 36 days on market.

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

Armour Hills Home Sales Report-September 2021

Some interesting figures here as I researched Armour Hills home sales for last month—fewer homes sold!  However, values continue to rise.  I have a theory as to why; will share in the comments!  Here are the numbers:

September 2021                                                                September 2020

Medium list price:      $399,000                                            $349,000

Medium sales price:  $405,000                                            $351,500

No. of homes sold:        3                                                     17

Days on market:            4                                                      6

The median sales price increased 15% from last September.  I think the reason so many more houses sold in September 2020 is the pandemic was raging in the usual strong buying and listing months of March through July; many sellers were hesitant or delayed listing and buyers stayed in for those months. Some people probably delayed buying and selling until later in the year. Below are the year-to-date figures:

Jan-Sept 2020                                                                            Jan-Sept 2020

Median list price:     $369,900                                                    $345,000

Median sales price:  $390,000                                                   $344,000

No. of homes sold:      53                                                     73

Days on market:          2                                                                   6

Fewer homes are selling this year; could be because some residents have decided to stay put and make home improvements; or they don’t want to sell and then get into a bidding war for their next property.  Prices are up 13% over last year.

Currently there are four active listings in Armour Hills; the median price is $434,475 and ten days on market.

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

Brookside Home Sales Report-September 2021

We are seeing double digit increases in Brookside home values; houses continue to sell very fast and at over the list price.  This is the same news I have been delivering for the past several months!  Here are the stats for Brookside, using the main Brookside zip code of 64113:

September 2021                                                                September 2020

Med list price:      $484,900                                             $415,000

Med sales price:   $480,000                                            $408,000

No. homes sold:       39                                                        25

Days on market:       4                                                           9

Last September we were still pretty much hunkered down due to COVID-19 pandemic spread; this year things have loosened up as more people are vaccinated and that affects everything.  Last month we had one sale over $1,000,000.  There was a 17% increase in values compared to Sept 2020.

Here are the year-to-date numbers:

Jan-Sept 2021                                                                     Jan-Sept 2020

Med list price:      $475,000                                             $394,950

Med sales price:    $482,763                                           $400,000

No. homes sold:    252                                                        230

Days on market:     3                                                            8

Most buyers pay over the list price for Brookside homes this year; also we’ve had several multi-million dollar sales:  12 so far in 2021.  Year-to-date, home values up 20.6% over last year.  Currently there are 20 single family homes for sale in Brookside, with an average price of $549,975 and 63 days on market. 

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

Armour Hills Home Sales Report-August 2021

Last month, Armour Hills had it’s highest recorded home sales price of the year–and that final price was $53,000 over the list price! As I reported in last week’s blog, some Brookside homes have sold for $100,000 over asking price. That is too crazy! An over $700K price for an Armour Hills house just shows the reach some buyers have to get what they want. The high price tag affected the big jump in the median sales price compared to Aug 2020. Here are the numbers:

August 2021                                                                            August 2020

Median list price:             $384,900                                           $317,500

Median sales price:         $382,000                                           $320,000

Days on market:                 31                                                        3

No. homes sold:                  5                                                         12

Every property that sold last month closed over the list price except one. The highest sales price of the year so far was $703,000 on a home priced at $649,900.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                           Jan-Aug 2020

Median list price:              $367,450                                           $339,950

Median sales price:          $386,000                                           $337,500

Days on market:                 2                                                          5

No. homes sold:               50                                                        57

Compared to last year, home prices are up 14% in Armour Hills. Currently there are seven listings, ranging from $349,000 to $575,000. The median price is $399,000 and 26 days on market.

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