Category Archives: Kansas City Home Sales Statistics

Brookside Home Sales Report-April 2020

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Hello neighbors…I haven’t posted a blog in a few weeks, as I’m adjusting to working within the pandemic perimeters.  However, the home sales stats from April are here, so I’ll post those over the next few days and also have a couple of new Brookside/Waldo businesses to blog about-YEAH!  Below are the numbers, using the main Brookside zip code of 64113:

April 2020                                                            April 2019

Median list price:     $424,000                           $425,000

Median sales price:   $408,500                          $420,000

No. of homes sold:       22                                       31

Days on market:          9                                           9

The lowest sales price last month was $265,000 and the highest was $760,000.  A year ago, there were three $1,000,000+ sales in the month of April.  It was mid March when businesses started shutting down due to COVID 19, and most contracts take 30-45 days to close. So we see that fewer homes closed last month, and the median price was lower than a year ago. May’s numbers will tell us more about any real market slow down due to the pandemic. Let’s look at year-to-date figures:

Jan-April 2020                                                     Jan-April 2019

Median list price:     $369,000                             $395,000

Median sales price:  $370,000                             $390,614

No. of homes sold:      59                                          83

Days on market:          15                                          38

There’s a 5% decrease in prices YTD, and fewer homes sold. However, sellers are still getting practically list price for their homes.  Note that it’s the more moderately priced homes in Brookside that are selling the fastest, as reflected in the median sales price.

Currently there are 36 active listings in Brookside, with an average list price of $575,000 and 36 days on market.  Thirty two of the 36 homes are listed over $400K, five homes priced over $1,000,000.

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

 

Waldo Home Sales Report-March 2020

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So how is everyone holding up?  Grateful that we have a beautiful Spring blooming in our neighborhood!  I’m still seeing new listings pop on the market in the Brookside/Waldo area–and selling quickly.  As the year goes on, there will probably be a slowdown as many sellers have decided to stay put for now.  In the meantime, here are the home sales stats for the Waldo area (State Line to Holmes; Gregory to 85th St) for last month. Keep in mind that these homes went under contract prior to the pandemic.

March 2020                                                                   March 2019

Median list price:    $229,000                                     Median list price:     $230,950

Median sales price:  $233,750                                    Median sales price:   $227,450

No. of homes sold:       32                                           No. of homes sold:       28

Days on market:          32                                              Days on market:         14

Sold prices increased over same period last year, and a few more homes sold.  The year-to-date numbers show a decrease in prices:

Jan-March 2020                                                              Jan-March 2019

Median list price:    $210,000                                      Median list price:     $225,000

Median sales price:   $210,750                                  Median sales price:    $219,900

No. of homes sold:         64                                          No. of homes sold:          61

Days on market:            28                                             Days on market:            20

Technically, home prices are down about 4% YTD, however sellers getting list

price or a little above.  There is still strong demand, and not as many sellers are listing due to COVID 19.  Currently there are just 11 homes for sale in Waldo, with a median list price of $212,500 and 44 days on market.

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

 

 

Brookside Home Sales Report-March 2020

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As I reviewed these stats, I noticed home sales were lagging behind 2019 during the same period.  Normally, April through June is very strong for home purchases–with the pandemic going on, I think we will see a slowdown in the coming weeks.  For now, here’s the single family home sales report for Brookside, using the zip code of 64113:

March 2020                                                             March 2019

Median list price:       $347,450                              $399,950

Median sales price:    $338,750                              $380,000

No. of homes sold:       15                                            29

Days on market:            12                                           69

About half as many homes sold last month than March 2019, but sellers were getting within 2% of list price. There were several homes that closed over $500K same time last year as compared to last month.  Below are the year-to-date numbers:

Jan-March 2020                                                      Jan-March 2019

Median list price:       $359,475                            Median list price:     $382,000

Median sales price:     $358,000                           Median sales price:    $368,375

No. of homes sold:        38                                     No. of homes sold:     52

Days on market:            40                                     Days on market:        75

Home prices down a bit this year, fewer sales, but sellers getting within 1% of list price.  I see homes still selling fast in Brookside if they are priced under $400K–will see how all of this shakes out over the next several months.

Currently there are 24 active listings in Brookside, with a median list price of $520,000 and 45 days on market. Prices range from $264,950 to over $7 million.  Over half the homes are priced over $500K.

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

 

 

Armour Hills Home Sales Report-Feb 2020

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My apologies for posting this blog a little late…the entire country is not in the usual routine!  I’m going to keep posting home sales stats as usual, as I am curious how the pandemic will affect home buying and selling.   We’ll see the effect within the next 60 – 90 days.  In the meantime, here are the February home sales stats for the Armour Hills subdivision in the Brookside neighborhood of Kansas City:

February 2020                                                    February 2019

Median list price:      $339,900                            $362,499

Median sales price:   $332,000                            $341,438

No. of homes sold:       3                                           4

Days on market:           49                                        87

Although median sales price lower this February compared to last year, home values are up YTD:

Jan-Feb 2020                                                         Jan-Feb 2019

Median list price:       $339,225                            $324,975

Median sales price:    $338,000                            $321,000

No. of homes sold:          4                                           6

Days on market:             46                                          84

Although fewer homes sold than over the same time period last year, prices are up 5.2%–that’s a bit higher than Brookside as a whole, which is up just over 4% YTD.  Currently there are four active listings in Armour Hills, with a median list price of $372,475 and 19 days on market.

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

 

 

Waldo Home Sales Report-Feb 2020

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How’s everybody doing?  Trying to stay positive?  I’m continuing to work, rarely go into the office anymore (and I miss it!!) but still servicing my buyers and sellers.  I continue to see homes in the Brookside/Waldo area go under contract…and some are just sitting.  Let’s take a look at the February stats for single family home sales in Waldo:

February 2020                                                         February 2019

Median list price:    $204,000                                  $230,000                

Median sales price:  $210,250                                 $231,500

No. of homes sold:     14                                               12

Days on market:         16                                                41

And here are the YTD comparisons….

Jan-Feb 2020                                                            Jan-Feb 2019

Median list price:    $205,000                                   $219,900

Median sales price:  $206,000                                 $215,000

No. of homes sold:     31                                                33

Days on market:         22                                                 21

It’s interesting that median sales prices dropped in both categories.  Traditionally the first couple of months of the year aren’t as strong for sales as the warmer spring and summer months.  Waldo home values had huge gains last year. We’ll see how that changes with the current pandemic crisis.  I see new listings popping on, and many houses that were under contract are now back active–some buyers may have lost jobs, and/or decided to put off big purchases.

Currently there are 21 active single family homes listed in Waldo, with a median list price of $269,950 and 32 days on market.  That list number is skewing high as there are three homes listed over $400K, and one of them is $525K (that one for sale since last Fall) which is on the more expensive side for Waldo.  

I’ll keep reporting home sales on the blog but since I’m staying in as much as possible, no other Brookside/Waldo news to report on at this time.  Please try and support the our local restaurants as much as possible during this difficult time..!

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

 

Brookside Home Sales Report-Feb 2020

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This is my first blog post in several days, and since then the Corona virus has taken over our everyday lives.  I plan to continue to post home sales stats; as far as reporting on new businesses and events in the Brookside/Waldo area–that news is on hold, since most of it right now consists of shops and restaurants shutting down.  I know our neighbors and residents will support our local businesses as much as possible as we get through this day to day.  Please patronize CurbsideKC !  Here are the February home sales stats for Brookside, using the zip code 64113 for stats:

February 2020                                                  February 2019

Median list price:       $359,975                        $374,999

Median sales price:   $354,500                         $355,000

No. of homes sold:             16                                 13

Days on market:                 43                                 76

Closed sales prices were virtually unchanged from a year ago, and a few more homes sold.  Now let’s compare year-to-date figures:

Jan-Feb 2020                                                         Jan-Feb 2019

Median list price:          $369,900                          $374,999

Median sales price:      $370,000                           $355,000

No. of homes sold:          23                                         23

Days on market:             44                                          76

So far this year, sellers are getting very close to asking price — and we are still seeing multiple offers on some properties.  That may change as the economy continues to slide downward.  Currently there are 24 active single family homes for sale in Brookside, with a median list price of $527,500 and 37 days on market. Six homes are priced over one million dollars; half are over $500.,000.

In the upcoming weeks, the sales numbers will reflect any big changes in the market and I will report my thoughts as well!

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

Waldo Home Sales Report-Jan 2020

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It’s a new year and the buyers are out, searching for homes to purchase!  Inventory across the city was at a record low last month–less than two months’ supply!  I expect Waldo will be another hot spot for buyers in 2020.  

Below  are the stats for January 2020, and a comparison to last year. I’m using the Waldo boundaries of State Line to Holmes and Gregory to 85th Street.  Year-to-date comparisons will resume next month.

January 2020                                                             January 2019

Median list price:     $205,000                                  $219,900

Median sales price:     $197,500                              $206,100

No. of homes sold:        17                                             21

Days on market:           35                                             21

The highest closed price was $295,000 and the lowest was $42,000.  Although the overall sales price was lower than last year–the winter months are not very popular for buying homes and houses can set longer, with prices being reduced.  We will see if Waldo is as hot of a market this year as it was last year as we get into the warmer weather.

Currently there are 17 active single family homes listed in Waldo, with an average price of $255,000 and 77 days on market.

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

 

Armour Hills Home Sales Report-Jan 2020

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As we are so early into the year, not many stats to report regarding home sales…the home buying season is just getting started!  So, here is the short report for the Armour Hills subdivision of Brookside:

January 2020                                                               January 2019

Median list price:      $433,000                                     $289,975

Median sales price:   $433,000                                    $275,500

No. of homes sold:            1                                                 2

Days on market:              44                                                55

Just one home closed last month, on the upper end of the price point for Armour Hills.  As is typical, it takes longer for homes to sell during the winter months.

Currently there are four active listings in Armour Hills, with a median price of $369,975 and seven days on the market.

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

Brookside Home Sales Report-Jan 2020

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This is going to be a quick blog, as I start 2020 reporting home stats.  I will just be posting January numbers with comparisons to 2019–as there is no YTD figures until next month.

So, here are the figures for single family home sales in Brookside, using the zip code of 64113:

January 2020                                                               January 2019

Median list price:  $415,000                                         $350,000

Median sales price:  $400,000                                      $339,000

No. of homes sold:        7                                                  10

Days on market:          44                                                  31

Prices took a significant jump but with so few homes selling, I think the more expensive homes went under contract last month.  Fewer homes did close compared to last January, and they sat on the market longer.  As we get into the warmer weather, more listings will come on –and more sales will follow!

Currently there are 22 active listings, with a median list price of $519,450 and 87 days on market.  Prices range from $289,000 to $7.7 million.  Half of the homes for sale are at $500,000 or higher; six priced over $1 million.

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

Armour Hills Home Sales Recap-Dec 2019

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I’ve said a few times last year that Armour Hills has some of the fastest growing home values in Brookside–and these year end stats support that statement. Why?  Several reasons I think:  a wider variety of home prices; close to Brookside/Waldo amenities; lots of curb appeal and interior charm; a strong homes association; Arbor Villa park sits in the middle of the subdivision.  Let’s look at the numbers:

December 2019                                        December 2019

Median list price:    $402,000                Median list price:     $276,950

Median sales price:  $397,000               Median sales price:   $272,500

No. of homes sold:    2                             No. of homes sold:      2

Days on market:      24                            Days on market:          65

Technically prices rose 31% over December 2018, however this is a bit of a fluke–only two homes sold each year, and obviously last month it was the larger, more expensive homes.  The YTD comparisons tell the real story:

Year             Med. List Price           Med. Sales Price          No. Sold          DOM

2019              $339,900                         $340,000                         82                   21

2018              $315,000                         $315,000                        80                     9

2017             $314,500                         $312,500                          9                      7

2016             $275,000                          $274,500                         91                  21

2015             $269,700                           $266,750                        80                  28

The number of homes sold each year is very consistent, and sellers are getting very, very close to asking price.  Since 2015, values up 27.4% in five years; Brookside (using zip code 64113) values are up 13.8% during the same time period. Armour Hills…hot neighborhood for buyers!

Currently there are four active listings, with a median list price of $367,475 and 42 days on market.  

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