Category Archives: Kansas City Home Sales Statistics

Armour Hills Home Sales Report-Aug 2019

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Whew, the Armour Hills subdivision in Brookside continues to rise in value compared to the Brookside zip of 64113 as a whole.  I think this is primarily due to location, the park amenity, the range of home pricing, a strong homes association and the charm of the neighborhood.  Sales are steady, prices are up. Here’s the stats:

Aug 2019                                                       Aug 2018

Median list price:     $377,500                  Median list price:     $327,450

Median sales price:   $374,250                 Median sales price:   $322,500

No. of homes sold:     6                              No. of homes sold:     10

Days on market:        5                                Days on market:        22

Fewer homes closed last month compared to a year ago–and look at the days on market:  homes went under contract within just a few days of listing.  Below are the year-to-date stats:

Jan-Aug 2019                                                   Jan-Aug 2018

Median list price:     $345,000                      Median list price:     $315,000

Median sales price:   $345,000                     Median sales price:    $320,000

No. of homes sold:     61                                No. of homes sold:     58

Days on market:         15                                Days on market:      9

Home values are up 7.8% YTD over 2018.  That’s impressive.   I’d like to buy another house in Armour Hills now–to have when it’s time to downsize to one level living!  Currently there are six homes for sale, with an average list price of $389,975 and 16 days on market. Prices range from $229,900 to $519,000 (!)–over $500K is rare for this subdivision.

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

 

Brookside Home Sales Report-Aug 2019

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The peak spring and summer buying season is over, and as we get closer to the holidays, there will be fewer listings that pop on the market.  For Brookside, (using zip code 64113) last month’s stats were similar to a year ago–with higher median price.  Let’s break it down:

Aug 2019                                                               August 2018

Median list price:     $385,000                           Median list price:     $354,500

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

No. of homes sold:       26                                  No. of homes sold:      28

Days on market:        26                                      Days on market:      22

The lowest closed sales price last month was $275,000 and the highest was $973,000.  Now let’s look at year-to-date stats:

Jan-Aug 2019                                                        Jan-Aug 2018

Median list price:     $389,950                           Median list price:     $399,900

Median sales price:   $380,000                          Median sales price:    $390,000

No. of homes sold:     217                                  No. of homes sold:      201

Days on market:        22                                      Days on market:        18

Prices are down 2.5% compared to same time last year; however I think that could be caused by more lower priced homes selling later in the year. Overall, I expect Brookside home values to be higher than 2018 at the end of the year.  Number of homes sold and days are market are running similar to 2018.

Currently there are 42 active listings in Brookside, with an average list price of $479,975 and 40 days on market. Prices range from $229,000 to just under $6 million.

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

 

Waldo Home Sales Report-July 2019

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Reading this blog may seem like the Groundhog’s Day movie…same news about Waldo home values increasing, over and over!  Let’s take a look at the numbers:

July 2019                                                              July 2018

Median list price:     $239,000                         Median list price:    $215,000

Median sales price:   $243,000                       Median sales price:  $210,000

No. of homes sold:     34                                  No. of homes sold:      43

Days on market:      3                                       Days on market:         8

Most of the homes that closed last month sold at or over list price, at a substantial increase over last July.  Fewer homes sold, and were available, so that pushes prices up and note–listings went under contract in an average of 3 days!  Below are YTD numbers:

Jan-July 2019                                                               Jan-July 2018

Median list price:     $225,000                                  Median list price:     $199,800

Median sales price:  $225,000                                 Median sales price:   $200,000

No. of homes sold:     198                                         No. of homes sold:     234

Days on market:        8                                             Days on market:         16

When there are fewer homes for sale, prices go up–that’s what’s been happening in Waldo.  Most sellers continue to get ask or over list price for their homes.  So far, Waldo home prices  have risen 12.5% this year.  Currently there are 29 active listings, with a median price of $235,000 and 41 days on market.  Prices range from $45,000 to $399,000.

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

 

Armour Hills Home Sales Report – July 2019

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My neighborhood of Armour Hills continues to be one of the most desirable Brookside neighborhoods–just this year we have two new families just on my block! Home values continue to rise.  Let’s take a look at the numbers:

July 2019                                                        July 2018

Median list price:     $339,000                   Median list price:     $349,950

Median sales price:    $340,000                Median sales price:     $348,450

Number of homes sold:    12                   Number of homes sold:    9

Days on market:     12                               Days on market:             3

Homes sat on the market for a few days longer, and overall, sold for less than last year…but….the key is year-to-date figures, see below:

Jan-July 2019                                                  Jan-July 2018

Median list price:     $339,900                    Median list price:  $315,000

Median sales price:    $340,000                  Median sales price:  $317,500

No. of homes sold:      55                              No. of homes sold:    46

Days on market:         21                               Days on market:       4

More homes have sold YTD in Armour Hills, and home values are up 7% compared to last year!  Currently there are six homes for sale, with an average list price of $335,000 and 75 days on market.

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

 

Brookside Home Sales Report – July 2019

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As we check the numbers for Brookside home sales this year, an interesting fact to note:  more homes are selling this year but at lower prices.  This seems off, compared to the last few years.  Let’s take a closer look at the statistics for single family home sales in Brookside, using the zip code of 64113:

July 2019                                                                   July 2018

Median list price:     $377,500                              Median list price:     $420,000

Median sales price:     $370,000                           Median sales price:    $423,500

No. of homes sold:      36                                      No. of homes sold:        29

Days on market:         20                                        Days on market:          21

A few more homes sold last month compared to a year ago, for an overall lower price.  We did have a $1.7 million sale in July, and seven of the sold homes were over $500K. Here’s year to date numbers:

Jan-July 2019                                                           Jan-July 2018

Median list price:     $389,950                              Median list price:     $409,950                   

Median sales price:    $382,500                            Median sales price:    $398,000

No. of homes sold:       190                                     No. of homes sold:      172

Days on market:          24                                        Days on market:       14

So far this years, prices are about 1.4% lower than same time last year.  Homes are taking longer to sell on average–still, going under contract within 30 days is very desirable for sellers.  Currently there are 41 active single family homes for sale in Brookside, with a median list price of $420,950 and 57 days on market.  The lowest list price is $249,900 and the highest is just under $4,000,000.

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

 

Waldo Home Sales Report-June 2019

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Halfway through the year, Waldo home sales are still going strong!  Prices continue to rise and most homes are going under contract within a week of listing. Below are the stats, using the street boundaries of Gregory to 85th and State Line to Holmes:

June 2019                                                                June 2018

Median list price:     $215,000                            Median list price:     $194,000

Median sales price:    $213,000                          Median sales price:    $205,000

No. of homes sold:       37                                    No. of homes sold:      33

Days on market:         7                                        Days on market:          35

The numbers are showing us that prices are up, and homes sold faster than June 2018.  Let’s see where Waldo is year-to-date:

Jan-June 2019                                                       Jan-June 2018

Median list price:     $230,000                        Median list price:    $200,000

Median sales price:   $228,000                     Median sales price:   $200,500

No. of homes sold:      164                                  No. of homes sold:      182

Days on market:          10                                   Days on market:          16

The highest sold sales price so far this year in Waldo is $382,000 and the lowest is $26,000–that’s quite a range!  YTD, values are up just over 11%

Currently there are 38 single family homes for sale in Waldo, with a median list price of $234,500 and 20 days on market.

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

 

Armour Hills Home Sales Report-June 2019

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As a Brookside neighborhood (Armour Hills is one of the larger subdivisions in the area), buyers are still snapping up homes quickly–yet the market does appear to be slowing down..probably usual mid July slump as so many people head out of town on vacation. Here are the stats for June home sales in Armour Hills:

June 2019                                                                    June 2018

Median list price:     $329,000                                 Median list price:     $315,000

Median sales price:    $329,000                               Median sales price:     $322,500

No. of homes sold:        9                                          No. of homes sold:      8

Days on market:          24                                           Days on market:          6

Last month, the average days on market were longer, but still sellers are getting very close to list price.  The lowest closed sale in June was $293,000 and the highest was $358,000.  Here are YTD figures:

Jan-June 2019                                                            Jan-June 2018

Median list price:     $347,500                                 Median list price:     $314,900

Median sales price:   $350,000                             Median sales price:     $315,000

No. of homes sold:      43                                         No. of homes sold:      37

Days on market:         24                                          Days on market:         5

Home values up 11% compared to the same period last year.  I don’t think that percentage will be sustained through the end of the year. Currently there are 9 active listings in Armour Hills, ranging from $239,000-$379,500 and 57 days on market.  Median list price is $284,950.

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

Brookside Home Sales Report-June 2019

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We are halfway through the year…how are Brookside home sales holding up compared to last year?  Sales are still strong and prices up.  Read on for details…I am using the main Brookside zip code of 64113 (State Line to Oak; 55th to Gregory) for these stats.

June 2019                                                           June 2018

Median list price:      $369,000                       Median list price:     $412,500

Median sales price:   $370,000                       Median sales price:  $397,000

No. of homes sold:       31                                 No. of homes sold:     40

Days on market:           11                               Days on market:           16

Median sales price was down almost 7% compared to last year…however, in June 2018 there were three million dollar sales (just one last month) and more homes sold.  Still, many sellers getting at or over asking price!  Here are the YTD figures:

Jan-June 2019                                                       Jan-June 2018

Median list price:      $395,000                          Median list price:       $399,450

Median sales price:    $389,807                         Median sales price:   $386,750

No. of homes sold:        154                                No. of homes sold:    144

Days on market:           28                                   Days on market:       14

Prices are a little higher than last year and sellers getting very close to asking price and more homes sold YTD.  Currently there are 41 active single family homes listed in Brookside, with a median list price of $424,950 and 62 days on market.

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

 

 

 

Waldo Home Sales Report-May 2019

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I remember a time not that long ago when I would show homebuyers in Waldo a pretty nice, small 3 bedroom, one and a half bath home in Waldo for under $200K near 75th and Wornall. Not anymore–buyers are having to go farther south and/or east, plan fix up projects or get less square feet for that price.  Waldo home values continue to rise at a fast pace. Here are the stats, using the boundaries of State Line to Holmes and Gregory to 85th St:

May 2019                                                                  May 2018

Median list price:     $229,950                               Median list price:      $224,700

Median sales price:    $227,500                            Median sales price:    $227,000

No. of homes sold:       40                                       No. of homes sold:      40

Days on market:          4                                           Days on market:          9

Prices rose over last May, and homes went under contract faster. The lowest sales price was $49,950 and the highest was $375,000.  Here are year-to-date figures:

Jan-May 2019                                                            Jan-May 2018

 Median list price:     $225,000                                Median list price:     $195,000

Median sales price:    $219,950                              Median sales price:     $195,000

No. of homes sold:       132                                      No. of homes sold:          161

Days on market:          10                                        Days on market:           15

Fewer homes have sold YTD, but home prices up 12.79% over last year.  There is still a huge demand for well maintained, move in ready homes in Waldo, especially near the bustling 75th and Wornall intersection. Being close to restaurants, shops, services–on just about every Waldo homebuyers wish list!  Currently there are 32 homes for sale, with a median asking price of $242,475 and 29 days on market.

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

 

 

Armour Hills Home Sales Report-May 2019

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I’m still amazed at how quickly Armour Hills home values have shot up since the recession–home ownership is a good investment!  Houses are still selling very quickly at close to asking price.  Here are the numbers:

May 2019                                                                   May 2018

Median list price:     $365,000                                Median list price:     $325,000

Median sales price:   $359,000                               Median sales price:   $320,000

No. of homes sold:      12                                          No. of homes sold:    7

Days on market:           8                                           Days on market:       5

Most new listings went under contract within a week of hitting the market. The highest closed price last month was $460,000.  Below are year-to-date figures:

Jan-May 2019                                                          Jan-May 2018

Median list price:       $350,000                            Median list price:       $312,000

Median sales price:    $355,000                            Median sales price:    $310,000

No. of homes sold:      35                                        No. of homes sold:  29

Days on market:           26                                       Days on market:      5

At almost the halfway point in the year, Armour Hills home prices are up 14.5% over same period last year.  Are you surprised that your property tax assessment is climbing so quickly?? Currently there are 7 active listings, with a median price of $296,500 and 30 days on market.

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