Armour Hills Home Sales Stats-Aug 2018

Quite a few homes closed in Armour Hills last month–our subdivision continues to be one of the most desirable neighborhoods in Brookside!  Below are the stats and year-to-date comparisons:

August 2018                                                              August 2017

Median list price:     $327,450                          Median list price:    $285,000

Median sales price:    $322,500                       Median sales price:   $285,000

No. of homes sold:       10                                 No. of homes sold:    11

Days on market:          22                                  Days on market:        19

It’s unusual for there to be such a large difference in the YTD sales price–over $37,500–however last August, more of the lower priced AH homes closed.  The lowest price last month was $217,500 and the highest was $370,000.

Now for year-to-date numbers:

Jan-Aug 2018                                                    Jan-Aug 2017

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

Median sales price:  $320,000                       Median sales price:    $312,500

No. of homes sold:      55                               No. of homes sold:     71

Days on market:         10                                 Days on market:        7

Home values are up 1.5% over last year at this time and fewer homes have sold–the days on market are about the same.  Note actual sales prices are over list price for the year–indicating strong buyer interest and multiple offer situations.

Currently there are 6 homes for sale in Armour Hills, with a median list price of $394,950 and 53 days on market.

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

 

Brookside Home Sales Stats – Aug 2018

Brookside home sales are slowing down, as they typically do in the second half of the year.  Homes are sitting on the market longer, however prices are still strong, outpacing last year.  Below are the stats, using the main Brookside zip code of 64113:

August 2018                                                                      August 2017

Median list price:      $350,000                                    Median list price:   $376,000

Median sales price:   $337,500                                    Median sales price:  $358,750

No. of homes sold:       27                                             No. of homes sold:  24

Days on market:           23                                             Days on market:     37

The highest closed sales price last month was $780,000 and the lowest was $217,500. Prices dropped almost 6% comparing the two months.

Here are year-to-date numbers:

Jan-Aug 2018                                                                      Jan-Aug 2017

Median list price:      $399,950                                     Median list price:    $382,447 

Median sales price:   $394,000                                    Median sales price:  $370,000

No. of homes sold:      195                                            No. of homes sold:    208

Days on market:         19                                               Days on market:       19

Overall, home values are up 9.8% ytd over last year!   

Currently there are 57 active single family home listings in Brookside, with a median price of $429,000 and 66 days on market. Interesting that 24 of those homes are priced under $400K–usually those sell quickly. The lowest list price is $229,900 and the highest is $4.5 million.

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

 

Waldo Home Sales Report – July 2018

Waldo home values continue their upward climb compared to one year ago…demand is very strong for the moderately priced houses you can find in this area. Here is the July 2018 single family home sales report for Waldo, using the boundaries of Gregory to 85th St and Holmes to State Line:

July 2018                                                                 July 2017

Median list price:      $215,000                            Median list price:     $149,725

Median sales price:   $210,000                           Median sales price:  $162,000

No. of homes sold:       43                                    No. of homes sold:    30

Days on market:           8                                       Days on market:       5

The lowest sales price last month was $47,000 and the highest was $460,000.

Year-to-date stats below:

Jan-July 2018                                                       Jan-July 2017

Median list price:     $199,900                          Median list price:      $175,000

Median sales price:   $200,000                         Median sales price:   $176,000

No. of homes sold:      237                                No. of homes sold:       243

Days on market:        15                                    Days on market:          15

Compared to the same time period last year, Waldo sales prices are up 13%! Currently there are 27 active listings, ranging in price from $115,000 to $398,000 and 27 days on market. 

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

Armour Hills Home Sales Report-July 2018

Interesting stats for the Armour Hills subdivision in Brookside–a slight dip in home values to report and several homes currently on the market.  That’s a change from previous months.  Let’s look at the numbers:

July 2018                                                              July 2017

Median list price:   $349,950                            Median list price:    $335,000

Median sales price: $348,450                           Median sales price:  $335,000

No. of homes sold:    9                                       No. of homes sold:      6

Days on market:      3                                         Days on  market:      5

The lowest closed sales price last month was $200K and the highest was $430,000, $10,000 over the list price.  Year-to-date stats below:

Jan-July 2018                                                     Jan-July 2017

Median list price:    $315,000                         Median list price:     $320,000

Median sales price:  $315,000                        Median sales price:  $322,500

No. of homes sold:    45                                   No. of homes sold:     59

Days on market:      5                                      Days on market:        7

Median home prices are down 2% compared to 2017, however this may be a one month blip.  Homes are still selling quickly in Armour Hills and there is less inventory than 2017.  Currently there are 13 active listings, at a median list price of $329,000 and 33 days on market.

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

 

Brookside Home Sales Report-July 2018

Just over halfway through the year and home values continue to rise in Brookside.  As we get closer to the cold weather, fewer homes will be listed resulting in fewer sales. Here is the July 2018 sales report for Brookside, using the zip code of 64113:

July 2018                                                                          July 2017

Median list price:     $415,000                                     Median list price:    $394,975

Median sales price:   $415,000                                    Median sales price:   $392,500

No. of homes sold:       27                                            No. of homes sold:       26

Days on market:          23                                             Days on market:      10

The lowest sales price last month was $200,000.  The highest sold listing is located at 6505 State Line Road–the large Art Deco style home with the white exterior built in 1935.  Listed in 2015 for $3.3 million, it closed last month at $1.5 million. This home is on the National Register of Historic Places.  

Checking year-to-date figures:

Jan-July 2018                                                                    Jan-July 2017

Median list price:      $409,000                                 Median list price:       $384,900

Median sales price:     $397,000                               Median sales price:     $375,000

No. of homes sold:       169                                      No. of homes sold:      185

Days on market:            16                                       Days on market:          17

Compared to last year, median home prices are up 9%.  Fewer homes have sold, with about the same days on market.  Currently there are 60 houses on the market in Brookside, with a median  price of $507,475 and 56 days on market.  Nine of the homes are priced over $1 million; 30 total over $500,000.  The lowest listed price is $260,000 and the highest is $4.25 million.

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

 

 

Armour Hills Home Sales Report-June 2018

Armour Hills, one of the largest subdivisions in Brookside, continues to be one of the most desirable locations for home buyers.  Again last month, median sales price was higher than list price.  Here are the stats:

June 2018                                                          June 2017

Median list price:     $315,000                      Median list price:    $294,500

Median sales price:   $322,500                    Median sales price: $306,000

No. of homes sold:     8                                 No. of homes sold:    17

Days on market:        6                                  Days on market:      34

And here are year-to-date figures:

Jan-June 2018                                              Jan-June 2017

Median list price:     $313,450                  Median list price:    $317,250

Median sales price:   $312,500                Median sales price:  $313,500

No. of homes sold:       36                         No. of homes sold:    54

Days on market:           6                           Days on market:        6

The lowest closed sales price so far this year is $180,000 and the highest is $475,500.  Median sales prices are less than 1% this year compared to last; however fewer homes have sold this year.  Overall, I think 2018 prices will beat 2017.  Currently there are ten active listings in Armour Hills, with a median price of $327,450 and 18 days on market.

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

Waldo Home Sales Report – June 2018

Halfway through 2018 and Waldo home values are as sizzling hot as the outdoor temperatures!  Closed sales prices are regularly above asking price.  Let’s look at the numbers, using the Waldo street boundaries of State Line to Holmes and Gregory to 85th St:

June 2018                                                June 2017

Median list price:     $200,000               Median list price:    $185,000

Median sales price:  $219,000               Median sales price:  $194,000

No. of homes sold:    31                         No. of homes sold:    45

Days on market:        35                          Days on market:      3

The main reason the days on market last month were so much longer was due to one house that sat for sale for over six months.  Most Waldo area homes sell in under seven days.   The lowest sales price in June 2018 was $35,500 and the highest was $405,920.  Below are year-to-date comparisons:

Jan-June 2018                                            Jan-June 2017

Median list price:      $197,000                Median list price:    $175,000                       

Median sales price:   $199,500                Median sales price:  $177,500

No. of homes sold:       180                     No. of homes sold:    205

Days on market:           15                        Days on market:     18

Fewer homes have sold this year due to a lack of inventory, and that’s pushing prices up–over 12% increase over last year.  Currently there are 29 single family homes for sale in Waldo, with a median price of $249,000 and 23 days on market. The lowest list price is $134,900 and the highest is $485,000.

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

 

 

Brookside Home Sales Stats-June 2018

We are halfway through the year and Brookside home sales continue to be very strong, especially in the under $500K price range.  Inventory is generally lower than last year.  Here is the single family home sales report for last month, and a YTD comparison for the main Brookside zip code of 64113:

June 2018                                                                               June 2017

Median list price:      $410,000                                Median list price:     $372,000

Median sales price:    $395,000                              Median sales price:  $367,500

No. of homes sold:        39                                        No. of homes sold:   40

Days on market:            19                                         Days on market:     20

The lowest closed sales price last month was $165,375 and the highest was $1.2 million. 

Below is year-to-date comparisons:

Jan-June 2018                                                                  Jan-June 2017

Median list price:      $399,900                                     Median list price:     $375,000

Median sales price:   $390,000                                   Median sales price:   $360,000

No. of homes sold:     141                                            No. of homes sold:      157

Days on market:         14                                               Days on market:          20

The lowest sales price so far in 2018 was $168,500 and the highest was $1.6 million.  Median home prices are up 8% compared to last year!  Will prices drop the second half of the year, when sales traditionally slow down?  Watch this space for the monthly numbers!

Currently there are 61 active single family home listings in Brookside, with half of those priced over $500K; nine listings over $1million.  Median price is $565,000 and 39 days on market.

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

 

Waldo Home Sales Report-May 2018

Double digit increases in home values continue in the Waldo area…when is the market going to slow down in this super hot neighborhood??  Here are the May 2018 single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

May 2018                                                            May 2017

Median list price:    $221,750                           Median list price:     $187,450

Median sales price:   $221,000                         Median sales price:   $189,250

No. of homes sold:     36                                   No. of homes sold:      44

Days on market:       10                                     Days on market:         12

Prices were up 16% over same period last year, and most sellers continue to get more than asking price for their properties.  Here are the year-to-date figures:

Jan-May 2018                                                  Jan-May 2017                      

Median list price:      $195,000                     Median list price:     $175,000

Median sales price:    $197,000                    Median sales price:    $177,000

No. of homes sold:     147                              No. of homes sold:      157

Days on market:         15                                Days on market:         26

Fewer homes are available to buy, so prices are trending upward due to lack of inventory.  Home values are up 11% YTD over last year, with most homes selling for over asking price and in a shorter period of time.  Currently there are 21 single family homes for sale in Waldo, with a median list price of $269,900 and 23 days on market. 

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

Armour Hills May 2018 Home Sales Report

Armour Hills continues to be one of the most desirable neighborhoods for Brookside home buyers.  Most homes are under contract within a few days of listing.  And many homes sell for over the asking price.  Let’s look at the specific stats:

May 2018                                                                     May 2017

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

Median sales price:   $320,000                             Median sales price:   $327,500

No. of homes sold:         7                                       No. of homes sold:     17

Days on market:           2                                         Days on market:         3

Although the median sales price was lower last month–buyers are still snapping up new listings within a couple of days.  Here are year-to-date numbers:

Jan-May 2018                                                         Jan-May 2017

Median list price:     $306,0000                        Median list price:         $320,000     

 Median sales price:   $309,500                        Median sales price:      $322,500

No. of homes sold:     28                                    No. of homes sold:        37

Days on market:        6                                       Days on market:           4

Although YTD prices are running behind 2017, homes are still selling fast and generally, for over asking price. The highest sale in Armour Hills so far this year was $465,000 and the lowest was $180,000.  Currently there are 9 homes for sale in Armour Hills, with a median list price of $339,000 and 27 days on market.

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