Armour Hills Home Sales Report-Nov 2016

Even during the traditionally slower Fall home buying season…Armour Hills continues to be a hot  area for homebuyers.  Prices continue to rise compared to 2015.    Let’s look at the numbers:

Nov  2016:                                                          Nov  2015:

Median list price:      $260,000                     Median list price:        $274,950

Median sales price:  $260,000                      Median sales price:    $276,000

Number of homes sold:  9                               Number of homes sold:   4

Days on market:             35                                 Days on market:              70

Although median price was lower than last November, five of the homes sold at list price or over list price.

Checking year to date figures:

2016, Jan-Nov:                                                          2015, Jan-Nov:

Median list price:      $272,500                              Median list price:      $265,000

Median sales price:  $272,500                              Median sales price:  $265,000

Number of homes sold:  80                                   Number of homes sold: 73

Days on market:             30                                      Days on market:            34

Prices are up, and more homes are selling.  So far, the lowest sale in Armour Hills this year is $176,000 and the highest is $499,000.  Next month I will report 2016 year end results as well as December stats.

Currently there are 4 homes for sale in Armour Hills, with a median list price of $280,000  and 77 days on market.

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

Waldo Home Sales Report-Nov 2016

Homebuyers continue to seek out Waldo as a place to put down roots!  Sales continue to outpace last year and prices –rising.  Here are the November 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

November 2016

Number of homes sold:    29

Median list price:              $175,000

Median sales price:          $172,000

Average days on market:    15

The lowest sales price last month was $86,000 and the highest was $345,000.  

November  2015

Number of homes sold:      14

Median list price:              $157,475

Median sales price:          $162,500

Average days on market:    24

Twice as many homes sold this November compared to 2015; median sales price jumped up as well. Also, houses are going under contract faster.

Now let’s compare year-to-date:

Jan-Nov 2016

Number of homes sold:    373

Median list price:            $167,500

Median sales price:        $167,500

Average days on market:  22

Jan-Nov 2015

Number of homes sold:    335

Median list price:             $160,000

Median sales price          $162,000

Average days on market:    34

So far this year, 11% more homes have sold and prices are up 3.39%.                           

Currently in Waldo, there are 34 single family homes for sale at a median list price of $165,000 and 52 days on market.

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

Brookside Home Sales Report-Nov 2016

As we come to a close on a very active real estate market for Brookside…prices are continuing to rise as demand is still strong, particularly in the $400K and less price range.   Here is the single family home sales report for Brookside (zip code 64113) for November  2016, and comparisons to last year:

November 2016

Median list price:               $350,000

Median sales price:           $349,000

Average days on market:     35

Number of homes sold:        25

(Lowest sales price was $202,000; highest sales price was $750,000).

You can see that sellers are getting virtually the asking price during contract negotiations.  Thirteen of the homes that closed last month were at or above asking price.

November 2015

Median list price:                $315,000

Median sales price:            $312,000

Average days on  market:      39

Number of homes sold:          19

Compared to November 2015, prices are up 11.68%. Part of that increase is due to lack of inventory–very often sellers will have multiple offers on  homes that are updated and  well maintained.

Now let’s check year to date figures:

2016, January to November

Median list price:         $357,700

Median sales price:     $352,500

303 homes sold; average 35 days on market.

2015, January to November

Median list price:         $330,000

Median sales price:     $325,000

315 homes sold; average 39 days on market      

Home prices in Brookside are up 8.46% YTD.  

Currently there are 37 active single family listings in the Brookside zip code of 64113. Just seven of those homes are priced at $400K or less.  Ten homes are listed at $998,000 through $2,400,000.  

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

Waldo Home Sales Stats-Oct 2016

Wonderful Waldo continues to be sizzling hot for home buyers!  Once again, median sales price is over list price for October 2016.   Let’s look at the numbers for this area-  Gregory to 85th St; Holmes to State Line Road:

October 2016

24 homes sold; median list price was $159,925 and median sales price was $163,500 with 17 days on market.  The lowest priced home sale was $93,000 and the highest was $275,000.

Sixteen homes sold at or above list price.

October 2015

31 homes sold; median list price was $144,900 and median sales price was $139,000 with 38 days on market. 

Checking year to date figures:

January – October 2016

333 homes have sold; median list price is $159,900 and median sales price is $160,000 with 22 days on  market.

January – October 2015

309 homes sold;  median list price was $155,000 and median sales price was $152,500 with 34 days on market.

Prices are up year to date 4.9% and homes are selling faster this year! Currently there are 39 homes for sale in Waldo with a median list price of $169,900 and 39 days on  market. Price range is $74,900 to $499,000.

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

Armour Hills Home Sales Stats – Oct 2016

Is Armour Hills the hot neighborhood for Brookside buyers this year?  Seems that way, as once again the median sales price is over the list price!  Because I live in Armour Hills, I can tell you buyers are very attracted to the area because of the central location to the Brookside shops, convenient Metro bus service, the revitalized park in the center of the ‘hood, easy access to the Trolley Track Trail  and the wide range of prices.  Here are the numbers:

October 2016

Ten homes sold. Median list price was $294,974. Median sales price was $304,999, with 34 days on market. Seven of the ten homes sold at or above asking price, with one home closing at $25,500 over the list price.

October 2015

Five homes sold. Median list and sales  price was $249,000 with 8 days on market.

Comparing year-to-date:

January-October 2016

71 homes sold, median list price $275,000 and median sales price $274,500 with 29 days on market.

January-October 2015

69 homes sold, median list and sales price was $265,000 with 32 days on market.

Median sales prices are up 3.5% over 2015.  Right now there are four homes for sale in Armour Hills, with a median list price of $309,975 and 49 days on  market. Price range is $208,888-$464,900.

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

Brookside Home Sales Stats – Oct 2016

Hello neighbors!  Time to check Brookside home sales stats for October 2016.  As has been the situation all year, prices are above 2015.  Let’s check the numbers–for the Brookside zip code of 64113:

October 2016

Median List Price:     $340,000

Median Sales Price:   $332,475

Twenty eight homes sold; the highest sales price was $1 million and the lowest was $190,000. Median days on market:  27

October 2015

Median List Price:    $398,725

Median Sales Price    $386,500

Twenty eight homes sold.  Median sales price for Oct 2015 was higher because more of the $500K plus homes sold during the month last year.

Jan-Oct 2016 – 278 homes sold

Median List Price:     $358,350

Median Sales Price:  $353,500

Jan-Oct 2015 – 296 homes sold

Median List Price:     $331,250

Median Sales Price:   $325,000

Prices are up for the year–over 8%.  Fewer homes have sold, however there is still strong demand — that is one reason prices are rising.  Currently there are 37 active single family home listings in the Brookside zip code of 64113. Median list price is $720,000.  Twenty two of the homes for sale are priced over $500K; ten of those are over $1 million.

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

 

 

Waldo Home Sales Report-Sept 2016

Waldo continues to attract homebuyers this year..sales are strong, and sellers are getting very close to asking price for their homes. Wonderful Waldo is HOT for homebuyers!!!  Here are the September 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

September 2016:

Number of homes sold:    34

Median list price:              $177,000

Median sales price:          $173,750

Average days on market:    31

The lowest sales price last month was $82,000 and the highest was $293,000.  Final sales price was just under 2% of list price.

September  2015:

Number of homes sold:      34

Median list price:              $130,000

Median sales price:          $129,500

Average days on market:    23

Comparing Sept 2016 to Sept 2015 finds a jump in the median sales price–however, this year more of the higher priced homes sold, raising that median price. Notice how fast homes are going under contract–within 30 days of listing.

                                                      2016 / 2015:                                                                                     

Number of homes sold:           310 / 281                                

Median list price:                 $167,694 / $160,000                         

Median sales price:             $167,500 / $156,500

Average days on market:              23 / 34

The trend for 2016 is higher prices, homes selling at or near list price  and homes selling faster.  Good news for Waldo home sellers–and buyers, because they can feel confident they are buying in a desireable area.                                  

Currently in Waldo, there are 33 single family homes for sale at a median list price of $158,000 and 51 days on market.

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

Armour Hills Home Sales Report-Sept 2016

Checking home sales for Armour Hills September 2016…overall, prices are steadily rising this year.  Let’s look at the numbers:

Sept  2016:                                                           Sept  2015:  

Median list price:      $244,950                      Median list price:        $269,500

Median sales price:  $247,500                       Median sales price:    $265,000

Number of homes sold:  6                               Number of homes sold: 3

Days on market:             39                                 Days on market:           91

You can see median sales price for last month was considerably lower than August 2015.  However, in September 2016, four of the six homes sold at or above list price. Days on market was much less as well.  

Checking year to date figures:

2016, Jan-Sept:                                                          2015, Jan-Sept:

Median list price:      $269,500                              Median list price:      $267,250                      

Median sales price:  $267,000                              Median sales price:  $265,000

Number of homes sold:  61                                    Number of homes sold: 64

Days on market:             26                                      Days on market:            33

Currently there are 8 homes for sale in Armour Hills, with a median list price of $322,500.

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

Waldo Aug 2016 Home Sales Stats

Waldo continues to attract homebuyers this year..sales are strong, desireable inventory is low.  Here are the August 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

August  2016:

Number of homes sold:    47

Median list price:              $150,000

Median sales price:          $158,000

Average days on market:    35

You are reading that correctly–the final sales price was higher than the list price! Last month, half of the homes sold at or above asking price.  The lowest closed price was $56,001; the highest was $338,687.

August 2015:

Number of homes sold:      24

Median list price:              $125,000

Median sales price:          $126,000

Average days on market:    30

That’s a large jump in median sales price compared to August of last year.  Looking at the year to date figures below, you’ll see an increase in price as well as number of units sold:

                                                             2016 / 2015:                                                                                     

Number of homes sold:                270 / 244                                  

Median list price:                 $159,900 / $155,000                         

Median sales price:             $160,000 / $154,200

Average days on market:              22 / 35

                                  

Currently in Waldo, there are 33 single family homes for sale at a median list price of $149,000 and 35 days on market.

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

Armour Hills July 2016 Home Sales Stats

Home buyers continue to see Armour Hills as a desireable place to purchase a home…the trend continues of buyers paying more than the asking price to purchase in this Brookside neighborhood. Here are the home sales stats for June 2016:  

July  2016                                                                   July  2015  

Median list price:      $254,500                            Median list price:        $274,900

Median sales price:  $256,000                            Median sales price:    $270,025

Number of homes sold:  8                                   Number of homes sold: 12

Days on market:             5                                    Days on market:           42

Of the eight homes that closed last month, five sold at or above list price. One home sold for $25,000 over the asking price!

Checking year to date figures:

2016, Jan-July                                                            2015, Jan-July

Median list price:      $275,000                              Median list price:      $265,000                      

Median sales price:  $274,500                              Median sales price:  $265,000

Number of homes sold:  47                                   Number of homes sold: 57

Days on market:             16                                   Days on market:            33

Although the median price is lower than July 2015, pay attention to the year-to-date figure:  prices are running 3.8% higher in 2016 and spending fewer days on market. Less homes for purchase means prices go up.

Currently there are just 4 homes for sale in Armour Hills, with a median list price of $225,000   and 12 days on market.

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