Category Archives: Kansas City Home Sales Statistics

Armour Hills Home Sales – 2024 Wrap Up and Five Year Comparison

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Before we get too far into February, I wanted to post this blog recapping Armour Hills home sales for 2024 and the five year comparison. Armour Hills one of the largest homes associations in Brookside–and one of the most popular! See below:

20242023202220212020
Median list price:$439,000$432,500$399,000$365,000$345,000
Median sales price:$450,000$450,500$427,000$380,000$344,000
Days on market:32337
No. homes sold:6370847099

The highest sales price last year was $722,000 and the lowest was $260,000. Overall, the stats from 2023 to 2024 are virtually the same–steady prices, fewer homes sold. Comparing 2024 to 2020, prices are up 30.81% and fewer homes are going on the market each year to sell. Armour Hills is such a nice place to live–people don’t want to leave! That may be part of it but also–overall, fewer homes come up for sale because many owners do not want to move or feel they can’t afford to–want to hang on to a lower interest rate, or perhaps have no mortgage at all. What will happen in 2025? Watch this space to find out!!

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

Waldo 2024 Home Sales Report – And 5 Year Comparison

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Numbers tell a story….and Waldo home prices have remained remarkably steady compared to 2023. Of course, looking over the past five years-they have increased, which is what homeowners want!. In addition, the number of homes changing owners rose as well last year, and that’s a positive sign for those that want to buy. Let’s take a closer look, using the street boundaries of State Line to Holmes and Gregory to 85th St for the stats:

20242023202220212020
Median list price:$295,000$295,000$265,000$250,000$224,950
Median sales price:$299,500$298,000$278,000$260,000$230,000
Days on market:43334
# of homes sold:300263289397371

Many buyers are still paying over the asking price by about 1.5%, and homes don’t usually linger on the market longer than a few days. That has been the norm for a few years now. Buyers have accepted the higher interest rates, and 14% more properties sold in 2024 than 2023. Last year, the lowest closed price was $85K and the highest was $675,000 (a new build on Main St). Still, the number of homes changing owners has fallen 32% since 2021, when interest rates were much lower and houses more affordable. Since 2020, home values have gone up 30% in Waldo.

Currently there are 21 single family homes for sale in Waldo, with half of those priced over $300K. The lowest list price is $155,000 and the highest is $515,00.

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

Brookside Home Sales Report – 2024 Stats and 5 Year Comparison

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The 2024 Brookside home sales stats are in …so this is the time to see how much our home values are rising compared to years past. There is a reason owning a home is a good investment: because the value usually goes up, not down, and that is certainly the case for Brookside. Let’s take a look at the numbers; I’m using the main Brookside zip code of 64113 for the stats:

20242023202220212020
Median
list price:		$562,500$550,000$489,900$459,950$419,000
Median sales price:$575,000$572,500$500,000$475,000$415,000
Days on market:33338
# of homes sold: 264246295338327

Looking at 2024 as a whole, buyers paid about 2% over asking price, and most homes went under contract within a few days of listing. The number of homes changing owners was up 7.3% compared to 2023. The lowest closed price of 2024 was $260K and the highest was $5.78 million.

The five year trend shows us home values have risen 38% since 2020 and the number of homes up for sale has steadily gone down; people are choosing to live in their homes longer and hang on to the lower interest rates. Overall, there was a 7% increase in value between 2023 and 2024.

At this time there are 12 single family home listings in Brookside, with a median list price of $671,000. Five homes are priced over $1million; the lowest listed price is $309,900 and the highest is $2,79 million.

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

Waldo Home Sales Report-November 2024

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Waldo home values took a bit of a tumble last month but don’t panic! Overall for the year–prices remain steady. Let’s take a look at the numbers; the street boundaries I am using for these stats are single family homes from State Line to Holmes and Gregory to 85th St:

november 2024november 2023
Median list price:$285,000$325,000
Median sales price:$289,900$335,000
Days on market:64
No. of homes sold:2327

Final sales prices dropped 13% compared to November 2023; yet you can see most buyers were paying a bit over the list price. The number of homes sold dropped slightly. The lowest closed price was $155,000 and the highest was $500,000. Here are the year-to-date numbers:

Jan-nov 2024jan-nov 2024
Median list price:$295,000$295,000
Median sales price:$300,000$300,000
Days on market:43
No. of homes sold:247249

These YTD numbers show us that Waldo home prices remain steady–just about identical to this time last year! That’s good news: still a desirable location for homebuyers and prices haven’t jumped or dropped dramatically. Currently there are 26 active single family homes for sale in Waldo with a median list price of $262,500 and 59 days on market.

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

Brookside Home Sales Report – November 2024

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Last month, Brookside had it’s highest closed sales price for the year–over $5,000,000! Read on for the full breakdown of the stats. Higher interest rates have not slowed down home sales in our neighborhood-I think buyers have accepted that an above 6% rate is the norm now. Who knows what will happen next year? Let’s take a look at the numbers; I’m using the primary zip code of 64113 for these stats:

november 2024november 2023
Median list price: $530,000$515,000
Median sales price:$537,500$485,000
Days on market:113
No. of homes sold:2519

The lowest closed price last month was $315,000 and the highest was just under $5.8 million–cash purchase!! It was a house in the Sunset Hill area. Sales prices were up 10.8% compared to last November, and more homes closed. Below are the year-to-date numbers:

jan-nov 2024jan-nov 2023
Median list price:$549,950$550,000
Median sales price:$560,000$570,000
Days on market:33
No. of homes sold:245231

Overall, prices are down almost 2% for the year; 6% more homes have changed owners and — many buyers still paying over the list price. It’s difficult for me to type these words: the median price of a Brookside home is now over half a million dollars! But remember, there are no “formal” boundaries for Brookside; I use the 64113 zip code to check numbers, and the boundaries for 64113 are: 55th St to Gregory; State Line to Oak.

Currently there are 17 listings in Brookside, ranging in price from $329K-$4,950,000.

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

Waldo Home Sales Report – October 2024

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The housing values in Waldo are up and down in this report; overall, though, prices remain fairly steady. These stats are taken from single family home sales in Waldo from State Line to Holmes and Gregory to 85th St:

october 2024october 2023
Median list price:$279,250$280,000
Median sales price:$272,500$305,000
No. of homes sold:263
Days on market:2019

Home values are down just about 12% compared to October 2023; and many buyers paid less than the asking price; that’s unusual. It could be that sellers overpriced their properties as you can see many homes sat on the market longer–almost a month. Yet I think the YTD numbers show the trends better:

jan-oct 2024jan-oct 2023
Median list price:$299,000$285,000
Median sales price:$305,300$290,000
No. of homes sold:222219
Days on market:33

Overall, prices are up just over 5% for the year, and about the same number of homes have changed ownership. Waldo seems to be a very stable market, with homes gaining in value. Many buyers are paying asking price or just over. This shows that Waldo remains a hot place for homebuyers! Currently there are 36 single family homes in Waldo for sale, with a median list price of $274,975 and 53 days on market.

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

Armour Hills Home Sales Report – October 2024

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I’m starting off this blog with an unusual fact about October home sales in Armour Hills–last month only one home closed, at a price of $385,000, In October 2023, three homes closed with a median closed price of $465,000. Are home prices in Brookside dropping? The answer is yes. Let’s take a quick look at the year to date stats:

Jan-oct 2024jan-oct 2023
Median list price:$435,000$427,500
Median sales price:$444,750$450,500
Days on market:22
No. of homes sold:5260

The numbers are showing us here that prices dropped slightly, 1.2% compared to last year at this time; and 13% fewer homes sold. Still, many buyers paying over asking price. Currently there are 3 homes for sale in Armour Hills, with a median list price of $479,000 and 54 days on market–two of the three homes have been sitting for a while.

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

Brookside Home Sales Report-October 2024

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You may have heard that home prices are falling nationally; and that is true of Brookside as well as we look at last months single home sales stats. Here are the numbers; using the main Brookside zip code of 64113:

october 2024october 2023
Median list price:$475,000$562,500
Median sales price:$477,500$570,000
Days on market:63
No. of homes sold:2220

Looks like home prices dropped by 16% compared to October 2023; about the same number of homes changed owners. Why the drop? Some sellers are likely pricing more conservatively because fewer buyers are in the market – although several homes did sell more than the asking price, one closed at $65K over! There were also six homes that had significant price drops as well, lowering the median sales price. The lowest closed price was $310,000 and the highest was $1.3 million. Here are the year-to-date numbers:

jan-oct 2024jan-oct 2023
Median list price:$549,975$554,500
Median sales price:$568,000$575,000
Days on market:33
No. of homes sold:220212

These YTD numbers show a slight reduction in the median price-down just over 1%; yet many buyers still paying over the list price by over 3%. If you are a home seller–pricing is crucial!! The numbers are encouraging in that most homes are selling quickly and Brookside remains a very desirable place for homebuyers. Currently there are 24 single family homes for sale in Brookside, with a median price of $760,000 and 44 days on the market. Eighteen of those listings are priced over $500K; half of those are over $1,000,000.

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

Armour Hills – Home Sales Report September 2024

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Home values in Armour Hills dropped a bit compared to September 2023; they are holding steady for the year. Let’s take a look at the specifics:

september 2024september 2023
Median list price:$439,000$457,500
Median sales price:$450,000$478,750
Days on market:22
No. of homes sold:96

The median sales price dipped 6% compared to a year ago; a few more homes sold last month and you can see many buyers paying over the asking price. The highest closed price was $720,000 and the lowest was $305,000. Below are the year-to-date numbers:

jan-sept 2024jan-sept 2023
Median list price:$435,000$425,000
Median sales price:$447,000$450,.000
Days on market:22
No. of homes sold:5157

You can see the closed sales prices are very similar to last year at this time; and most Armour Hills homes are going under contract very quickly. Currently, there are three listings in Armour Hills, with a median list price of $525,000 and 30 days on the market.

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

Waldo Home Sales Report – September 2024

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Waldo had a large jump in the median sales price last month compared to September 2023; likely because more of the higher priced houses in Waldo closed. Let’s take a look at the details; I’m using single family home sales in the area of State Line to Holmes and Gregory to 85th St for these stats:

september 2024september 2023
Median list price:$324,950$228,500
Median sales price:$310,000$234,000
Days on market:38
No. of homes sold:2718

The median sales price last month jumped 32% over last year; of the 27 homes that closed, six of them were over $400K–a higher price point for Waldo. The lowest closed price was $180,000 and the highest was $620,000. Below are the year-to-date numbers:

jan-sept 2024jan-sept 2023
Median list price:$299,450$289,900
Median sales price:$310,000$290,000
Days on market:33
No. of homes sold:228231

The number of homes changing owners have remained steady; home values are up almost 7% this year and buyers are still paying over list price for many homes. Currently there are 25 single family homes listed in Waldo, with a median list price of $275,000 and 24 days on market.

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