Category Archives: Kansas City Home Sales Statistics

Brookside Home Sales Report-May 2024

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Homebuyers are pushing prices up in Brookside; yet year to date, the median sales priced dipped from last year. What’s going on?? Let’s take a closer look at the numbers. I’m using the main Brookside zip code of 64113, single family home sales, for these stats:

MAY 2024MAY 2023
Median list price:$695,000$575,000
Median sales price:$725,000$582,000
Days on market:32
No. of homes sold:2528

The closed sales price was way up– 24% compared to 2023; and most buyers still paying over list price by about 4%. There were 4 million dollar + sales last month; the lowest closed price was $380K and the highest was $3.350 million cash. Only five homes closed under $500K; because most Brookside homes that closed were well over $500K, the median sales price was pushed way up compared to last year. The number of homes changing owners remains consistent. Here are the YTD figures:

JAN-MAY 2024JAN-MAY 2023
Median sales price:$535,000$567,000
Median list price:$553,500$576,000
Days on market:34
No. of homes sold:9191

So far this year, prices are down around 4% compared to 2023; yet again, most buyers are paying over the list price. We’ve had ten $1million + homes close this year. And consistently, most houses are under contract within a few days no matter what the price.

Currently there are 18 listed single family homes in Brookside, with a median list price of $587,500 and 25 days on the market.

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

Armour Hills Home Sales Report-April 2024

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Although when I check Armour Hills sales stats, it is a smaller group of homes than Brookside as a whole; about 900 homes in the subdivision. But it is a highly desirable area for many reasons, and sometimes buyers go way, way over list price to live here. And that affects all of Brookside. You’ll see in this report:

APRIL 2024APRIL 2023
Median list price:$445,000$427,000
Median sales price:$515,000$430,000
Days on market:24
No. of homes sold:76

Compared to last April, prices rose almost 20%! And buyers were paying well over asking price, median was 15.7%. Just seven homes closed, but note: one home sold $50K over asking price; a second sale was $70K over asking price and the 3rd was $40K over asking price. When buyers drive up prices so drastically, it really skewers the comparable homes for pricing and in turn, drive prices much higher than normal. The lowest closed price was $660,000 and the lowest was $430.

Here are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$445,000$385,000
Median sales price:$475,000$405,000
Days on market:36
No. of homes sold:1917

Home values are running 17% higher than last year in Armour Hills; about the same number of homes are changing ownership and homes still sell in under a week. Currently there are three homes listed in Armour Hills, with a median price of $489,000 and 12 days on market.

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

Waldo Home Sales Report-April 2024

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One more quick blog before the long holiday weekend..the unofficial start of summer! The busy home buying season is here–new listings are selling fast. Here are the single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

APRIL 2024APRIL 2023
Median list price:$299,900$267,500
Median sales price:$310,000$278,750
No. of homes sold:1922
Days on market:34

Buyers still paying over the list price; and values are up 13% compared to April 2023. The lowest closed price was $260,000 and the highest was $315,000. Below are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$295,000$275,000
Median sales price:$299,000$275,000
No. of homes sold:7169
Days on market:39

The number of homes changing owners is pretty steady; homes are going under contract within a couple of days being listed. Prices are up 8.7% for the year.

There are currently 14 homes for sale in Waldo, including three newly built properties. The lowest asking price is $230,000 and the highest is $679,000. Enjoy the holiday!

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

Brookside Home Sales Report-April 2024

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Smell the fresh cut grass, admire the colorful flowers, sleep with the windows open and a cool breeze at night…Spring is here in Brookside! For Sale signs are stuck in front yards, advertising homes on the market. Let’s take a look at the April sales stats for single family homes in Brookside:

APRIL 2024APRIL 2023
Median list price:$497.250$519,000
Median sales price:$523,000$516,000
Days on market:23
No. of homes sold:2217

Most buyers paid over the list price by about 5%; a few more contracts closed and prices were up a modest 1.3% compared to April 2023. The lowest closed price was $300K and the highest was $1,050,000. Here are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$499,950$550,000
Median sales price:$517,500$537,250
Days on market:37
No. of homes sold:6662

Here we see something unusual; prices were down 3.6% YTD over 2023; yet most buyers paying over list price. A few more homes changed owners this year. Currently there are 19 homes listings in Brookside with a median asking price of…..$920,000!! Most homes are priced over $500K, including 7 homes over a million. The lowest priced home is $450,000 and the highest is $8.5 million.

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

Waldo Home Sales Report-March 2024

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Nothing new here…prices for Waldo homes keep increasing! However, I will say that Waldo is still one of those areas where you can buy a house for over $400K or even under $250K–location and condition vary of course! Let’s take a look at the numbers; I’m using stats for single family homes located between State Line and Holmes, Gregory to 85th St.

MARCH 2024MARCH 2023
Median list price:$299,900$245,000
Median sales price:$300,000$248,750
Days on market:310
No. of homes sold:2116

Compared to March 2023, home values in Waldo are up just over 20%! Buyers are paying asking price or a bit over–and more homes have changed hands. The lowest closed price was $133,500 and the highest was $475,000.

Here are the year-to-date numbers:

JAN-MARCH 2024JAN-MARCH 2023
Median list price:$285,000$282,425
Median sales price:$291,000$271,500
Days on market:313
No. of homes sold:4944

For the year, prices are up 7%; the number of homes changing owners remains pretty steady. Currently there are 11 single family homes for sale in Waldo, with a median list price of $310,000. Two of the homes are new builds; lowest list price is $247,500 and the highest is $689,000.

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

Armour Hills Home Sales Report – March 2024

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Why are home prices rising so fast? I think I will write a blog about that topic within the next couple of weeks. Because when I see how far some buyers are paying over list price for a home, I think the general public would appreciate comments on price fluctuation! Armour Hills, one of the largest subdivisions in Brookside, continues to be a very desirable location, one that some buyers will pay just about anything to live here. More details follow! Here are the stats:

MARCH 2024MARCH 2023
Median list price:$450,000$365,000
Median sales price:$480,000$390,000
Days on market:225
No. of homes sold:55

Prices shot up 23% compared to March 2023; the same number of homes closed. Of the five homes that changed owners, one home sold for $55,050 over the asking price of $459,950 and another sold for $100,000 over the asking price of $475,000–and that house had just one and a half baths! The price of $575K is the highest so far this year in Armour Hills; there was another home that closed at that price in February–and yes, that one was way over the list price by $60K.

Let’s look at the year-to-date numbers:

JAN-MARCH 2024JAN-March 2023
Median list price:$439,950$365,000
Median sales price:$439,950$390,000
Days on market:36
No. of homes sold:1211

Home values are up over 12% compared to last year, and a few more homes have sold–I think some sellers/buyers are getting used to the fact that interest rates are not going to fall dramatically and they are now ready to move forward with moving plans. In Armour Hills, new listings do not stay on the market over a week; there are no active listings as of this writing.

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

Brookside Home Sales Stats-March 2024

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As we head into the usually busy Spring home buying season, it’s interesting to note that overall, home prices are trending downward; however buyers are still paying over list price. That sentence…can seem confusing, especially if you are in the market as a buyer. Let’s take a look at the numbers; I’m tracking single family home sales in the main Brookside zip code of 64113:

March 2024March 2023
Median list price:$475,000$657,000
Median sales price:$520,000$650,000
Days on market:212
No. of homes sold:1716

Here we see that the number of homes sold remains steady, and buyers paid 9.5% over the asking price. Compared to March 2023 however, home prices are down 20%. Last month the lowest closed price was $260,000 and the highest was $1.3 million. Ten of the 17 homes sold were priced over $500K and two were over $1,000,000.

Here are the year-to-date trends:

JAN-March 2024JAN-March 2023
Median sales price:$510,000$550,000
Median list price:$517,500$542,500
Days on market:319
No. of homes sold:4445

These YTD numbers aren’t as drastic but still reflect the trend: about the same number of homes are changing owners; buyers pay over asking price (YTD about 1.5%) and values are down 4.6%.

Currently there are just 12 homes for sale in the 64113 zip code, with a median list price of $974,500. Only one home is priced under $500K and five have prices over $1,000,000. There is just not enough inventory at the under $500K price point and when there is–the home goes under contract within a day or two.

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

Waldo Home Sales Report – February 2024

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Interesting news for Waldo home sales in this report- prices are down! What’s that all about?? I’m thinking it’s a fluke; possibly some homes initially priced high and then negotiated down; or more of the less expensive homes in Waldo closed rather than the ones priced closer to $350-$500K. Let’s take a look at the numbers:

February 2024February 2023
Median list price:$275,000$322,500
Median sales price:$281,000$315,000
Days on market:67
No. of homes sold:1916

The median sales price was down 12% compared to February 2023. Of the 19 properties that closed, nine were at or above asking price so most were below asking. The lowest closed price was $135,000 and the highest was $445,000.

Here are the year-to-date stats:

Jan-Feb 2024Jan-Feb 2023
Median list price:$275,000$289,950
Median sales price:$281,000$299,450
Days on market:320
No. of homes sold:2930

Year to date, the median price is down 6.5% compared to a year ago; however, buyers still paying over asking price. About the same number of homes have sold. Currently there are 6 single family homes for sale in Waldo, with a median list price of $259,750.

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

Armour Hills Home Sales Report-February 2024

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Armour Homes home values continue to rise–quite a range in the sold prices for last month, due to many buyers going way over the list price. Here are the details:

february 2024february 2023
Median list price:$400,000$385,000
Median sales price:$410,000$400,000
Days on market:122
No. of homes sold:33

Home values in Armour Hills are up 2.5% compared to last February. The lowest closed sales price was $318,300 and the highest was $575,000! Here are the year-to-date numbers:

jan-feb 2024jan-feb 2023
Median list price:$400.000$367,450
Median sales price:$410,000$375,700
Days on market:54
No. of homes sold:76

And so far this year, Armour Hills home prices are up about 9%; properties are still selling within a few days of listing. As I post this blog, there are no homes listed in Armour HIlls. It is a very popular Brookside subdivision!

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

Brookside Home Sales Report – February 2024

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The busy Spring home buying market started early this year–every week I see more homes coming on the market and getting snatched up quickly! Home values in Brookside continue to climb-let’s take a look at the numbers. I’m reporting for the main Brookside zip code of 64113, single family home sales:

february 2024february 2023
Median list price: $638,000 $650,000
Median sales price: $630,000 $650,000
Days on market: 11 3
No. of homes sold: 11 13

Although the median sales price was down 3% compared to a year ago, most sellers last month closed close to asking price. There were three $1,000,000+ sales last month; the highest was $2,000,000 and the lowest was $318,000. Most homes sold well over $500K. Here are the year-to-date stats:

jan-feb 2024jan-feb 2023
Median list price: $515,000 $439,000
Median sales price: $515,000 $430,150
Days on market: 9 47
No. of homes sold: 27 17

Year-to-date, home values are up over 19% compared to 2023, and more homes are selling in a shorter amount of time. Part of the higher median price can be attributed to more higher priced homes selling–over half the homes that closed were over $500K, and we’ve had four multi-million dollar sales in the first two months of the year.

Currently there are just 10 homes listed in the 64113 zip code, with a median price of….$1,222,500 and 28 days on the market. None of the currently listed homes are under $500K; there are five priced over $1,000,000 with the highest list price at $8.5 million.

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