Armour Hills Home Sales Report-Aug 2019

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.)