Armour Hills Home Sales Report-Aug 2019

Posted on September 25, 2019 by Mary Hutchison

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.)

Armour Hills Home Sales Report-June 2019

Posted on July 18, 2019 by Mary Hutchison

As a Brookside neighborhood (Armour Hills is one of the larger subdivisions in the area), buyers are still snapping up homes quickly–yet the market does appear to be slowing down..probably usual mid July slump as so many people head out of town on vacation. Here are the stats for June home sales in Armour Hills:

June 2019 June 2018

Median list price: $329,000 Median list price: $315,000

Median sales price: $329,000 Median sales price: $322,500

No. of homes sold: 9 No. of homes sold: 8

Days on market: 24 Days on market: 6

Last month, the average days on market were longer, but still sellers are getting very close to list price. The lowest closed sale in June was $293,000 and the highest was $358,000. Here are YTD figures:

Jan-June 2019 Jan-June 2018

Median list price: $347,500 Median list price: $314,900

Median sales price: $350,000 Median sales price: $315,000

No. of homes sold: 43 No. of homes sold: 37

Days on market: 24 Days on market: 5

Home values up 11% compared to the same period last year. I don’t think that percentage will be sustained through the end of the year. Currently there are 9 active listings in Armour Hills, ranging from $239,000-$379,500 and 57 days on market. Median list price is $284,950.

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

Armour Hills Home Sales Report-March 2019

Posted on April 29, 2019 by Mary Hutchison

Regular readers of this blog will know how much the home values in the Armour Hills subdivision of Brookside have risen over the past few years. So far in 2019, Armour Hills is beating Brookside as a whole for the increase. See stats below!

March 2019 March 2018

Median list price: $339,900 Median list price: $269,500

Median sales price: $327,000 Median sales price: $265,500

No. of homes sold: 7 No. of homes sold: 14

Days on market: 69 Days on market: 6

Here are YTD figures:

Jan-March 2019 Jan-March 2018

Median list price: $339,900 Median list price: $289,475

Median sales price: $327,000 Median sales price: $287,000

No. of homes sold: 13 No. of homes sold: 16

Days on market: 81 Days on market: 14

Prices are up 13.9% YTD whereas the entire Brookside neighborhood (using zip 64113) dropped just over 1% same period. However, the Armour Hills sample is much smaller and there is such a huge range of home prices in Brookside (from the $200s into the millions) that this could just be a fluke. We are just now into the busy spring buying season–and I know the demand is strongest for homes priced under $400K–which is just where Armour Hills prices fall. The numbers should even out more as the year goes on.

Currently there are 11 homes for sale in Armour Hills, with a median list price of $360,000 and 17 days on market.

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

Armour Hills 2018 Home Sales Recap

Posted on January 31, 2019 by Mary Hutchison

Interesting year for home sales in Brookside’s Armour Hills subdivision. So many houses sold for way over the asking price, yet overall, value didn’t rise as much as I expected. Let’s take a look at the stats, starting off with December figures.

Dec 2018 Dec 2017

Median list price: $276,950 Median list price: $269,950

Median sales price: $272,500 Median sales price: $279,000

No. of homes sold: 2 No. of homes sold: 4

Days on market: 65 Days on market: 3

Here is the 2018/2017 comparison:

2018 2017

Median list price: $315,000 Median list price: $314,500

Median sales price: $315,000 Median sales price: $312,500

No. of homes sold: 79 No. of homes sold: 93

Days on market: 9 Days on market: 7

Fewer homes sold in 2018, and home values rose just .8% compared to 2017. Several AH homes sold last year for well over the asking price–many for $10-20K over, the highest was $38,000 above list price! As you can see from the above list/sales price figures, most houses went under contract quickly and closed at asking price. Armour Hills is one of the most popular subdivisions in Brookside, and I feel demand will be strong in 2019.

Currently there are four homes listed, with a medium asking price of $364,450 and 58 days on market.

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

Armour Hills Home Sales Stats-Aug 2018

Posted on September 24, 2018 by Mary Hutchison

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.)

Armour Hills Home Sales Stats-Jan 2018

Posted on February 26, 2018 by Mary Hutchison

As I write this blog, I am looking ahead wondering if Armour Hills will again be one of the most desirable neighborhoods for buyers in 2018. Last year the average days on market for a new listing in Armour Hills was just 7, and median home prices increased 14.9% over 2016. Those numbers say a lot about how strong this neighborhood is.

Let’s take a look at the stats for last month:

January 2018 January 2017

Median list price: $289,975 Median list price: $329,475

Median sales price: $284,500 Median sales price: $327,500

Days on market: 5 Days on market: 18

No. of homes sold: 4 No. of homes sold: 4

Although the median home sales price was much lower than 2017, that reflects the fact lower prices homes sold last month. Still, three of the four homes that sold were at or above list price. The highest sales price was $340,000 and the lowest was $185,000. I believe Armour Hills will again be a strong destination for home buyers this year.

Currently there are five active listings in Armour Hills, with a median price of $345,000 and 71 days on market.

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

Brookside/Armour Hills Home for Sale

Posted on July 10, 2017 by Mary Hutchison

This home is why Brookside is such a popular location for homebuyers…

jeff front

Look at that gorgeous curb appeal! The exterior is brick and stucco, with a stamped concrete walkway and two car garage with private drive. Built in the 1930s, this home retains so much of it’s original architectural detail and charm.

jeff dining room

Check out that coved ceiling with the detailed crown molding and wood wainscoting; original plaster medallion over pendant light and the arched entry.

jeff living room

Both living room and dining room have hardwood floors. The mantel and fireplace detail is original and the newer sliding door leads to the backyard and deck. Off this room is an enclosed sunroom with heating and cooling.

jeff kit

I wanted to include a shot of this cozy breakfast room adjacent to the kitchen. You can see the cherry cabinets, granite counters, plantation shutters–plus a half bath and office behind the kitchen area.

jeff yard

Other features of this home include three bedrooms, two and a half baths and a finished basement, offered at $429,000. Location is perfect–just a short walk to Brookside shops, the Trolley Track Trail and bus service. Plus, very friendly neighbors ready to welcome you!

More information and photos on my website http://www.maryhutchison.org. Please pass this blog link along to anyone you may know looking for a Brookside home!

Armour Hills Feb 2017 Home Sales Stats

Posted on April 3, 2017 by Mary Hutchison

Not a lot of activity in Armour Hills in February regarding number of sold homes–however, that is normal as the first couple of months of the year are not popular times to list due to traditionally cold weather. Still, there was an increase in median sales price! Let’s look at the February 2017 home sales for Armour Hills, and a comparison to last year.

Feb 2017

Median list price: $314,500

Median sales price: $314,500

Number of homes sold: 5

Feb 2016

Median list price: $249,500

Median sales price: $247,000

Number of homes sold: 3

That’s quite a jump in the median price for one year–however, larger and more expensive homes closed this year as compared to last. Note that sellers are getting virtually their asking price.

Now let’s look at year to date:

Jan-Feb 2017

Median list price: $314,500

Median sales price: $314,500

Number of homes sold: 9

Days on market: 36

The lowest sales price so far this year $205,000 and the highest was $440,000.

Jan-Feb 2016

Median list price: $249,950

Median sales price: $252,500

Number of homes sold: 5

Days on market: 50

We are off to a good start this year–prices are up, and more homes are selling! Currently in Armour Hills there are five active listings with a median price of $312,000 and five days on market.

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

Armour Hills Home Sales Report-Jan 2017

Posted on February 28, 2017 by Mary Hutchison

Armour Hills was a hot location for homebuyers in 2016: many sellers got close to asking price; some homes had bidding wars! Median prices were up almost 3% over 2015. I think 2017 will be a strong sales year for our neighborhood as well. Let’s check the January 2017 sales for Armour Hills in the Brookside area of Kansas City:

January 2017

Number of homes sold: 4

Median list price: $329,475

Median sales price: $327,500

Average days on market: 18

January 2016

Number of homes sold: 2

Median list price: $264,475

Median sales price: $269,155

Average days on market: 39

More expensive homes closed last month, pushing the median price higher. Although only two homes sold in Jan 2016, one of them went for $12,555 over the asking price–so the median sales price is way higher than list price.

Currently there are just two homes for sale in Armour hills, with a median price of $315,000.

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

Armour Hills July 2016 Home Sales Stats

Posted on August 15, 2016 by Mary Hutchison

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)

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