Tag Archives: Armour Hills homes for sale

Armour Hills Home Stats-June 2016

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Armour Hills….one of the best subdivisions in Brookside!  Of course, I am a bit partial because I live in Armour Hills.  However, check out these home sales stats for June 2016–buyers are snapping up homes here in a hot market that favors sellers:  

June   2016:                                                          June  2015:

Median list price:      $279,000                       Median list price:        $285,000

Median sales price:  $281,000                        Median sales price:    $283,000

Number of homes sold:  11                             Number of homes sold: 11

Days on market:            3                                   Days on market:             5

Of the eleven homes that closed last month, seven sold at or above list price.

Checking year to date figures:

2016, Jan-June:                                                          2015, Jan-June:

Median list price:      $277,000                             Median list price:      $262,500                      

Median sales price:  $274,750                              Median sales price:  $263,500

Number of homes sold:  38                                   Number of homes sold: 46

Although fewer homes are selling…that is due to lack of inventory.  There is plenty of demand. You can see the median price is up yet again!   Currently there are five homes for sale in Armour Hills, with a median list price of $279,950 and  19 days on market.

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

Armour Hills Jan 2016 Home Sales Report

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Hello Armour Hills neighbors…not much to report regarding January 2016 home sales in our subdivision, so this blog will be short!  Here are last month’s home sales for Armour Hills in Brookside:

In January 2016, two homes sold in Armour Hills.  The median list price was $264,475 and the median sales price was $269,155.  Average days on market:  39.

You’ll notice the median sales price was higher than the list price. This is because one of the two homes sold for $12,550 over the list price.  There could have been a bidding war for the property.

In January 2015, four homes sold.  The median list price was $232,277 and the median sales price was $232,000.  Average days on market: 24.

(as a side note, the $400K house listed on W 70th Terr this month was under contract in less than 48 hours)

Currently there are 4 active listings in Armour Hills, with a median price of $237,475 and 89 days on market.

If you are thinking of selling…or buying a home in Armour Hills, contact me for more detailed information on neighborhood sales!

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

Armour Hills 2015 Home Sales Report

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As I was reporting monthly stats on  Armour Hills homes throughout last year, I knew the trend was rising prices.  We’ve had a big increase in our home values–that’s good news for both sellers and buyers!  Let’s take a look at the specific numbers:

In 2015:

*79 homes sold

*Median list price:  $269,500

*Median sales price: $265,000

*Average days on market: 34

The highest sales price in Armour Hills was $461,000; the lowest was $139,000.

In 2014:

*70 homes sold

*Median list price:  $239,950

*Median sales price: $236,500

*Averages days on market: 32

The highest sales price in Armour Hills that year was $474,000; the lowest was $125,000.

A few more homes sold in 2015 than 2014, and the median sales price jumped 12%!  

It’s good news for both buyers and sellers because…buyers want to purchase in an area where home values are going up (not down); and sellers want to continue to gain equity in their homes. I expect 2016 to be a strong year for Armour Hills homes sales as well.  If you are thinking of buying or selling this year…contact me for an even more detailed analysis of our neighborhood home sales  (mary.hutchison@kansascityhomes.com).

Armour Hills Home Sales Stats – Nov 2015

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Good morning neighbors!  Are you in the thick of holiday hoopla?  Just imagine moving during this hectic season!  We had a few homes close last month in Armour Hills, and prices continue to rise.  Here are the details for  single family home sales In Armour Hills in November 2015:

In November 2015, four  homes sold with a median list price of $274,950 and a sales price of $276,000 with 70 days on market.    Interestingly, three of the four homes sold were on East Winthrope.

In November 2014, six  homes sold with a median list price of $264,950 and a median sales price of $259,500 with 67 days on the market.

You will notice that the median sales price was higher than the list price–that is because one of the homes probably had closing costs added to the list price.  The other homes sold very close to list price.

Checking year-to-date figures:

From January through November 2015, 73 homes have sold with a median list and sales price of $265,000 with 34 days on market.

From January through November 2014, 61 homes sold with a median list and sales price of $239,950 and sales price of $239,950 with 31 days on market.

It is unusual to have the list and sales price be the same figure.  However, buyers are paying top dollar to move into Armour Hills..when the property is priced correctly.

So far this year median sales prices are up over 10% compared to 2014 for Armour Hills.  Next month I will have the usual December figures as well as a year to date comparison for the past few years.  Currently there are 5 homes for sale, with a median list price of $249,500 and 88 days on market.

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

It’s A Sellers’ Market for Armour Hills Homes in Brookside

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PrintNo bargaining regarding home prices last month in Armour Hills…the four properties that sold were at or over list price!  It’s a sellers’ market in my neighborhood–the well-priced, move in ready homes can have multiple offers or sell at asking price.  Here are the  the details for single family home sales In Armour Hills (Brookside) for August 2015:

In August 2015,four homes sold with a median list price $277,500 and a sales price of $280,000 with 11 days on market.   Two homes were sold over the list price, two homes sold at asking price.

In August 2014, two homes sold with a median list price of $244,925; a median sales price of $243,475 and four days on the market.  

Checking year-to-date figures:

From January through August 2015, 61 homes have sold with a median list and sales price of $265,000 and 29 days on market.

From January through August 2014, 43 homes sold with a median list and  sales price of $239,950 and 31 days on market.   

We’ve had fifteen homes sell in Armour Hills at or over $300K; last year at this time, ten had sold at or over $300K.  The lowest sales price this year was $142,500 and the highest is $461,000K.

Currently there are 12 homes for sales in Armour Hills; the median list price is $239,475 and 38 days on market.

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

Armour Hills Home Values Up Over 7% YTD-May 2015 Stats

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PrintGood morning neighbors!  I have positive news to report again about home values in our Armour Hills subdivision.  Prices are up–some sellers are getting over the asking list price!  As a Realtor, I do not advocate offering a price that is significantly over the posted price.  (it is happening very often this spring in the Prairie Village homes priced from $225-$300K).  Still, it’s all about what the house is worth to a particular buyer….and the appraiser of course!  Here are the home sales stats for Armour Hills in Brookside, Kansas City MO for the month of May, 2015:

In May 2015, eleven homes sold with a median list price of $256,900 median sales price of $262,000 and 36 days on market.  

In May 2014, nine homes sold with a median list price of $259,000; median sales price of $252,000 and 76 days on the market.  

The median sales price was higher than list price in May because: one home sold for $8500 over list price; another home sold $7000 over list price and a third sold $3000 over list price. When you take those three homes out of the equation, the median list price was $256,900; sales price $255,000–very close to asking price.

Checking year-to-date figures:

From January through May 2015, 35 homes have sold with a median sales price of $262,000 and 36 days on market.

From January through May 2014, 27 homes sold with a median sales price of $243,000 and 34 days on market.   

Generally, homes are going under contract within one month of listing.  Median prices are 7.5% over the same period in 2014.  Currently we have 8 homes for sale in Armour Hills, with a median list price of $269,000.  The lowest priced home is $174,900 and the highest is $300,000.

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

Armour Hills Home Sales Stats – March 2015

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PrintArmour Hills home sales are sizzling hot this spring!  Sales so far this year are almost double of 2014.  Let’s examine the numbers:

In March 2015, twelve homes sold with a median list price of $265,000; median sales price of $257,500 and 42 days on market.

In March 2014, three homes sold with a median list price of $325,000;  median sales price of $325,000 and two days on the market.

So far in 2015, eighteen homes have sold with a median sales price of $257,000.

In the first three months of 2014, ten homes sold with a median sales price of $239,950.

We’ve had a big jump in the number of homes sold compared to last year.  Overall, the median sales price is much higher as well.

Open house traffic is very strong in our neighborhood, and any new listing that pops on the market has several showings in the first couple of days.  Currently there are 10 active listings in Armour Hills, with a median price of $267,500 and 23 days on market. I expect the figures for April 2015 to be just as strong.

Armour Hills Home Sales Stats – Jan 2015

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How many new neighbors will we have in Armour Hills in 2015?  Seventy homes changed owners last year.   Let’s see how many properties closed last month in Armour Hills, and check the pricing.  Buyers are actively looking for homes to purchase and open house traffic is strong–yet  there is  a lack of good inventory.

In January 2015, four homes sold with a median sales price of $210,000 and 23 days on market. The median list price was $210,000. Three of the four homes sold were at list price, the fourth was just $500 under list.

In January 2014, four homes sold with a median sales price of $232,500 and 10 days on market.  The median list price was $235,000.

I am not concerned about the drop in median sales price from one year ago–notice the homes that sold were at full price.  January is traditionally a slow month for purchases. However, there is a strong demand for homes–proven by the fact that the units  sold last month were at asking price!

Right now we have  8 homes for sale in Armour Hills, with a median list price of $265,000 and 32 days on market.  The lowest list price is $210K and the highest is $319,950.

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

 

 

 

Armour Hills Home Prices Drop in 2014

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Overall, Brookside home values were up for the year 2014. However, in Armour Hills, we experienced a drop in home prices.  This is unusual, as we finished 2013 up about 15%  from 2012.   Let’s take a look at the numbers, starting with December:

In December 2014, 9  homes sold.  The median list price was $239,900 and the median sales price was $236,000.  Average days on market: 55.

In December 2013, 7  homes sold.  The median list price was $229,000 and the median sales price was $224,900.  Average days on market: 20.

Here are the Armour Hills home sales stats, comparing 2013 to 2014:

In 2013, 82 homes sold with a median sales price of $249,000 and 20 days on market.

In 2014, 70 homes sold with a median sales price of $236,000 and 31 days on market.

Those figures represent a  drop of just over 5% in sales price.  Why?  In 2013, 22 homes sold at a price of $300K or higher, and 12 sold under $200K.  In 2014, we had just 15 homes sell over that $300K figure and 17 sell at $200K or less.  Overall, for sale homes were priced less and sold for less than the previous year.  I’m not concerned about the difference–Armour Hills is still a desirable area for homeowners and when homes are well maintained and updated, buyers will pay more.  For our zip code of 64113, there was an increase in prices of 3.72% from 2013 to 2014.

Currently there are 11 homes for sale in Armour Hills, with a median price of $269,900 and 85 days on market. Hopefully we will experience a rise in 2015 in Armour Hills home values. 

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

Armour Hills (Brookside) November 2014 Home Sales Stats

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We are just about at the end of the year and I am very curious about how our Armour Hills home sales will finish out compared to 2013.  As for the November 2014 stats, there is a drop in median sales price compared to a year ago.  However–that’s the housing market: some months strong, other months are slow.  No need to worry–overall, our neighborhood is thriving.  So let’s look at the Armour Hills home sales (in Brookside, Kansas City MO)  for November 2014, with comparisons to one year ago:   

In November 2014, six homes sold with a median sales price of $235,000 and 40 days on market. The median list price was $239,900. The lowest sale was $190,000 and the highest was $370,000.

In November 2013, four homes sold with a median sales price of $253,950 and 27 days on market.  The median list price was $258,000.

The November drop in median sales price is  a repeat of October 2014 stats as well.  Although more homes closed this year compared to 2013, there was a $398,000 home sale last year that brings the median price up significantly.  Overall, the $235K price is more typical for Armour Hills.  

Now let’s compare year-to-date figures:

For the first eleven months of 2014, 61 homes sold with a median price of $239,950 and 31 days on market.

For the first eleven months of 2013, 75 homes sold with a median price of $255,000 and 20 days on the market.

The numbers are lower from a year ago but when I post 2014 stats next month, I will  compare final numbers and the last few years as well to see the trend.  There may be a drop in overall median price from 2013 to 2014.   We have 11 active listings in Armour Hills right now, with a median price of $269,900 and 66 days on market.  The longer days on market, compared to the average, tells us these homes may be overpriced,  or in need of some updating–that’s why they are still for sale.  Buyers are out there, and they want to live in Brookside–most of them want move-in ready, updated homes.  

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