Armour Hills Home Sales Report-Aug 2020

Hello neighbors! The home stats for Brookside’s largest subdivision were down quite a bit from August of last year–but no worries, the year-to-date figures are pretty stable. Let’s examine the numbers:

August 2020August 2019
Median list price: $317,500$377,500
Median sales price: $320,000$374,250
No. of homes sold: 12 6
Days on market: 3 5

You can see the median sales price was over 14% lower than the previous August. However, more homes closed in August of 2020, including one property that was listed at $375,000 and sold for $435,000–that’s $60K over asking price! Here are the YTD stats:

Jan-Aug 2020Jan-Aug 2019
Median list price: $342,475$342,450
Median sales price: $338,750$342,500
No. of homes sold: 56 62
Days on market: 6 18

Sold prices are just about 1% off; the number of homes sold is about the same; however, homes are selling faster. The lowest sales price in Armour Hills so far this year is $238,000 and the highest is $515,000. Currently there are six active listings in Armour Hills, with a median list price of $299,950 and 8 days on market. This is a good opportunity to live in Armour Hills for under $300K if you are willing to do a little fix up work!

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

Armour Hills Home Sales Report-June 2020

I am a bit late posting the June stats for Armour Hills homes sales…it’s already August! Still, time is moving slowly these days…but home sales are still very strong in Brookside. Here’s the report:

June 2020June 2019
Median list price: $334,900$329,000
Median sales price: $347,750$329,000
No. of homes sold: 89
Days on market: 2224

Five homes closed at or over asking price in June 2020. One home sold —for $35,000 over the list price!!! Another sold for $22,600 over ask price. It’s an out of control bidding war at times in Brookside and Waldo these days. Now let’s look at year-to-date numbers:

Jan-June 2020Jan-June 2019
Median list price: $349,900$343,700
Median sales price: $342,500$343,325
No. of homes sold: 3744
Days on market: 1024

Median sales price is running just a smidge behind where we were last year at this

time. The number of homes sold is lower; homes going under contract quicker. There is still a lot of demand, despite the COVID-19 pandemic. Will home sales fall as we get into the colder months of the year as they usually do? I think so; it will be interesting to see if prices are lower as well. So much depends on the condition of the home, no matter what time of year.

Currently there are seven active listings in Armour Hills, with a median list price of $359,900 and 13 days on market. Contact me if I can help you with any real estate needs!

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

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Armour Hills Home Sales Report-May 2020

Interesting report here neighbors, for Armour Hills homes sales last month.  Prices are down, but buyers are still offering list price-or above! Here are the details:

May 2020                                                             May 2019

Median list price:      $352,500                         Median list price:       $365,000

Median sales price:   $352,500                         Median sales price:    $359,000

No. of homes sold:       19                                 No. of homes sold:        12

Days on market:          4                                     Days on market:             8

With the list and sales price being the same–you know most sellers are getting asking price. Three homes that sold in Armour Hills last month closed at $20,000 over list price-wow!  Here are the year-to-date numbers:

Jan-May 2020                                                          Jan-May 2019

Median list price:      $349,900                             Median list price:       $357,500

Median sales price:    $342,500                          Median sales price:    $355,500

No. of homes sold:      29                                     No. of homes sold:      34

Days on market:         10                                       Days on market:         24

Values are down almost 4% compared to last year; fewer homes sold, in a shorter amount of time. Our highest closed price in 2020 is $486,000 and lowest is $260,000.  Currently there are just two homes listed in Armour Hills, with a median price of $317,475 and 80 days on market.

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

 

 

 

Armour Hills Home Sales Report-April 2020

It’s the last week of May 2020; have you noticed how much more daylight we have in the evening?  Many more people out walking and I often hear the bagpipe player here in Armour Hills.  We have a long summer ahead dealing with the coronavirus..but we persevere! Here are the home sales stats for Armour Hills, the largest subdivision in the Brookside area:

April 2020                                                                   April 2019

Median list price:    $340,000                                     $358,700

Median sales price:   $336,500                                  $366,250

No. of homes sold:      6                                                10

Days on market:        20                                                 2

Home prices were down 8% compared to the year prior.  Now let’s look at year-to-date numbers:

Jan-April 2020                                                           Jan-April 2019

Median list price:     $339,950                                    $347,500

Median sales price:    $337,500                                 $350,000

No. of homes sold:        13                                               23

Days on market:            32                                               31

Armour Hills home prices are down about 3.7% year to date; Brookside as a whole is off 5% YTD.  Notice fewer homes are selling.  This decrease cannot all be blamed on the pandemic.  Inventory is still low; currently there are 4 active listings in Armour Hills, with an average list price of $352,475 and 40 days on market.

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

 

Armour Hills Home Sales Report-Feb 2020

My apologies for posting this blog a little late…the entire country is not in the usual routine!  I’m going to keep posting home sales stats as usual, as I am curious how the pandemic will affect home buying and selling.   We’ll see the effect within the next 60 – 90 days.  In the meantime, here are the February home sales stats for the Armour Hills subdivision in the Brookside neighborhood of Kansas City:

February 2020                                                    February 2019

Median list price:      $339,900                            $362,499

Median sales price:   $332,000                            $341,438

No. of homes sold:       3                                           4

Days on market:           49                                        87

Although median sales price lower this February compared to last year, home values are up YTD:

Jan-Feb 2020                                                         Jan-Feb 2019

Median list price:       $339,225                            $324,975

Median sales price:    $338,000                            $321,000

No. of homes sold:          4                                           6

Days on market:             46                                          84

Although fewer homes sold than over the same time period last year, prices are up 5.2%–that’s a bit higher than Brookside as a whole, which is up just over 4% YTD.  Currently there are four active listings in Armour Hills, with a median list price of $372,475 and 19 days on market.

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

 

 

Armour Hills Home Sales Report-Nov 2019

Ho ho ho, Santa brings Armour Hills higher home values this year!  Here are the numbers for November, with comparisons to last year:

November 2019                                              November 2018

Median list price:    $325,000                       Median list price:      $304,475

Median sales price:   $323,000                     Median sales price:    $309,100

No. of homes sold:   3                                  No. of homes sold:      4

Days on market:       31                                 Days on market:         7

About the same number of homes sold, but the homes sat on the market a bit longer. Now let’s look at year-to-date:

Jan-Nov 2019                                                   Jan-Nov 2018

Median list price:      $339,900                     Median list price:      $315,000

Median sales price:   $340,000                     Median sales price:    $315,750

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

Days on market:           15                              Days on market:           9

Home sales are steady, prices up YTD 7.6%!  I will be curious to see the end of year figures compared to 2018–will post those next month.  Currently there are four active listings in Armour Hills, with a median price of $386,975 and 37 days on market.  Happy holiday season to all!

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

 

 

 

Armour Hills Home Sales Report – Oct 2019

I’ve already report October home sales stats for Brookside and Waldo–both areas down a bit from Oct 2018. But not Armour Hills–my neighborhood going up up up this year!  It is a much smaller sample of homes than Waldo and Brookside (and of course, Armour Hills included in the Brookside numbers) but still an indication of how desirable this area is for home buyers.  Here are the stats:

October 2019                                                October 2018

Median list price:     $349,950                   Median list price:     $317,000

Median sales price:    $340,000                 Median sales price:   $310,750

No. of homes sold:        7                             No. of homes sold:     12

Days on market:          42                             Days on market:         3

The reason the days on market was so much longer this year is that one Armour Hills home that was on the market well over six months finally closed.  Checking year-to-date numbers:

Jan-Oct 2019                                                      Jan-Oct 2018

Median list price:     $346,250                        Median list price:     $315,000

Median sales price:   $342,500                       Median sales price:    $315,750

No. of homes sold:     76                                   No. of homes sold:      74

Days on market:         14                                   Days on market:         9

Compared to last year, Armour Hills home values are up just over 8% so far this year.  The lowest closed sale so far is $241,000 and the highest is $500,000.  Currently there are six active listings, ranging from $339,900 to $529,000 and 11 days on market.  

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

 

 

Armour Hills Home Sales Report-Sept 2019

Armour Hills continues to be one of the strongest Brookside subdivisions in terms of desirability for buyers and homo appreciation.  It will be interesting to see how Armour Hills finishes out the year–with single digit or double digit percent increase over last year.  Here are the stats for last month:

Sept. 2019                                                    Sept 2018

Median list price:      $342,500                 Median list price:      $307,497

Median sales price:   $342,500                 Median sales price:   $300,000

No. of homes sold:      8                             No. of homes sold:       6

Days on market:         3                              Days on market:         22

Not only were prices up compared to last year, four of the homes sold were at or over asking price–and went under contract in just a few days.  Below are the YTD figures:

Jan-Sept 2019                                                 Jan-Sept 2018

Median list price:     $345,000                    Median list price:     $315,000

Median sales price:   $345,000                  Median sales price:  $315,750

No. of homes sold:     69                              No. of homes sold:    62

Days on market:     11                                  Days on market:       10

The highest closed price so far this year in Armour Hills was last month at $506,000; the lowest for the year is $241,000.  Home values are up 9.2% over same period last year.  Currently there are three homes listed in Armour Hills, with a median price of $339,900 and 54 days on market.

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

Armour Hills Home Sales Report-June 2019

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-May 2019

I’m still amazed at how quickly Armour Hills home values have shot up since the recession–home ownership is a good investment!  Houses are still selling very quickly at close to asking price.  Here are the numbers:

May 2019                                                                   May 2018

Median list price:     $365,000                                Median list price:     $325,000

Median sales price:   $359,000                               Median sales price:   $320,000

No. of homes sold:      12                                          No. of homes sold:    7

Days on market:           8                                           Days on market:       5

Most new listings went under contract within a week of hitting the market. The highest closed price last month was $460,000.  Below are year-to-date figures:

Jan-May 2019                                                          Jan-May 2018

Median list price:       $350,000                            Median list price:       $312,000

Median sales price:    $355,000                            Median sales price:    $310,000

No. of homes sold:      35                                        No. of homes sold:  29

Days on market:           26                                       Days on market:      5

At almost the halfway point in the year, Armour Hills home prices are up 14.5% over same period last year.  Are you surprised that your property tax assessment is climbing so quickly?? Currently there are 7 active listings, with a median price of $296,500 and 30 days on market.

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