Tag Archives: Armour Hills realtor

Armour Hills Home Sales Report-Oct 2020

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Here we are at the very end of November 2020–this year is almost over! And despite the pandemic, Armour Hills homes continue to sell quickly and, quite often, for over the list price. Take a look at last month’s stats, and how they compare to October 2019:

October 2020October 2019
Median list price: $407,000 $349,950
Median sales price: $426,250$340,000
No. of homes sold: 6 7
Days on market: 2 42

Yes, that’s a very big increase in median price–25%!–but it’s an aberration. The year-to-date numbers give you a better picture of how much Armour Hills home values are increasing. There’s no doubt though that homes are going under contract faster this year, and sellers are getting top dollar for their properties:

Jan-Oct 2020Jan-Oct 2019
Median list price: $349,000$345,000
Median sales price: $345,000 $340,000
No. of homes sold: 79 77
Days on market: 5 15

The YTD numbers show an increase of just under 1.5% for the year. The lowest priced sale so far in 2020 was $238,000 and the highest was $535,000.

As of this writing, there are no active listings in Armour Hills! That is rare, but also shows you how quickly listings sell! There are 17 homes under contract, waiting to close.

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

Armour Hills Home Sales Report-Aug 2020

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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

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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-April 2020

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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-Jan 2020

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As we are so early into the year, not many stats to report regarding home sales…the home buying season is just getting started!  So, here is the short report for the Armour Hills subdivision of Brookside:

January 2020                                                               January 2019

Median list price:      $433,000                                     $289,975

Median sales price:   $433,000                                    $275,500

No. of homes sold:            1                                                 2

Days on market:              44                                                55

Just one home closed last month, on the upper end of the price point for Armour Hills.  As is typical, it takes longer for homes to sell during the winter months.

Currently there are four active listings in Armour Hills, with a median price of $369,975 and seven days on the market.

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

Armour Hills Home Sales Recap-Dec 2019

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I’ve said a few times last year that Armour Hills has some of the fastest growing home values in Brookside–and these year end stats support that statement. Why?  Several reasons I think:  a wider variety of home prices; close to Brookside/Waldo amenities; lots of curb appeal and interior charm; a strong homes association; Arbor Villa park sits in the middle of the subdivision.  Let’s look at the numbers:

December 2019                                        December 2019

Median list price:    $402,000                Median list price:     $276,950

Median sales price:  $397,000               Median sales price:   $272,500

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

Days on market:      24                            Days on market:          65

Technically prices rose 31% over December 2018, however this is a bit of a fluke–only two homes sold each year, and obviously last month it was the larger, more expensive homes.  The YTD comparisons tell the real story:

Year             Med. List Price           Med. Sales Price          No. Sold          DOM

2019              $339,900                         $340,000                         82                   21

2018              $315,000                         $315,000                        80                     9

2017             $314,500                         $312,500                          9                      7

2016             $275,000                          $274,500                         91                  21

2015             $269,700                           $266,750                        80                  28

The number of homes sold each year is very consistent, and sellers are getting very, very close to asking price.  Since 2015, values up 27.4% in five years; Brookside (using zip code 64113) values are up 13.8% during the same time period. Armour Hills…hot neighborhood for buyers!

Currently there are four active listings, with a median list price of $367,475 and 42 days on market.  

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

 

Armour Hills Home Sales Report-Aug 2019

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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.)

 

Brief Summary–Armour Hills Annual Homeowners Assn Mtg

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Last night was the Armour Hills Annual Homeowners Assn meeting.  Happy to say, we had our best attendance–over 60 people!  I think this was due to some extra promotion and a little different format as well.

In the past year, Armour Hills  HOA has accomplished quite a bit:  new wind screens on the tennis courts, new picnic tables in the park, the pool was sandblasted and painted, there’s a new island and sign  just off Brookside Rd at 70th (landscaping coming in the spring next year), and we signed a contract for snow removal for the winter of 2010/2011.  Still, at last night’s meeting we wanted to hear more of what the homeowners would like to see the association do–what are the priorities?  So Gunner Hand broke up the attendees into small groups and we all spoke out about some possible improvements and concerns for the neighborhood. 

All four breakout groups would like to see better contact and cooperation with the City of Kansas City MO when reaching out for information, complaints, problems.  A number of residents would like to see a better public school option and expressed concerns about the ongoing upheaval at Southwest High.  Better codes enforcement was mentioned, along with a printed Armour Hills directory, appointment of block captains, park improvements and neighborhood clean-up/sustainability workshops.  The board will take all of these suggestions, narrow them down to the top 4 or 5 we feel we can tackle, and report back to the residents through the Clarion.

Our city council representative Jan Marcusson was in attendance–she actually joined one of the break out sessions and listened to comments from the group.  Mayoral candidates Deb Hermann, Jim Rowland and Mike Burke also came by.  Deb and Mike left early–Jim stayed almost to the end of the meeting.

We elected two new board members, Dan Newman and Mistie Costaker.  David Pucci was re-elected to the board and serves as treasurer.  Finally, it was almost unanimous vote that a small annual increase in dues was passed.

Armour Hills is the Brookside subdivision with the largest number of homes. Overall, we have a great neighborhood and a very active HOA with so many caring residents who love living here.  Thanks to everyone who came to the meeting in support of our HOA!

Thanks for reading my blog–your comments are appreciated!  Reach me at maryhutchison@prukc.com.

Armour Hills Home Sales Stats

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Hey neighbors–here are home sales stats for August/September 2010 in Armour Hills:

9 homes sold, average price $203,983.

38 active homes for sale as of today, ranging in price from $145,000-$469,950.

In comparison, 10 homes sold in August/September 2009, average price of $236,643.

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

Lower average price reflects the constant amount of foreclosures in the area and sellers who keep lowering prices to move inventory.

There is still a lot of competition out there …if you are thinking of selling your home, my advice is to spend the next few months cleaning, painting, decluttering and making needed repairs…then put it on the market in February/March.

Thanks for reading my blog; you can reach me at mary.hutchison@prukc.com

Armour Hills Home Sales Statistics

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It’s been a while since I posted home sales stats for Armour Hills in Brookside…so here we go:

As of today, there are 36 homes for sale, ranging in price from $134,900 to $469,950. Averages days on market for these homes is 81; average listing price is $234,800. 

Since May, 18 homes have sold in Armour Hills; the average price was $224,800.  Looking at these stats, final sales price for an Armour Hills listing is about $10K below asking..and this doesn’t include any seller paid closing costs or repairs.

As we get into the dog days of August and back to school hoopla, showings have slowed down.  There seem to be very few serious buyers out there right now.  There are buyers who  want to ‘look around and see what’s out there’, and there are the usual buyers who want to see everything available, expecting  to find the perfect house for a bargain price.

 Right now is such a great time to buy because of the low interest rates–with a good credit score and down payment, I’ve seen rates quoted at below 4.5%!

One day the housing market will start looking better…and the key to the jumpstart is JOBS.