Tag Archives: Armour Hills realtor

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.

Low Priced Duplex for Sale in Brookside

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OK so I’ve been lax feeding the blog beast … a New Year’s resolution to do better!  Today I will do a little self promotion–and talk about my new duplex listing near St Peter’s.

This duplex is a great investment, particularly for a first time buyer.  Live on one side, and have the renter on the other side pay half your mortgage!  Each side features a living room, dining room, two bedrooms upstairs and a full bath.  The kitchen is original, but usable.  There are hardwood floors under the carpet.  Most of the windows have been replaced, the HVAC is newer, the garage is attached in the basement–and it’s not a steep driveway down to the garage–it’s a level entry.  Best of all, the current seller wants to stay on as a renter.  The vacant unit needs some updating: paint, a good cleaning and a usable stove.  Dedicate  a few hours of labor to fix it up and you’ll have a nice home in a good location:  620-622 E 63rd Terrace.  Best of all–the price is very reasonable–just $139,900!  Need some money for the fix up? There are loans that will lend you the money for a re-do with the mortgage. Below are a couple of pictures of the exterior–contact  me at 816 510 1262 or mary.hutchison@prukc.com for a personal tour!