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.)
First, a little background on the house: Richard Wornall purchased the 500 acres of farmland in 1843, stretching from State Line to Main St and 59th to 67th Streets, taking out a loan of $2500. (These days that amount isn’t even a down payment on a Brookside home!) He and his family first lived in a cabin on the homestead until the house was built. They farmed the land, selling grain and animals in Westport. Eventually, Richard and Judith’s sons, John and Thomas, inherited the property. Soldiers took over the house during the Civil War and used it as a field hospital as the Battle of Westport was taking place nearby (in present day Loose Park). Pieces of land were sold off through the years, and finally, John Wornall’s third wife, Roma, sold the remaining 150 acres to JC Nichols. In 1963, the property was purchased by the Jackson County Historical Society and is now a free standing, non profit entity in conjunction with the Alexander Majors House at 8201 State Line Road.




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