Armour Hills (Brookside) November 2014 Home Sales Stats

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)

Brookside Home Sales – November 2014

For the November Brookside homes sales report…fewer than half the number of homes sold last month as compared to October 2013.  However, not an unusual stat for this time of year!  Let’s examine Brookside single family home sales for the month of November 2014 with a comparison to last year, as well as year-to-date figures.  I am using sales from the main Brookside zip code of 64113:

In November 2014, 9 homes sold (compared to 25 in October).  Median list price was $299,950, and median sales price was $287,000 with an average of 34 days on  market.  The lowest priced home sold  was $117,000 and the highest was $635,000.  

In November 2013, 14 homes sold.  The  median list price was $235,000 and the median sales price was $228,000 with 35 days on market.  

Fewer homes sold, but median price was way up.  This tells us  more expensive homes closed–which coincides with the lack of inventory for the buyers in the $200-$250 price range.   

Looking at year to date figures:

From Jan – November 2014, 263 homes have sold at a median sales price of $306,000 and 39 days on market.

From Jan – November 2013, 270 homes sold at a median sales price of $300,000 and 42 days on market.  

This year is trending to be similar to 2013 home sales, with about the same number of homes sold but a higher sales price.  Good news for homeowners–and, yes, buyers as well.  They know they are investing in a neighborhood that has an upward trend of home equity growth!  

Currently there are 68 single family homes for sale in the Brookside zip code of 64113 with a median list  price of $379,950 and 105 days on market.  The lowest priced home is at $170,000 and the highest price is the house at 5650 Ward Parkway, built for Tom Pendergast, at $4.45 million.    (All figures taken from Heartland MLS and deemed reliable but not guaranteed).

New Waldo Restaurant Serves Breakfast Too!

The title of this new Waldo restaurant says it all up front: Game Day Chicken Wings, Burgers & Fish. Located at 8950 Wornall Road, this spot used to be The Cook Shack. Kelvin Powell and his wife Rischa Rayon opened the place in September 2014 and serve tasty home-style cookin’ all day long…so let’s find out more about this local Waldo business!

Game Day Chicken Wings, Burgers & Fish in Waldo

Game Day Chicken Wings, Burgers & Fish in Waldo

I stopped by earlier this week and visited with Rischa about what’s on the menu. She emphasized that fresh, not frozen, meat and fish are served: handmade burger patties, fresh chicken wings fried in their own special batter, and real fresh potatoes are used for the hash browns and country potatoes. Fish selections include catfish, basa and tilapia. The Game Day menu also offers several food combos so you can choose what suits you: for example, wings and your choice of sides (mac & cheese, green beans, corn, sweet potatoes and fries/tots/onion rings).

One aspect of Game Day Chicken Wings, Burgers & Fish that sets it apart is the breakfast menu. I was trying to think of another Brookside/Waldo area restaurant that serves a full breakfast –and only came up with The Classic Cup. At Game Day, breakfast is a busy time and they serve it all: freshly made biscuits, cinnamon rolls, oatmeal, eggs, grits, gravy, pancakes, waffles and side meats. The prices are reasonable and the portions are large–one cinnamon roll can feed at least two persons!

Rischa Rayon

Rischa Rayon

Rischa explained this restaurant is a family affair–for now, employees are relatives as they get the business established. They appreciate all of their customers, and set prices so area residents can afford to stop in often. It’s a place that has that special small neighborhood feel, where the staff will take the time to get to know you after a couple of visits. Enjoy this comfort food as you chat with Rischa at the counter, keep an eye on the TV or people watch out the large windows. In the spring, they plan to get a liquor license and have a small patio for outdoor dining during warmer weather.

During December and the cold winter months, the hours can vary a bit. In general, the restaurant is open Tuesday-Thursday 8am-7pm, Friday/Saturday 8am-9pm and Sundays 8am-4pm. Visit their Facebook page or website for more information…also, the Game Day staff will cater and reserve the restaurant for private events. Stop by and try this new Waldo dining spot!

Waldo Home Sales – October 2014

 

It’s time again to report October 2014 home sales stats for Waldo.  People often ask me what the boundaries of Waldo are, and I don’t have a firm answer for them!  For purposes of this market update, the area I focus on is single family home sales between State Line east to Holmes, and Gregory south to 85th St.

In October 2014, 42 homes sold with a median sales price of $140,000 and 49 days on market.  The lowest home sale price was $37,500 and the highest was $247,500.

In October 2013, 19 homes sold with a median sales price of $133,500 and 55 days on market.  The lowest home sale was $42,000 and the highest was $243,000.

You can see a big difference in the number of homes sold–twice as many this year compared to last.  The average sales price was higher as well, and a few less days on market.  Here are the year-to-date figures:

From January – October  2014, 288 homes have sold with a median price of $145,500 and 46 days on market.  

From January – October 2013, 290 homes sold with a median price of $142,000 and 49 days on market.

Overall, Waldo is on pace with last year’s sales figures, with an increase in the average price.  Good news for the neighborhood!

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

Armour Hills Home Sales Stats–October 2014

Home sales are slowing down in Armour Hills, and average sales prices are falling as well.  This is reflective of the time of year–traditionally, fewer homes are sold in the latter part of the year.  Let’s look at the statistics–below I am checking figures for the Armour Hills subdivision in Brookside, Kansas City MO:

In October 2014, six homes sold with a median sales price of $214,000 and 26 days on market. The median list price was $229,000 with 26 average days on market.  The lowest sales price was $158,000 and the highest was $306,000.

In October 2013, nine homes sold with a median sales price of $258,950 and 32 days on market.  The median list price was $259,950.  

Although there wasn’t a significant change in the average days on market, the median sales price dropped 20%.  Three homes sold in 2013 above $300K; in 2014, just one sold over that figure.  

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

For the first ten months of 2014, 55 homes sold with a median price of $239,950 and 28 days on market.

For the first ten months of 2013, 71 homes sold with a median price of $255,000 and 24 days on the market.

Last year was a very strong year for Armour Hills home sales, and it looks like this year may see a dip in home values.  There are still a significant number of buyers for our area–what is lacking right now is well priced, updated inventory.  We have had several homes sell for over $350K in the past two years–higher than usual for the neighborhood.  It wil be interesting to see how 2014 finishes overall compared to 2013 home sales.

Currently there are 16 homes for sale in Armour Hills, with a median list price of $269,900 and 47 days on market.

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

Waldo Holly Jolly Shopping Crawl- Sat Nov 29, 2014

WaldoHollyJollyPoster Ready to get a jump on your holiday shopping?  Waldo is ready for you! This Saturday November 29 is the Waldo Holly Jolly Shopping Crawl from 10am-2pm.  Over 30 different participating merchants are offering discounts, freebies and holiday deals. 

Here’s a short sample of the specials:  $3 pints at 75th Street Brewery; 20% off at Garza’s Goodies; free appetizer at The Well; discount off salon products at Chop Tops Hair Company; free chair massage at The Healing Place….besides shopping for others, there are deals you can take advantage of for yourself as you cruise through the stores!

In addition, you can earn Waldo Bucks:  Get a punch card at any participating store or restaurant, have the card stamped at three business for $10 in Waldo Bucks or five businesses for $10 Waldo bucks.  A nice payback for supporting local Waldo merchants!

Details on all the specials are available at www.waldomo.com/holiday.  Saturday is also Small Business Saturday nationwide…please support a small, locally owned business near you this weekend. Small businesses generally offer you the most eclectic selection of merchandise and the best customer service!

Brookside Home Sales Report-Oct 2014

Home sales in Brookside continue to slow down, as is usual this time of year.  As we get into colder weather and the holiday season, buyers have other things on their minds. It’s very difficult to look at homes when darkness falls at 5pm!  Here are the home sales stats for the Brookside zip of 64113 from October 2014:  

In October 2014, 25 homes sold.  Median list sales price was $340,000, and median sales price was $320,000 with an average of 41 days on  market.  The lowest priced home sold  was $158,000 in Armour Hills and the highest was $615,000 in Romanelli Gardens.  

In October 2013, 23 homes sold.  The  median list and sales price were the same:  $279,000 and 35 days on market.

Virtually the same number of homes sold compared to a year ago, but the sales price was higher.   

Looking at year to date figures:

From Jan – October 2014, 244  homes have sold at a median sales price of $307,000 and 37 days on market.

From Jan – October 2013, 271 homes sold at a median sales price of $298,000 and 46 days on market.  

So far this year, the trend has been fewer homes sold and prices are up.  There is still a lack of updated, well maintained homes in the $200-$225K price range in Brookside.  It is encouraging that home values continue to rise, so we continue to make up equity lost during the housing crash during the recession.

Currently there are 81 single family homes for sale in the Brookside zip code of 64113 with a median list  price of $384,950 and 80 days on market.  Of the 81 homes for sale, 24 are priced over $500K and 9 are priced over $1 million.   (All figures taken from Heartland MLS and deemed reliable but not guaranteed).