Rising Home Prices in Armour Hills (Brookside)-July 2015 Stats

PrintHomebuyers continue to see our Armour Hills subdivision as a desirable place to purchase a house.  Of course they do!  We have a lovely park in the middle of our neighborhood; residents can walk to Brookside/Waldo shops; public transportation is easily accessible and the Trolley Track Trail borders the west side of our area.  Here are the July 2015 home sales stats for Armour Hills in Brookside, Kansas City MO.  It’s all good news for buyers and sellers!

In July 2015, twelve homes sold with a median list price and sales price of $269,000 with 40 days on market.     

In July 2014, seven homes sold with a median list price of $269,250; a median sales price of $259,143 and 78 days on the market.  

Notice the median list price and sales price was the same for July 2015–that’s because we had seven homes–more than half–sell for list price or a little above list price! Buyers don’t have much negotiating power in their offers when inventory is so low and homes are updated and priced at market value.  The lowest sales price last month was $212,500 and the highest was $425,000..

Checking year-to-date figures:

From January through July 2015, 57 homes have sold with a median list and sales price of $265,000 and 32 days on market.

From January through July 2014, 41 homes sold with a median list and  sales price of $239,950 and 33 days on market.   

Home values are up 10% year to date, and more properties are selling. Welcome new neighbors!

Currently there are 10 homes for sales in Armour Hills; the lowest list price is $208,900 and the highest is $400,000 with 15 days on market. Median list price is $249,000.

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

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