Brookside/Armour Hills Home for Sale

This home is why Brookside is such a popular location for homebuyers…

jeff front

Look at that gorgeous curb appeal!  The exterior is brick and stucco, with a stamped concrete walkway and two car garage with private drive.  Built in the 1930s, this home retains so much of it’s original architectural detail and charm.

jeff dining room

Check out that coved ceiling with the detailed crown molding and wood wainscoting; original plaster medallion over pendant light and the arched entry. 

 

 

jeff living room

Both living room and dining room have hardwood floors.  The mantel and fireplace detail is original and the newer sliding door leads to the backyard and deck.  Off this room is an enclosed sunroom with heating and cooling.

 

jeff kit

I wanted to include a shot of this cozy breakfast room adjacent to the kitchen.  You can see the cherry cabinets, granite counters, plantation shutters–plus a half bath and office behind the kitchen area.

 

jeff yard

Other features of this home include three bedrooms, two and a half baths and a finished basement, offered at $429,000.  Location is perfect–just a short walk to Brookside shops, the Trolley Track Trail and bus service.  Plus, very friendly neighbors ready to welcome you!

More information and photos on my website http://www.maryhutchison.org. Please pass this blog link along to anyone you  may know looking for a Brookside home!

Brookside Home Prices Rise Over 12% This Year

Home prices in Brookside….up, up UP!  When will it stop?  It is still a sellers’ market, as it has been all year.  Take a look at these numbers, my friends, and the comparison to last year. You will understand why you keep hearing stories of bidding wars for homes in our neighborhood.

Here are the single family home sales stats for Brookside (zip code 64113) for July 2016, and comparisons to last year:

July  2016

Median list price:               $339,950

Median sales price:           $345,000

Average days on market:     28

Number of homes sold:        26

(Lowest sales price was $178,000; highest sales price was $3.246 million, the highest so far this year.)

Note that the sales price was higher than the asking price.  Out of the 26 homes that closed, 14 sold at or over list price. Also, note that the number of homes is way down compared to July 2015 (usually it runs around 50 or so) — lack of inventory pushes prices up.

July  2015:

Median list price:                $325,000

Median sales price:            $319,750

Average days on  market:    36

Number of homes sold:        42

Now let’s check year to date figures:

2016, January to July    

Median list price:         $367,900

Median sales price:     $361,000

191 homes sold; average 39 days on market

2015, January to July

Median list price:         $325,000

Median sales price:     $320,000

216 homes sold; average 39 days on market      

Brookside home prices are up 6.31% compared to July 2015 and up 12.8% year to date.

Traditionally, demand slows in the second half of the year.  I’m not seeing that–when listings pop on the market priced between $200-$450K in Brookside, they are usually under contract in a day or two (if updated, well maintained and priced at market value).  It is the buyers that offer more than asking price if there is a bidding war.  Some of these homes are selling for $25,000 over the list price.  This is an interesting market for the appraisers!!

Currently there are 49 active single family listings in the Brookside zip code of 64113; most of those (30) are priced over $500,000.  The median price is $650,000. If you are looking in the $1 million+ price range–there are eleven to choose from!

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

Brookside Home Prices Up Over 10% in 2015

Here we go, Brookside neighbors….a recap of 2015 home sales for our area.  The good news? Prices are up.  The bad news? Not much desireable  inventory in the critical $225-325K price range.   I am reporting closed single family home sales for the Brookside zip code of 64113:  

In 2015:

* 342 homes sold.

* The median list price was $337,750; the median sales price was $309,475.

* Average days on market:  39.  

*Seven homes sold for over $1 million. Highest sales price was a $1.8 million home on West Meyer Blvd.    

*53 homes sold for over $500K.

In 2014:

*289 homes sold.

*The median list price was $307,000; median sales price was $295,000.

*Average days on market:  41

*Two homes sold over $1 million.

*42 homes sold for over $500K.

These number show us that prices are going up, and more homes are selling.  The days on market are virtually the same (days on market is how long a home sits before going under contract).  Upper bracket buyers (for homes $500K and up) were more active in 2015 than the previous year. 

Now let’s look at a few more figures to show trending home prices.  Below are the median sales prices for each year and how many units sold:

2013:  $295,000 median sales price; 307 homes sold.

2012:  $277,000 median sales price; 296 homes sold.

2011:  $249,000 median sales price; 210 homes sold.

In 2015, prices increased in Brookside 11% over the previous year.

Since 2011, we’ve seen a 32% increase in prices in our neighborhood!!!  

We continue to have a thriving, desirable location for buyers of all price ranges  here in Brookside. For those sellers who maintain their properties, keep them updated and move in ready–expect to have a quick sale, especially in the $225-$300K price range. Lower priced homes that need a lot of updating and repair also go under contract quickly–they are ‘flipped’ by investors.

Need more detailed information about home sales in your area?  Contact me at mary.hutchison@kansascityhomes.com.

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

Brookside Home Prices Rise in 2014

 

 

Good news for Brookside homeowners!  Once again our home values increased in 2014!  I just checked the stats for single family homes sales last year (in zip code 64113)  and properties continue to sell at an overall higher price than 2013.  Below I am outlining the details, with a comparison of the last several years for reference.

Year        Median Sales Price        Avg Days on Market        # of Homes Sold

2014            $306,000                                    41                          290

2013            $295,000                                   45                           306

2012            $275,000                                   61                           294

2011            $249,000                                   87                           204

2010            $264,000                                   87                            209

For the year, prices are up 3.72% from 2013, and 11.27% since 2012.  The average time a house sits for sale before going under contract shrunk by a few days; the number of homes sold down by a few units.  

Brookside continues to be a popular location for all types of homeowners.  In 2014 we saw several teardowns on our area plus the rehabbers continuously snap up houses to update and flip.  The east side of 63rd St is bustling with  new businesses and office space.  Current homeowners add on to existing homes, update interiors and there are more school choices for young children.  All of these improvements add to the desirability of Brookside as a place to live which translates into higher home values.   (Also – 2015 is a property tax reassessment year for Jackson County, so you may see an increase in your property taxes.)  

I will briefly mention December 2014 stats as well:  nine homes sold, with a median sales price of $236,000.  In December 2013, seven homes sold at a median price of $224,900.

Currently there are  single family homes for sale in the Brookside zip code of 64113 with a median list  price of $425,000 and 130 days on market.   (All figures taken from Heartland MLS and deemed reliable but not guaranteed).

Four Bdrm Brookside Home for Sale – $219K

Armour Hills Gardens home for sale!

Armour Hills Gardens home for sale!

If you are looking for a four bedroom home in the Brookside area…you know they can be hard to find (unless you have a pretty high price range!).  My new listing in Armour Hills Gardens offers a lot of space for the price, along with four true bedrooms!

julie livBuilt in 1946, the home is located in Armour Hills Gardens, between Oak and Holmes on E 66st St.  There are two bedrooms on the first floor, plus a full bath and this cozy living room with built-ins on either side of the fireplace.

julie kitThe kitchen was completely remodeled a few years ago–check out the long granite countertop, new cabinets, plus stainless steel appliances and several windows that overlook the fenced backyard.  The kitchen also leads into the dining room.

julie screenHere is one of my favorite features about the house:  the screened-in porch!  The doors are directly off the dining room–making it a perfect spot for entertaining guests or relaxing after a long day.

julie famOn the second floor…another two bedrooms and full bath, plus a rare family room!  This area is large–approximately 22×15– it’s a great spot for a media/game room.

A few other features:  one car attached garage and full walk out basement.  This home is near St Peter’s Church/School, bus route, and Brookside shops and amenities.  Asking price is $219,000.  If you know someone who wants to live in Brookside–please link them up to this blog or have them contact me!

Brookside Home Sales Report – July 2014

Now that we are into the second half of the year, home sales will slow down..as is the usual pattern.  Most sellers put their home on the market in the spring, and move in the summer.  If you are looking for a home now, you may notice a lack of move in ready, well priced homes in the area (unless you are looking at homes priced over $500K).  We’ve had a shortage of inventory all year–not enough move-in ready properties.    Let’s look at the specific numbers..these are single family home sales from July 2014 in the Brookside zip code of 64113:

In July 2014, 32 homes sold.  Median sales price was $320,000 and 76 days on  market.  The lowest sales price was $166,000 and the highest was $707,500.  

In July 2013,  36 homes sold.  The  median sales price was $335,000 and 65 days on market.   The lowest sales price was $165,000 and the highest was $1.475 million.

The drop in median sales price can be attributed to the fact that this year, twelve homes sold at $350K or higher.  In July 2013, eighteen homes sold over $350,000.  When the more of the higher dollar homes sell, average prices are pushed up.

Checking year to date figures:

From Jan-July  2014, 163 homes sold at a median sales price of $300,000 and 74 days on market.

From Jan-July  2013, 187  homes sold at a median sales price of $295,000 and 88 days on market.  

Note the lack of inventory means fewer homes have sold.  The median prices is virtually the same.  Overall, I think we will end the year with an increase in average sales price for Brookside homes. Fewer homes sold indicates the lack of inventory for picky buyers–they will wait until they see what they want.   The fewer days on market reflects the desire for updated, well maintained and median priced homes–they always sell quickly. I still believe that overall, prices are up for Brookside compared to last year.

Currently there are 93 single family homes for sale in the Brookside zip code of 64113 with a median list  price of $377,000.  Most of the homes for sale – 57 out of 93- are priced over $350K, with 9 priced over $1million.  The strong demand for Brookside homes are those updated properties priced from $200-$350 to $400K.  

(All figures taken from Heartland MLS and deemed reliable but not guaranteed).

Home Near UMKC For Sale – $150,000

front oneDo you know someone who wants to live near UMKC?  Or perhaps a parent who wants to invest in a home for student rental?  My new listing could be a good match!  This large home, located at 5831 Rockhill Road, is just south of the UMKC main campus, and is also close to Rockhurst University.  Priced right at $150,000–it’s a good investment.

This is a four bedroom, bungalow floorplan home.  There is a large living room and  dining room on the first floor, plus a kitchen and cozy breakfast room.  Two bedrooms and a full bath are on the main level.  The second floor has two more bedrooms and a half bath–which I think you could convert into a full bath by adding a shower.  Most all of the windows have been replaced, a new sewer line and furnace were recently installed, and all appliances stay including the refridgerator, washer and dryer. It also has many original architectural details: curved entry walls, built ins, crown molding, original subway tile in bathroom.   Outside you’ll find a charming front porch, fenced yard in back with a patio and a private drive with enough space for 2+ vehicles.liv frplc

The location is great–close to UMKC, Rockhurst, Brookside, and the Country Club Plaza–plus the Metro Bus runs along Rockhill. Click over to my website for more photos or contact me for additional information. 5831 Rockhill Road, just north of 59th St on the east side of Rockhill.