Armour Hills Home Sales Report-August 2021

Last month, Armour Hills had it’s highest recorded home sales price of the year–and that final price was $53,000 over the list price! As I reported in last week’s blog, some Brookside homes have sold for $100,000 over asking price. That is too crazy! An over $700K price for an Armour Hills house just shows the reach some buyers have to get what they want. The high price tag affected the big jump in the median sales price compared to Aug 2020. Here are the numbers:

August 2021                                                                            August 2020

Median list price:             $384,900                                           $317,500

Median sales price:         $382,000                                           $320,000

Days on market:                 31                                                        3

No. homes sold:                  5                                                         12

Every property that sold last month closed over the list price except one. The highest sales price of the year so far was $703,000 on a home priced at $649,900.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                           Jan-Aug 2020

Median list price:              $367,450                                           $339,950

Median sales price:          $386,000                                           $337,500

Days on market:                 2                                                          5

No. homes sold:               50                                                        57

Compared to last year, home prices are up 14% in Armour Hills. Currently there are seven listings, ranging from $349,000 to $575,000. The median price is $399,000 and 26 days on market.

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

Brookside Home Sales Report-August 2021

Greetings, neighbors! In today’s report, some interesting news: it’s not just the moderately priced homes that have multiple offers and sell over asking price–as last month’s stats show, big spenders in Brookside are willing to spend way, way over the list price when they want a home. These are the sales figures for Brookside, using the main Brookside zip code of 64113, single family homes:

August 2021                                                                               August 2020

Median list price:     $507,450                                                   $417,500

Median sales price: $507,500                                                   $440,000

Days on market:              3                                                            3

No. homes sold:               30                                                        38

Home values were up 15% compared to August 2020. The median sales price is high because eighteen homes sold at or over the list price, including at least two homes that sold for over $100K beyond the list price! The lowest closed price last month was $247,000.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                             Jan-August 2020

Median list price:      $467.748                                                  $392,450

Median sales price:  $482,763                                                  $400,000

Days on market:              2                                                            8

No. homes sold:               226                                                     190

More homes have sold at this point in the year as compared to 2020, and overall, prices up 20%! Most homes go under contract within 48 hours of listing. I think as we get into the colder weather and even less inventory, prices may stabilize. Currently there are 26 homes listed in Brookside, with a median price of $535,000. Over half the homes are priced over $500K, including 5 that are over $1,000,000.

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

Waldo Home Sales Report-July 2021

Here we are into the ‘dog days’ of summer, trying to stay inside, escaping from the triple digit temperatures. Home sales usually dip in August–next month we’ll see if that holds true for this red hot home buying year. For now, here are the Waldo home sales stats for July 2021, using the boundaries of Gregory to 85th St; State Line to Holmes.

July 2021                                                             July 2020

Median list price:    $234,000                              $199,000

Median sales price:  $255,000                            $210,000

Days on market:                  2                                    3

No. sold:                                31                               47

Those figures represent a 21% increase in sales price compared to last year! Lowest closed price was $138,000 and the highest was $445,000.

Here are the year-to-date numbers:

Jan-July 2021                                                       Jan-July 2021

Median list price:    $250,000                              $215,000

Median sales price: $265,000                             $225,500

Days on market:              2                                              4

No. sold:                           225                                         212

The number of homes sold is running a bit ahead of last year; and properties are still selling very fast once they hit the market. Median sales price is up 17% over last year.

Currently there are nineteen single family homes for sale in Waldo, with a median list price of $245,000 and 16 days on market.

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

Armour Hills Home Sales Report—July 2021

Hi neighbors! Home sales are consistently strong in Armour Hills, and prices are much higher compared to July 2020. Let’s look at the numbers:

July 2021                                                             July 2020

Median list price:      $375,000                            $319,000

Median sales price:   $395,000                           $335,000

Days on market:                  2                                    1

No. sold:                                11                                 7

Buyer paid about 5% over list price; values up 17% compared to July 2020. Here are the year-to-date figures:

Jan-July 2021                                                        Jan-July 2020

Median list price:     $365,000                             $347,000

Median sales price:  $390,000                            $342,500

Days on market:                                                       8

No. sold:                                45                                   44

Median sales price jumped 13% over last year; most homes selling faster as well. The highest Armour Hills closed price in 2021 so far is $605,000 and the lowest is $212,000. Currently there are three active listings, with an average price of $399,000 and 53 days on market.

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

Waldo Home Sales Report-June 2021

Waldo continues to be one of the most desirable locations for homebuyers this year–like everywhere else, prices are going way up. Halfway through the year, let’s take a look at what’s been happening in Waldo. I’m tracking single family home sales, in the area bordered by Gregory, 85th and State Line to Holmes.

June 2021                                                                         June 2020

Median list price:      $255,000                                        $229,900

Median sales price:  $270,000                                         $237,000

No. of homes sold:       49                                                    45

Days on market:            2                                                  2

Buyers are paying about 5% over list price, and values are up 14% since last June. Most houses go under contract within 48 hours of listing. Here are the year-to-date stats:

Jan-June 2021                                                                               Jan-June 2020

Median list price:     $250,000                                                    $219,950

Median sales price:  $265,000                                                   $226,000

No. of homes sold:     200                                                           169

Days on market:                                                                       5

More homes closed at this halfway point than last year; prices up 14% YTD compared to last year. The lowest sold price this year so far is $65,000 and the highest is $605,000. Currently there are 18 active Waldo listings, with a median list price of $272,500 and eight days on market.

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

Brookside Home Sales Report-June 2021

We are halfway through the year and there isn’t a slowdown in the demand for Brookside homes–most homes are still closing at over asking price and go under contract within a few days. Here are the stats for June 2021, single family home sales, using the main Brookside zip code of 64113:

June 2021                                                                                                June 2020

Median list price:      $482,000                                                                  $424,900

Median sales price:    $500,000                                                                $420,000

No. sold:                       38                                                                              27

Days on market:                                                                                          8

Last month, four homes sold over $1,000,000–including the highest sale so far this year, at $4.2 million. The lowest closed price was $212,000. Final sales prices were 19% over 2020. Now let’s look at the year-to-date numbers:

Jan-June 2021                                                                                         Jan-June 2020

Median list price:      $470,250                                                                  $425,000

Median sales price:   $482,763                                                                 $433,000

No. sold:                        168                                                                           208

Days on market:           2                                                                                6

Fewer homes on the market means fewer homes sold, which in turn means home prices go up. Compared to last year, home values have risen 11.49% this year–amazing! Currently there are 19 active single family homes for sale in Brookside, with a median price of $595,000. Fourteen homes are priced over $500K; four of those are over $1,000,000.

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

Armour Hills Home Sale Report-May 2021

Well neighbors, the Armour Hills subdivision in Brookside hit a record last month for the highest recorded sale of a single family home. Hard to believe, but someone paid $130,000 over the list price! How crazy is that? Let’s look at the numbers:

May 2021                                                                                       May 2020

Median list price:     $365,000                                                    $352,000

Median sales price:  $363,000                                                   $352,500

No. sold:                         9                                                                 16

Days on market:          2                                                                  4

The lowest sold price last month was $300K, and the highest was $605,000 on a $475,000 list price. It was a beautiful house–a record high closing price for Armour Hills. Here are the year-to-date numbers:

Jan-May 2021                                                                                Jan-May 2020

Median list price:              $367,450                                           $349,900

Median sales price:          $379,950                                           $342,500

No. of homes sold:            26                                                        29

Days on market:                                                                         10

Home values have increased in Armour Hills almost 11% year to date compared to last year. Currently there are four listings in the area, with a median price of $354,450 and 23 days on market.

HAVE A HAPPY AND SAFE JULY 4 HOLIDAY!!!!

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

Waldo Home Sales Report-May 2021

Ready for the latest Waldo home sales stats? Yes, prices continue to rise, and yes, homes are selling quickly. If you are trying to buy a home in Waldo–don’t get discouraged! Stay the course, be prepared and eventually it will work out. This report reflects the Waldo boundaries of Gregory to 85th St and State Line to Holmes.

May 2021                                                                                       May 2020

Median list price:     $265,000                                                    $254,950

Median sales price:  $278,500                                                   $249,000

No. sold:                        30                                                              36

Days on market:                                                                        4

Home values up 11% compared to May 2020; the lowest closed price last month was $119,000 and the highest was $605,000.

Here are the year-to-date numbers:

Jan-May 2021                                                                                          Jan-May 2020

Median list price:       $249,950                                                                 $215,000

Median sales price:   $263,500                                                                 $222,000

No. sold:                             158                                                                      131

Days on market:               2                                                                            13

Another big increase in Waldo home values over last year–18% year-to-date. Currently, there are just ten single family homes for sale in Waldo, with a median list price of $240,000 and 8 days on market. Prices range from $109,000 to $429,000.

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

Brookside Home Sales Report-April 2021

More interesting stats on the home sales market in Brookside…I’m a bit late reporting as I’ve been very busy selling houses! So let’s get into it…here are the numbers for single family home sales in Brookside, using the main Brookside zip code of 64113:

April 2021                                                                            April 2020

Median list price:    $490,250                                     $419,000

Median sales price:      $511,500                                       $400,000

No. sold:                      28                                                        10

Days on market:         2                                                        23

We had our highest sale so far this year last month; a Sunset Hill home closed at $2.16 million.  The lowest sold home was $285,000.  Prices are up 27% over last April.

Here are the year-to-date numbers:

Jan-April 2021                                                               Jan-April 2020

Median list price:     $429,000                                         $367,450

Median sales price:  $432,000                                        $367,500

No. sold:                      83                                                        60

Days on market:        2                                                          17   

Prices are up 17% YTD. One closed sale this year went $65K over the list price! Currently there are 12 single family home listings in Brookside, with a median asking price of $462,475 and 5 days on market.

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

Waldo Home Sales Report-March 2021

Homebuyers continue to snap up homes in Waldo, driving prices higher. And we are just now getting into the most popular buying months of the year! Here are the sales stats from Waldo, using the boundaries from Gregory to 85th St, State Line to Holmes:

March 2021                                                                                  March 2020

Median list price:    $237,500                                                   $228,000

Median sales price:    $252,500                                               $230,000

No. of homes sold:          26                                                          31

Days on market:              2                                                             31

The lowest closed price last month was $136,000 and the highest was $400,000. Home values up 9.78% compared to March 2020.

Here are the year-to-date figures:

Jan-March 2021                                                                        Jan-March 2020

Median list price:       $250,000                                               $210,000

Median sales price:    $263,500                                              $210,750

No. of homes sold:       71                                                 62

Days on market:           3                                                             28

Look at the difference between the median sales prices: 25% higher this year, and homes are going under contract in a matter of days. Buyers are consistently offering over list price on contracts. I’ve been saying that for months and don’t see any change in the foreseeable future.

Currently there are just five homes for sale in Waldo, with a median list price of $249,000 and four days on the market.

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