Armour Hills Home Sales Report-Oct 2017

The Armour Hills subdivision in Brookside has been one of the hottest locations for home buyers this year–the rising prices reflect that demand.  Here are the October 2017 home sales stats for Armour Hills, with a comparison to last year:

October 2017

Median list price:       $329,250

Median sales price:    $327,250

No. of homes sold:       8

Days on market:          47

The lowest closed sales price was $235,000 and the highest was $446,500.  

October 2016

Median list price:       $289,475

Median sales price:    $294,499

No. of homes sold:        12

Days on market:            27

Checking year-to-date figures:

Jan-Oct 2017

Median list price:       $314,750

Median sales price:    $313,250

No. of homes sold:        84

Days on market:            9

Jan-Oct 2016

Median list price:        $275,000

Median sales price:     $274,500

No. of homes sold:        72

Days on market:            25

Note that this year, sellers are getting 99% of their asking price, and prices are up 19% over 2016.  Currently there are seven homes listed in Armour Hills, with a median price of $307,000.  Two of the homes are  over $500K– that’s rare high asking price for our neighborhood.  

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

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Armour Hills Home Sales Report – Sept 2017

Armour Hills continues to be one of the hottest neighborhoods in Brookside for buyers–many sellers who have maintained and updated their homes through the years are  experiencing multiple offers and quickly getting the homes under contract.  Here is the September 2017 home sales report for the Armour Hills subdivision in Brookside:

September 2017

Median List Price:      $311,225

Median Sales Price:    $313,250

No. of Homes Sold:          6

Days on Market:               3

The lowest closed price was $195,000 and the highest was $415,000–that was $16K over the list price of $399,000.  Every sale except one sold at or over asking price. 

September 2016

Median List Price:     $244,950

Median Sales Price:   $247,500

No. of Homes Sold:       6

Days on Market:           39

Here are year-to-date comparisons:

January-September 2017

Median List Price:     $314,750

Median Sales Price:   $313,250

No. of Homes Sold:       76

Days on Market:            7

January – September 2016

Median List Price:     $269,700

Median Sales Price:   $268,500

No. of Homes Sold:       62

Days on Market:           25

Technically these figures show a median sales price increase of 16% compared to last year–however I don’t think the year end figure will be that high.  Currently there are six homes listed in Armour Hills, with a median list price of $317,000 and 32 days on  market.

 

Waldo Home Sales Report – Sept 2017

What is driving up Waldo home sale prices?  Not enough inventory, lots of buyers and bidding wars.  Once again, sales prices beat the listing price for last month’s stats.  Here is the single family home sales report  for September 2017, with comparisons to last year; and I’m using the street boundaries of Gregory to 85th St and Holmes to State Line:

September 2017

Median List Price:     $175,000

Median Sales Price:   $187,000

No. of Homes Sold:       29

Days on Market:           10

September 2016

Median List Price:     $164,450

Median Sales Price:   $161,000

No. of Homes Sold:      38

Days on Market:           30

The lowest closed price in Waldo last month was $37,500 and the highest was $317,500.  Nine of the 29 homes closed at or above list price.  One house, listed at $119,000 sold for $139,000–that’s $20K over asking price!

Checking year-to-date figures:

January-September 2017

Median List Price:     $177,000

Median Sales Price:   $175,000

No. of Homes Sold:      303

Days on Market:            14

January – September 2016

Median List Price:     $165,000

Median Sales Price:   $164,000

No. of Homes Sold:     321

Days on Market:          23

Median sales prices are up in Waldo 7.9% compared to last year, and homes are selling faster.  Currently there are 28 active single family homes on the market in Waldo, with a median list price of $187,500.

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

Brookside Home Sales Stats-Sept 2017

The housing market continues to favor sellers in Brookside, especially in the desirable $300-$400 price range.  Units sold are almost half of last years’ September figures, due to lack of inventory in this price category.  Here are the single family home sales for the Brookside zip code of 64113, and year to date comparisons:

September 2017

Median List Price:     $349,000

Median Sales Price:   $333,000

No. of Homes Sold:         17

Days On Market:               8

September 2016

Median List Price:       $380,000

Median Sales Price:     $375,000

No. of Homes Sold:          29

Days On Market:              44

The lowest sold price last month was $195,000 and the highest was $520,000.  In September 2016, there were several sales over $600K, including a $1.25 million dollar sale, so that’s why last year’s median price is higher than 2017.  Still, home went under contract very fast last month–under ten days on market.

Checking year-to-date figures:

January-September 2017

Median List Price:      $379,000

Median Sales Price:    $365,000

No. of Homes Sold:       225

Days on Market:             18

January-September 2016

Median List Price:      $359,250

Median Sales Price:    $353,500

No. of Homes Sold:        252

Days on Market:             35

Due to less inventory this year, prices are up and homes are going under contract faster.  Median sales prices increased 3.25% compared to last year.  Currently there are 50 homes for sale in the Brookside zip code of 64113, at a median price of $557,500 and 62 days on market.  Over half – 27- of the homes are priced over $500K.  

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

 

 

Waldo Home Sales Stats – Aug 2017

Waldo home prices continue to climb this year…and houses are selling very fast!  Usually the market slows down after the July 4 holiday–not in Waldo!  Here are the Aug 2017 stats and comparisons to 2016.  The boundaries I’m using are State Line to Holmes; Gregory to 85th St.

August 2017

Median list price:     $175,000

Median sales price:  $178,000

No. of homes sold:       33

Days on market:           8

The highest sale was $326,000 and the lowest closed price was $115,000.  Notice the sales price was higher than the listed price!

August 2016

Median list price:      $150,000

Median sales price:   $146,000

No. of homes sold:       46

Days on market:          34

Comparing Aug 2017 to Aug 2016–a 21% increase in prices!  Here are year to date stats:

Jan-Aug 2017

Median list price:        $175,000

Median sales price:    $176,500

No. of homes sold:       270

Days on market:           15

Jan-Aug 2016

Median list price:       $164,975

Median sales price:    $163,975

No. of homes sold:        268

Days on market:            21

This year, homes are selling faster and for higher prices in Waldo.  Year to date, median sales price is up 7.6%.  Currently there are 23 single family homes for sale in Waldo, with a median list price of $163,900.

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

Armour Hills Home Sales Report-Aug 2017

The Armour Hills subdivision in Brookside continues to be a desireable location for homebuyers this year–prices are up compared to 2016.  Here are the stats for August 2017, with a year to date comparison as well.

Aug 2017

Median list price:     $285,000

Median sales price:  $285,000

No. of houses sold:     11

Days on market:          19

Aug 2016

Median list price:     $254,500

Median sales price:   $254,000

No. of houses sold:       8

Days on market:          13

The highest closed price was $421,750 and the lowest was $235,000.  There is very little, if any, negotiation on list price.  

Here are the year to date stats:

Jan-Aug 2017

Median list price:     $315,000

Median sales price:  $312,500

No. of houses sold:       71

Days on market:           7

Jan-Aug 2106

Median list price:     $269,950

Median sales price:  $272,250

No. of houses sold:      56

Days on market:           13

Prices are up about 14% year to date–wow, that is quite a jump!  However, I don’t think final 2017 stats will show that much of an increase. Still, higher prices mean more equity for sellers and buyers are comfortable paying more to live in our neighborhood.  Currently there are five homes for sale in Armour Hills, with a median list price of $335,000 and 7 days on market.

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

Brookside Home Sales Report-Aug 2016

As we get into the second half of the year…the home buying market starts slowing down.  Sales have been  strong this year in Brookside (list price under $450K); there is still demand, but most of the inventory is priced well over $500K.  Here is the August  2017 Brookside single family home sales report, using stats from zip code 64113:
Aug 2017
Median list price:        $376,500

Median sales price:    $358,000

Number of homes sold:    24

Days on market:               37
The lowest closed price was $235,000 and the highest was $770,000.
Aug 2016
Median list price:        $328,900

Median sales price:    $322,000

Number of homes sold:   30

Days on market:              13
Sales prices are up 11% compared to last August.  Checking year-to-date figures:
Jan-Aug 2017
Median list price:        $379,995

Median sales price:    $365,000

Number of homes sold:  209

Days on market:              19
Jan-Aug  2016
Median list price:         $357,250

Median sales price:     $351,500

Number of homes sold:   223

Days on market:               34
Year to date, home prices are up 3.8% and going under contract faster than 2016.  Currently, there are 47 homes for sale in Brookside, with a median list price of $589,000.  Over half of the homes on the market are listed over $500,000, pushing that median price way up.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)