Armour Hills July 2017 Home Sales Report

Armour Hills in Brookside — a hot location for homebuyers this year!  Prices have really jumped up from one year ago.  Here are the July 2017 home sales for Armour Hills, and a comparison to last year.

July 2017                                              

Median list price:      $335,000                          

Median sales price:  $335,000                          

Number of homes sold:  6  

Days on market:               5                   

July 2016        

Median list price:       $254,500

Median sales price:   $256,000     

Number of homes sold:   8  

Days on market:                5

The lowest sales price in July  2017 was $249,900 and the highest was $397,500.      

Now let’s look at year to date:

Jan- July 2017                                

Median list price:      $320,000

Median sales price:  $322,500

Number of homes sold:  59

Days on market:              7                           

Jan- July 2016

Median list price:        $275,000

Median sales price:     $274,500

Number of homes sold:  47

Days on market:               11

Home prices are up 17% YTD!  It will be interesting to see what the numbers are for 2017 as a whole. I don’t think year end stats will be quite that high.  However, note that most homes are selling at list price or over.   Currently in Armour Hills there are five active listings with a median price of $385,000 and 41 days on market.       

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

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Armour Hills Home Sales Report-Nov 2016

Even during the traditionally slower Fall home buying season…Armour Hills continues to be a hot  area for homebuyers.  Prices continue to rise compared to 2015.    Let’s look at the numbers:

Nov  2016:                                                          Nov  2015:

Median list price:      $260,000                     Median list price:        $274,950

Median sales price:  $260,000                      Median sales price:    $276,000

Number of homes sold:  9                               Number of homes sold:   4

Days on market:             35                                 Days on market:              70

Although median price was lower than last November, five of the homes sold at list price or over list price.

Checking year to date figures:

2016, Jan-Nov:                                                          2015, Jan-Nov:

Median list price:      $272,500                              Median list price:      $265,000

Median sales price:  $272,500                              Median sales price:  $265,000

Number of homes sold:  80                                   Number of homes sold: 73

Days on market:             30                                      Days on market:            34

Prices are up, and more homes are selling.  So far, the lowest sale in Armour Hills this year is $176,000 and the highest is $499,000.  Next month I will report 2016 year end results as well as December stats.

Currently there are 4 homes for sale in Armour Hills, with a median list price of $280,000  and 77 days on market.

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

Armour Hills Home Sales Report-Sept 2016

Checking home sales for Armour Hills September 2016…overall, prices are steadily rising this year.  Let’s look at the numbers:

Sept  2016:                                                           Sept  2015:  

Median list price:      $244,950                      Median list price:        $269,500

Median sales price:  $247,500                       Median sales price:    $265,000

Number of homes sold:  6                               Number of homes sold: 3

Days on market:             39                                 Days on market:           91

You can see median sales price for last month was considerably lower than August 2015.  However, in September 2016, four of the six homes sold at or above list price. Days on market was much less as well.  

Checking year to date figures:

2016, Jan-Sept:                                                          2015, Jan-Sept:

Median list price:      $269,500                              Median list price:      $267,250                      

Median sales price:  $267,000                              Median sales price:  $265,000

Number of homes sold:  61                                    Number of homes sold: 64

Days on market:             26                                      Days on market:            33

Currently there are 8 homes for sale in Armour Hills, with a median list price of $322,500.

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

Armour Hills Home Sales Report Oct 2015

Autumn is the prettiest season in Armour Hills…soon all the colorful  leaves will be gone, and we’ll see naked sticks outlining the sky. I  also think the trees look the brightest when the skies are a dull gray color. We have a few new households arrive in our neighborhood last month…welcome!    Here are details for  single family home sales In Armour Hills as of last month:

In October  2015, four  homes sold with a median list price of $244,475 and a sales price of $243,000 with 23 days on market.    

In October 2014, six  homes sold with a median list price of $231,950 and a median sales price of $219,750 with 30 days on the market.  

Prices are up compared to last October, and sellers are getting very close to the list price for their homes.  

Checking year-to-date figures:

From January through October 2015, 69 homes have sold with a median list price of $265,000 and a median sales price of $265,000 with 32 days on market.  

From January through October 2014, 55 homes sold with a median list price of $239,950 and sales price of $239,950 with 28 days on market.

Did you notice the median list price and sales price are the same figure for both?? Buyers are paying top dollar to move into Armour Hills..when the property is priced correctly.    

As you can see, we are still way ahead as far as number of homes sold and median sales price compared to 2014.  Currently there are five homes for sale, with a median list price of $229,000  and 97 days on market.  

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

Armour Hills Home Sales Report – September 2015

PrintHello neighbors…time to report on September 2015 home sales in our Armour Hills subdivision in Brookside.  Sales are slowing down as we move to the holiday season…and hopefully a WORLD SERIES WIN!!  Here are details for  single family home sales In Armour Hills as of last month:

In September  2015, three  homes sold with a median list price of $269,500 and a sales price of $265,000 with 88 days on market.    

In September 2014, six  homes sold with a median list price of $275,000 and a  median sales price of $272,700 and eleven days on the market.  

The 88 days on market is much longer than we’ve been trending this year.  That’s because the three houses that sold last month had all been on the market for almost ninety days  before going under contract–the sales prices were also dropped from initial list price to market value.

Checking year-to-date figures:

From January through September 2015, 63 homes have sold with a median list price of $269,000 and a median sales price of $265,000 with 32 days on market.  

From January through September 2014, 48 homes sold with a median list price of $249,500 and sales price of $246,000 with 29 days on market.    

As you can see, we are still way ahead as far as number of homes sold and median sales price compared to 2014.  Currently there are 14 homes for sale, with a median list price of $284,450 and 41 days on market.  The lowest price home is $199,500 and the highest list price is $525,000.

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

Armour Hills Home Sales Stats – March 2015

PrintArmour Hills home sales are sizzling hot this spring!  Sales so far this year are almost double of 2014.  Let’s examine the numbers:

In March 2015, twelve homes sold with a median list price of $265,000; median sales price of $257,500 and 42 days on market.

In March 2014, three homes sold with a median list price of $325,000;  median sales price of $325,000 and two days on the market.

So far in 2015, eighteen homes have sold with a median sales price of $257,000.

In the first three months of 2014, ten homes sold with a median sales price of $239,950.

We’ve had a big jump in the number of homes sold compared to last year.  Overall, the median sales price is much higher as well.

Open house traffic is very strong in our neighborhood, and any new listing that pops on the market has several showings in the first couple of days.  Currently there are 10 active listings in Armour Hills, with a median price of $267,500 and 23 days on market. I expect the figures for April 2015 to be just as strong.

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)