Blogging from Brookside in Kansas City

Armour Hills (Kansas City MO) September 2017 Home Sales Report

Armour Hills in Brookside has been one of the hottest neighborhoods for buyers this year--prices are up and homes sell fast.  Here is  the September 2017 home sales report, with comparisons to last year:

 

September 2017

Median List Price:     $311,225

Median Sales Price:   $313,250

No. of Homes Sold:      6

Days on Market:           3

 

September 2016

Median List Price:     $244,950

Median Sales Price:   $247,500

No. of Homes Sold:      6

Days on Market:          39

 

The lowest closed price last month was $195,000 and the highest was $415,000--$16K over the asking price of $399,000.

Checking 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

 

So far, median sales prices are up 16% over the same period last year--however I don't think we will finish the year with that high of an increase.  You can see the trend of sellers getting at or over the sticker price for their properties...and a very short time on the market before an offer (or offers!) are made. 

 

Currently there are six homes listed in Armour Hills, with a median price of $317,000 and 32 days on market.

 

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

Mary Hutchison, SRES, ABR

(Brookside/Armour Hills resident, local business supporter, NPR fan, Habitat ReStore volunteer, thankful for the gift of another day!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

Comment balloon 3 commentsMary Hutchison, SRES, ABR • October 16 2017 03:31PM
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