Blogging from Brookside in Kansas City: Romanelli West/Romanelli Gardens Home Sales Stats-Kansas City MO

Romanelli West/Romanelli Gardens Home Sales Stats-Kansas City MO

Let's take a look at some home sales statistics for Romanelli West and Romanelli Gardens, two subdivisions in Kansas City MO. All data taken from the Heartland MLS service, deemed reliable but not guaranteed.

 

Romanelli West

January-July 2010

Eight homes sold, average list price $321,775.  Average sales price $309,000. Average days on market: 166.

January-July 2011

Ten homes sold, average list price $301,175. Average sales price $285,560.  Average days on market: 123.

Sales are happening faster in RW this year, and a couple of more homes have sold. However, the average sales price continues to fall.

Romanelli Gardens

January-July 2010

Ten homes sold, average list price  $400,753. Average sales price $383,654.  Average days on market: 51.

January-July 2011

Twenty-three homes sold,  average list price $311,346. Average sales price $298, 507.  Average days on market: 136.

I double checked my figures on these stats--that is a huge drop in averages sales and list price in one year.  Days on market doubled.  More homes sold, this could reflect more foreclosers in the area.  The homes in Romanelli Gardens are older, larger and filled with charm.  Some are not as updated as others.  I suspect as the middle class continues to downsize their lifestyle and finances, the larger homes are not as desirable.

If you would like sales stats for your area, email me with your address.

 

 

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 0 commentsMary Hutchison, SRES, ABR • September 01 2011 02:37PM

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