Blogging from Brookside in Kansas City: Armour Hills (Kansas City MO) Aug 2018 Home Sales Report

Armour Hills (Kansas City MO) Aug 2018 Home Sales Report

Quite a few homes closed in Armour Hills last month--our subdivision continues to be one of the most desirable neighborhoods in Brookside!  Below are the stats and year-to-date comparisons:


August 2018                                                              August 2017

Median list price:    $327,450                          Median list price:   $285,000

Median sales price:    $322,500                       Median sales price:   $285,000

No. of homes sold:       10                                 No. of homes sold:    11

Days on market:          22                                  Days on market:        19


It's unusual for there to be such a large difference in the YTD sales price--over $37,500--however last August, more of the lower priced AH homes closed.  The lowest price last month was $217,500 and the highest was $370,000.


Now for year-to-date numbers:


Jan-Aug 2018                                                    Jan-Aug 2017

Median list price:     $315,000                       Median list price:      $315,000

Median sales price:  $320,000                       Median sales price:    $312,500

No. of homes sold:      55                                No. of homes sold:     71

Days on market:         10                                 Days on market:        7


Home values are up 1.5% over last year at this time and fewer homes have sold--the days on market are about the same.  Note actual sales prices are over list price for the year--indicating strong buyer interest and multiple offer situations.


Currently there are six homes for sale in Armour Hills, with a median list price of $394,950 and 53 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

816 510 1262


Comment balloon 3 commentsMary Hutchison, SRES, ABR • September 12 2018 04:41PM


Hi Mary, thanks for sharing the Market Update with us in Ar Land.

Posted by Ronald DiLalla, No. Orange Cty Real Estate (Century 21 Discovery DRE 01813824) 8 months ago

Good morning Mary - adding explanation to the numbers gives your buyers and sellers a better understanding of the market.  It one reason they should choose you.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 8 months ago

Mary, great market update for Brookside, and sure looks like homeowners are seeing great home value increases! 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) 7 months ago