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

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

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

Comments

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) 3 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) 2 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 (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) about 2 months ago

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