This Kansas City Real Estate Market Report includes Mission Hills, Indian Hills and Sagamore Hills in Kansas. These three subdivisions are known for their large lot sizes, impeccable grounds, and the interesting architectural details displayed in each house. Many homes feature gardens designed and cared for by Master Gardeners.Elegant statues, fountains and topiary grace private and public land. Majestic oaks, maples and cottonwoods line the streets and sidewalks. The neighborhood is perfect for strolling, biking, and jogging.
The three neighborhoods are known collectively as 'the three sisters' and, for convenience, people often refer to all three as 'Mission Hills.'
Most homes in Mission Hills, Indian Hills and Sagamore subdivisions were built in the 1920's and 30's although fill-in construction is ongoing in all three subdivision. The homes are generally larger than what one would consider average. The original vision for the neighborhood was another visionary idea from J. C. Nichols.
Building of these luxury neighborhoods coincided with the development of the Country Club Plaza and Sunset Hill, on the Missouri side. Now within the urban core of Kansas City, in the 20's there were horse trails leading from the neighborhoods into the Country Club Plaza.
Situated between three country clubs, the winding streets of Mission Hills and her two sister neighborhoods are a sanctuary within the city limits of Kansas City. Each country club offers golf, fine dining and all the amenities one would expect.The Kansas City Country Club is shown here, on the Google Map. The Mission Hills Country Club is immediately to the north; Indian Hills Country Club is to the south.
Sales of homes in Mission Hills has picked up during the last 6 months. As you know, our luxury real estate market in Kansas City has been a bit on the slow side during the recession.
The average price of homes sold in Mission Hills, KS during the last 365 days was $816,339. Average square footage is 4,089 sq. ft.
The lowest price for a home sold in Mission Hills during the last 365 days was $260,000. This was a 4 bedroom, 2 and 1/2 bath, 2,500 square foot, 'Fixer-Upper' on State Line Road in Sagamore Hills. It was built in 1945, was in an undesirable condition, poorly situated with no outstanding architectural appeal.
The highest price paid for a home in Mission Hills was $2,535,000. This magnificent Edward Tanner built English Tudor is located in the heart of Mission Hills, one block south of the Kansas City Country Club on the desirable Verona Road. The 5,787 square foot Tudor was built in 1926 and possessed the remarkable architectural detail expected in a Tanner built home. It is a 4 bedroom, 4 and 1/2 bath home in superb condition on a 35,000 square foot, impeccably groomed, lot.
Here is a chart showing the Average and Median Sold Price of homes in Mission Hills, Sagamore Hills and Indian Hills over the last 10 YEARS:
Breakdown by neighborhood for residential, single family home, real estate sold in the last 365 days:
Average Sold Price = $863,133
Highest Price paid = $1,625,000
Lowest Price paid = $260,000.
There was one short sale, the fixer-upper mentioned previously and two homes which had not been updated in about forty years. Naturally, these aberrancies lowered the average home value statistically.
Average Sold Price = $881,453
Highest Sold Price = $1,625,000
Lowest Sold Price = $365,000
Average Sold Price = $1,180,000
Highest Sold Price = $2,535,000
Lowest Sold Price = $390,000
The Mission Hills home which sold for $390,000 was an REO. If we remove it from our calculations, the lowest sold price becomes $610,000, moving our average to $1,278,750.
If you are considering selling your home in Mission Hills, Sagamore Hills, or Indian Hills, please call for a consultation.