Armour Hills was a hot location for homebuyers in 2016: many sellers got close to asking price; some homes had bidding wars! Median prices were up almost 3% over 2015. I think 2017 will be a strong sales year for our neighborhood as well. Let's check the January 2017 sales for Armour Hills in the Brookside area of Kansas City:
Number of homes sold: 4
Median list price: $329,475
Median sales price: $327,500
Average days on market: 18
Number of homes sold: 2
Median list price: $264,475
Median sales price: $269,155
Average days on market: 39
More expensive homes closed last month, pushing the median price higher. Although only two homes sold in Jan 2016, one of them went for $12,555 over the asking price--so the median sales price is way higher than list price.
Currently there are just two homes for sale in Armour hills, with a median price of $310,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)