A brief summary of home sales statistics for July, 2009, Kansas City area. I've also included zip code 64113 and the Armour Hills subdivision.
Jackson County
Pending sales: 756, down from 972 one year ago. 11.65% down YTD.
Average sales price: $137,086, up from $136,997 one year ago.
New listings are down 17.5% YTD,
Johnson County
Pending sales: 786, up from 712 one year ago.
Average sales price: $243,639, down from $253,940 one year ago.
New listings up 2.8%, in July, down 13% YTD.
Zip code 64113 (the Brookside area)
23 homes sold in July, average list price $411,000*, average sales price $377,000*, with average days on market at 141.
Armour Hills subvision, 64113, Brookside
Three homes sold in July, average list price $224,000*, average sales price $203,000*, with average days on market at 97.
*all prices approximate
Commentary: Johnson County homes weathering the slumping housing market much better than Jackson County. The zip code 64113 stats are an average, with home prices ranging from $150K to over $1million. To truly get a picture of 64113, you to average sales within a 5 or 6 block area because of the wide difference in prices. In Armour Hills, where prices generally run from $200K-$300K, the upper end of the market is difficult and the lower end is stronger--due to the affordability for first time home buyers.
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