Hey neighbors–here are home sales stats for August/September 2010 in Armour Hills:

9 homes sold, average price $203,983.

38 active homes for sale as of today, ranging in price from $145,000-$469,950.

In comparison, 10 homes sold in August/September 2009, average price of $236,643.

(information taken from Heartland MLS–deemed reliable but not guaranteed.)

Lower average price reflects the constant amount of foreclosures in the area and sellers who keep lowering prices to move inventory.

There is still a lot of competition out there …if you are thinking of selling your home, my advice is to spend the next few months cleaning, painting, decluttering and making needed repairs…then put it on the market in February/March.

Thanks for reading my blog; you can reach me at mary.hutchison@prukc.com