Armour Hills Home Sales Stats – May 2013

Armour Hills Homes in Brookside

Armour Hills Homes in Brookside

Wow, look at these average home sale prices for Armour Hills!  We are in peak home buying season, and prices are way up compared to last year.  Let’s examine May 2013 home sales for Armour Hills:

In May 2013, ten homes sold.  Average list price was $266,420 and average sales price was $262,650.  Average days on market was 52 days.  

In May 2012,  seven homes sold at an average price of $232,429  and 90 days on the market.

More homes are selling–that has been a steady trend all year.  And as you can see, average sales prices are way up; days on market way down compared to one year ago.  

Now let’s compare to year-to-date figures:

From Jan-May 2013, twenty-six  homes have sold  at an average price of $251,445 and 89  days on market.

From Jan-May 2012,  twenty homes sold at an average price of $217,048 and 93 days on market.

More homes are selling this year over last. Average prices are way up as inventory is low, demand is strong and sellers areoffering well maintained, attractive homes for buyers to consider.  Also, there are not as many foreclosures and short sales this year.  Our neighborhood continues to be a desirable location for homeowners, and the higher prices benefit both buyers and sellers.   As of this writing, there are 14 homes for sale in Armour Hills, at an average list price of  $$242,839.

(As a side comment, it is interesting how homeowners like to see strong average sales prices in their neighborhoods–yet when their Jackson County home is assessed with a higher value, they want to protest the tax hike!)

If you are thinking of selling your Armour Hills home…now is the right time to get it on the market!

(All figures taken from Heartland MLS and deemed reliable but not guaranteed).

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