It’s just amazing how much home prices have jumped in Armour Hills this year! Buyers are snapping up the updated, well maintained and show – ready homes within a few days of hitting the market! Here are the details for last month:
In October 2013, 9 homes sold. The average list price was $256,078 and the average sales price was $256,211. Average days on market: 24. (note the average sales price here is higher than the list price!)
In October 2012, 5 homes sold. The average list price was $211,780 and the average sales price was $201,720. Average days on market: 61.
Average home prices for October of this year are up 27% over last October, and almost twice the numbers of homes sold, with days on market less than half of the previous year.
Let’s compare year-to-date figures:
In the first ten months of 2013, 70 homes sold with an average sales price of $260,792 and 62 days on market.
In the first ten months of 2012, 68 homes sold with an average sales price of $217,919 and 82 days on market.
Home prices are up over 19% over last year..wow!
As of this writing, there are 15 homes for sale in Armour Hills, with an average list price of $271,142 and 77 days on market.
If you would like specific sales figures from your neighborhood, contact me.
(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)