Armour Hills home sales are sizzling hot this spring!  Sales so far this year are almost double of 2014.  Let’s examine the numbers:

In March 2015, twelve homes sold with a median list price of $265,000; median sales price of $257,500 and 42 days on market.

In March 2014, three homes sold with a median list price of $325,000;  median sales price of $325,000 and two days on the market.

So far in 2015, eighteen homes have sold with a median sales price of $257,000.

In the first three months of 2014, ten homes sold with a median sales price of $239,950.

We’ve had a big jump in the number of homes sold compared to last year.  Overall, the median sales price is much higher as well.

Open house traffic is very strong in our neighborhood, and any new listing that pops on the market has several showings in the first couple of days.  Currently there are 10 active listings in Armour Hills, with a median price of $267,500 and 23 days on market. I expect the figures for April 2015 to be just as strong.