Hello neighbors…time to report on September 2015 home sales in our Armour Hills subdivision in Brookside. Sales are slowing down as we move to the holiday season…and hopefully a WORLD SERIES WIN!! Here are details for single family home sales In Armour Hills as of last month:
In September 2015, three homes sold with a median list price of $269,500 and a sales price of $265,000 with 88 days on market.
In September 2014, six homes sold with a median list price of $275,000 and a median sales price of $272,700 and eleven days on the market.
The 88 days on market is much longer than we’ve been trending this year. That’s because the three houses that sold last month had all been on the market for almost ninety days before going under contract–the sales prices were also dropped from initial list price to market value.
Checking year-to-date figures:
From January through September 2015, 63 homes have sold with a median list price of $269,000 and a median sales price of $265,000 with 32 days on market.
From January through September 2014, 48 homes sold with a median list price of $249,500 and sales price of $246,000 with 29 days on market.
As you can see, we are still way ahead as far as number of homes sold and median sales price compared to 2014. Currently there are 14 homes for sale, with a median list price of $284,450 and 41 days on market. The lowest price home is $199,500 and the highest list price is $525,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed)