Armour Hills Home Sales Report-June 2017

Armour Hills continues to be one of the most desirable neighborhoods for Brookside home buyers–most listings do not stay on the market very long.  The stats back that up–so here’s the June 2017 home sales report for Armour Hills, with comparisons to last year.

June 2017

Median list price:       $294,950

Median sales price:    $306,000

Days on market:              34

No. of homes sold:          17

Out of the 17 homes that closed last month, 12 were sold at or above the list price.  One house sold for $15K over asking price.  Lowest sales price was $168,500 and the highest price was $450,000.

June 2016

Median list price:        $279,475

Median sales price:     $284,500

Days on market:                3

No. of homes sold:           12

You can see that even last year, many homes were selling for over the list price. Now let’s check year-to-date stats.

Jan-June 1017

Median list price:       $317,250

Median sales price:    $313,500

Days on market:             6

No. of homes sold:        54

Jan-June 2017

Median list price:        $279,000

Median sales price:     $275,000

Days on market:              16

No. of homes sold:         40

Median sales prices in Armour Hills are up 14% year to date.  Most home sales occur in the first six months of the year–we will see how the second half of the year shakes out.  There is still strong demand for well maintained, updated homes in our neighborhood.  Usually the market slows down in August through mid September–I’ll be watching to see if that is the pattern for 2017!

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

 

 

 

 

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