The Armour Hills subdivision in Brookside has been one of the hottest locations for home buyers this year–the rising prices reflect that demand. Here are the October 2017 home sales stats for Armour Hills, with a comparison to last year:
October 2017
Median list price: $329,250
Median sales price: $327,250
No. of homes sold: 8
Days on market: 47
The lowest closed sales price was $235,000 and the highest was $446,500.
October 2016
Median list price: $289,475
Median sales price: $294,499
No. of homes sold: 12
Days on market: 27
Checking year-to-date figures:
Jan-Oct 2017
Median list price: $314,750
Median sales price: $313,250
No. of homes sold: 84
Days on market: 9
Jan-Oct 2016
Median list price: $275,000
Median sales price: $274,500
No. of homes sold: 72
Days on market: 25
Note that this year, sellers are getting 99% of their asking price, and prices are up 19% over 2016. Currently there are seven homes listed in Armour Hills, with a median price of $307,000. Two of the homes are over $500K– that’s rare high asking price for our neighborhood.
(All information taken from Heartland MLS; deemed reliable but not guaranteed.)