Armour Hills May 2018 Home Sales Report

Armour Hills continues to be one of the most desirable neighborhoods for Brookside home buyers.  Most homes are under contract within a few days of listing.  And many homes sell for over the asking price.  Let’s look at the specific stats:

May 2018                                                                     May 2017

Median list price:     $325,000                               Median list price:     $325,000    

Median sales price:   $320,000                             Median sales price:   $327,500

No. of homes sold:         7                                       No. of homes sold:     17

Days on market:           2                                         Days on market:         3

Although the median sales price was lower last month–buyers are still snapping up new listings within a couple of days.  Here are year-to-date numbers:

Jan-May 2018                                                         Jan-May 2017

Median list price:     $306,0000                        Median list price:         $320,000     

 Median sales price:   $309,500                        Median sales price:      $322,500

No. of homes sold:     28                                    No. of homes sold:        37

Days on market:        6                                       Days on market:           4

Although YTD prices are running behind 2017, homes are still selling fast and generally, for over asking price. The highest sale in Armour Hills so far this year was $465,000 and the lowest was $180,000.  Currently there are 9 homes for sale in Armour Hills, with a median list price of $339,000 and 27 days on market.

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

 

 

 

 

 

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