Armour Hills Home Sales Report-June 2018

Armour Hills, one of the largest subdivisions in Brookside, continues to be one of the most desirable locations for home buyers.  Again last month, median sales price was higher than list price.  Here are the stats:

June 2018                                                          June 2017

Median list price:     $315,000                      Median list price:    $294,500

Median sales price:   $322,500                    Median sales price: $306,000

No. of homes sold:     8                                 No. of homes sold:    17

Days on market:        6                                  Days on market:      34

And here are year-to-date figures:

Jan-June 2018                                              Jan-June 2017

Median list price:     $313,450                  Median list price:    $317,250

Median sales price:   $312,500                Median sales price:  $313,500

No. of homes sold:       36                         No. of homes sold:    54

Days on market:           6                           Days on market:        6

The lowest closed sales price so far this year is $180,000 and the highest is $475,500.  Median sales prices are less than 1% this year compared to last; however fewer homes have sold this year.  Overall, I think 2018 prices will beat 2017.  Currently there are ten active listings in Armour Hills, with a median price of $327,450 and 18 days on market.

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

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