Interesting stats for the Armour Hills subdivision in Brookside–a slight dip in home values to report and several homes currently on the market. That’s a change from previous months. Let’s look at the numbers:
July 2018 July 2017
Median list price: $349,950 Median list price: $335,000
Median sales price: $348,450 Median sales price: $335,000
No. of homes sold: 9 No. of homes sold: 6
Days on market: 3 Days on market: 5
The lowest closed sales price last month was $200K and the highest was $430,000, $10,000 over the list price. Year-to-date stats below:
Jan-July 2018 Jan-July 2017
Median list price: $315,000 Median list price: $320,000
Median sales price: $315,000 Median sales price: $322,500
No. of homes sold: 45 No. of homes sold: 59
Days on market: 5 Days on market: 7
Median home prices are down 2% compared to 2017, however this may be a one month blip. Homes are still selling quickly in Armour Hills and there is less inventory than 2017. Currently there are 13 active listings, at a median list price of $329,000 and 33 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)