Armour Hills Home Sales Report – Oct 2019

I’ve already report October home sales stats for Brookside and Waldo–both areas down a bit from Oct 2018. But not Armour Hills–my neighborhood going up up up this year!  It is a much smaller sample of homes than Waldo and Brookside (and of course, Armour Hills included in the Brookside numbers) but still an indication of how desirable this area is for home buyers.  Here are the stats:

October 2019                                                October 2018

Median list price:     $349,950                   Median list price:     $317,000

Median sales price:    $340,000                 Median sales price:   $310,750

No. of homes sold:        7                             No. of homes sold:     12

Days on market:          42                             Days on market:         3

The reason the days on market was so much longer this year is that one Armour Hills home that was on the market well over six months finally closed.  Checking year-to-date numbers:

Jan-Oct 2019                                                      Jan-Oct 2018

Median list price:     $346,250                        Median list price:     $315,000

Median sales price:   $342,500                       Median sales price:    $315,750

No. of homes sold:     76                                   No. of homes sold:      74

Days on market:         14                                   Days on market:         9

Compared to last year, Armour Hills home values are up just over 8% so far this year.  The lowest closed sale so far is $241,000 and the highest is $500,000.  Currently there are six active listings, ranging from $339,900 to $529,000 and 11 days on market.  

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

 

 

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