It’s the last week of May 2020; have you noticed how much more daylight we have in the evening? Many more people out walking and I often hear the bagpipe player here in Armour Hills. We have a long summer ahead dealing with the coronavirus..but we persevere! Here are the home sales stats for Armour Hills, the largest subdivision in the Brookside area:
April 2020 April 2019
Median list price: $340,000 $358,700
Median sales price: $336,500 $366,250
No. of homes sold: 6 10
Days on market: 20 2
Home prices were down 8% compared to the year prior. Now let’s look at year-to-date numbers:
Jan-April 2020 Jan-April 2019
Median list price: $339,950 $347,500
Median sales price: $337,500 $350,000
No. of homes sold: 13 23
Days on market: 32 31
Armour Hills home prices are down about 3.7% year to date; Brookside as a whole is off 5% YTD. Notice fewer homes are selling. This decrease cannot all be blamed on the pandemic. Inventory is still low; currently there are 4 active listings in Armour Hills, with an average list price of $352,475 and 40 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)