Hello neighbors! The home stats for Brookside’s largest subdivision were down quite a bit from August of last year–but no worries, the year-to-date figures are pretty stable. Let’s examine the numbers:
| August 2020 | August 2019 |
| Median list price: $317,500 | $377,500 |
| Median sales price: $320,000 | $374,250 |
| No. of homes sold: 12 | 6 |
| Days on market: 3 | 5 |
You can see the median sales price was over 14% lower than the previous August. However, more homes closed in August of 2020, including one property that was listed at $375,000 and sold for $435,000–that’s $60K over asking price! Here are the YTD stats:
| Jan-Aug 2020 | Jan-Aug 2019 |
| Median list price: $342,475 | $342,450 |
| Median sales price: $338,750 | $342,500 |
| No. of homes sold: 56 | 62 |
| Days on market: 6 | 18 |
Sold prices are just about 1% off; the number of homes sold is about the same; however, homes are selling faster. The lowest sales price in Armour Hills so far this year is $238,000 and the highest is $515,000. Currently there are six active listings in Armour Hills, with a median list price of $299,950 and 8 days on market. This is a good opportunity to live in Armour Hills for under $300K if you are willing to do a little fix up work!
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 