Hello neighbors! As we hit the halfway mark of 2021, Armour Hills houses are still selling quickly; comparing the June numbers to last year–almost identical to June 2020 stats! Let’s take a closer look:

June 2021                                                                                 June 2020

Median list price:      $337,500                                                   $334,900

Median sales price:  $347,500                                                   $347,750

No. of homes sold:      8                                                                8

Days on market:          2                                                                 22

The stats for last month were just about identical to June 2020; most buyers are still paying over list price to secure a contract on a home. Days on market was much less this year; that is an indication of demand and that homes are priced right at market value–what a buyer is willing to pay. Below are the year-to-date numbers:

Jan-June 2021                                                                               Jan-June 2020

Median list price:      $365,000                                                   $349,900

Median sales price:    $367,450                                                 $342,500

No. of homes sold:     34                                                             37

Days on market:         2                                                                10

Compared to last year, home values in Armour Hills are up just over 7% YTD. The lowest closed price so far in 2021 is $212,000 and the highest is $605,000. Currently there are three active listings in Armour Hills, with a median list price of $425,000 and 26 days on market.

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