It’s the last day of February, so I’m slipping in this last home sales report for last month-for Armour Hills. There are some similarities between this year’s January stats compared to last year–the one significant change was the median sales price dipped a bit from a year ago. I seriously doubt this is the start of a trend, though! Here are the numbers for Armour Hills home sales last month, one of the larger subdivisions in Brookside:
|January 2022||january 2021|
|Median list price||$450,000||$500,000|
|Median sales price||$475,000||$490,000|
|No. of homes sold||3||3|
|Days on market||2||3|
Although the median sales price was lower than a year ago, it was 5.5% over asking price. The same number of homes closed; and these homes went under contract even faster. The highest sales price last month was $420,000 and the highest was $493,000. Currently there is just one home for sale in Armour Hills, at a list price of $367,500.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)