Another year of home sales in Armour Hills and I’m ready to report the specifics! Closed prices were off last month compared to December 2021; overall though, Armour Hills is still one of the most popular Brookside subdivisions for homebuyers! Let’s look at the specifics:
| December 2022 | December 2021 | |
|---|---|---|
| Median list price: | $385,000 | $394,950 |
| Median sales price: | $365,000 | $394,500 |
| Days on market: | 3 | 45 |
| No. of homes sold: | 9 | 3 |
The lowest closed price last month was $290,000 and the highest was $477,000. The median price was down 7% compared to a year ago. Below, let’s take a look at sales numbers from the past five years:
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Median list price: | $399,000 | $365,000 | $345,000 | $339,450 | $315,000 |
| Median sales price: | $427,000 | $380,000 | $344,000 | $340,000 | $315,000 |
| Days on market: | 3 | 3 | 7 | 21 | 9 |
| No. of homes sold: | 84 | 70 | 99 | 82 | 80 |
The trend is…higher prices! Since 2018, the median sales price for an Armour Hills house has risen 35%! Last year, buyers paid about 7% over the list price. The number of homes that changes owners each year is pretty consistent. This neighborhood is always one of the most popular for buyers looking in Brookside, and I don’t see that changing.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 