Time to once again report home sales for Armour Hills, and the trend here follows Brookside and Waldo: homes sell quickly and often for over list price. Let’s take a look at the numbers:
| july 2023 | july 2022 | |
|---|---|---|
| Median list price: | $425,000 | $399,000 |
| Median sales price: | $451,000 | $410,000 |
| No. of homes sold: | 2 | 10 |
| Days on market: | 15 | 5 |
Final closed prices were 6% over list price last month, and values up 10% from July 2022. Interesting stat: the highest home sale was $720,000, which was $100,100 over the list price!! Here are the YTD figures:
| jan-july 2023 | jan-july 2022 | |
|---|---|---|
| Median list price: | $425,000 | $397,000 |
| Median sales price: | $445,000 | $419,000 |
| No. of homes sold: | 42 | 48 |
| Days on market: | 2 | 2 |
So far this year, Armour Hills home prices are running 6.3% over 2022; the number of homes changing owners is slightly down. Currently there is one listing in Armour Hills, on the market for 17 days at a price of $430,000. Contact me if you would like more specifics on home sales in our area–and enjoy our long holiday weekend!
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 