Sales are strong and steady in Armour Hills, as usual. Last month, prices were up compared to a year ago but not buy much. Let’s take a look at the numbers:
| august 2023 | august 2022 | |
|---|---|---|
| Median list price: | $425,000 | $425,000 |
| Median sales price: | $430,000 | $425,000 |
| No. of homes sold: | 2 | 3 |
| Days on market: | 9 | 7 |
Compared to August 2022, home values were up just over 1% and a couple of more homes changed owners. Last month there were several homes that closed anywhere from $10K to $50K over the list price–still so much demand for our charming neighborhood! Here are the year-to-date stats:
| jan-aug 2023 | jan-aug 2022 | |
|---|---|---|
| Median list price: | $425,000 | $399,000 |
| Median sales price: | $441,000 | $420,000 |
| No. of homes sold: | 2 | 2 |
| Days on market: | 51 | 55 |
So far this year, prices are up 5% over 2022, and buyers are paying almost 4% over the list price. Just a few less sales compared to a year ago. Sales in Armour Hills are steady despite the 7%+ interest rates! Currently there is just one house for sale in Armour Hills, priced at $549,000 and 4 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 