Just a couple of days late in getting this final May home sales report published for Armour Hills as we are already into July! Happy birthday USA!
| MAY 2024 | MAY 2023 | |
|---|---|---|
| Median list price: | $397,000 | $487,500 |
| Median sales price: | $400,000 | $526,500 |
| Days on market: | 2 | 3 |
| No. of homes sold: | 4 | 4 |
The first thing to notice here is the median sales price was 24% lower than May 2023; the same number of homes sold; however, that’s a big drop. The lowest closed price was $380K and the highest was $447K. However, check this out: three of the four homes that sold went over asking price by at least $20,000. Here are the year-to-date numbers:
| JAN-MAY 2024 | JAN-MAY 2023 | |
|---|---|---|
| Median list price: | $434,343 | $395,000 |
| Median sales price: | $447,000 | $417,000 |
| Days on market: | 3 | 5 |
| No. of homes sold: | 23 | 21 |
As is usual now, buyers still paying over the list price for most properties; YTD about 2.8%. Values are up 7.19% for the year; approximately the same number of homes changing owners. Currently there are four homes for sale in Armour Hills; the median list price is $428,500 and 26 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 