The stats for Armour Hills in this report reflect what you may have heard is going on with the home buying market: fewer sales, prices dropping. Yet overall, Brookside home values are still holding strong! Let’s take a look at the numbers:
| JULY 2024 | JULY 2023 | |
|---|---|---|
| Median list price: | $425,000 | $425,000 |
| Median sales price: | $447,500 | $501,280 |
| Days on market: | 8 | 2 |
| No. of homes sold: | 6 | 15 |
Compared to July 2023, home prices were down about 12%, yet still most buyers paying over list price. Fewer homes sold last month as well. The lowest closed price was $400,000 and the highest was $535,000. Here are the year-to-date figures:
| JAN-JULY 2024 | JAN-JULY 2023 | |
|---|---|---|
| Median list price: | $432,122 | $425,000 |
| Median sales price: | $444,750 | $445,500 |
| Days on market: | 2 | 2 |
| No. of homes sold: | 34 | 42 |
These YTD stats show us that Armour Hills home values are holding steady; the number of homes changing owners down a bit but most homes still go under contract quickly and often over list price. Currently there are 4 active listings, with a median list price of $382,500 and 44 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 
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