I’m a little late posting these stats for Armour Hills…have been busy and now looking forward to a long, easy holiday weekend! However, some interesting buyer activity in May for Armour Hills–you won’t believe how much one buyer went over the asking price to win in a bidding war! Details below:
| may 2025 | may 2024 | |
|---|---|---|
| Median list price: | $472,500 | $397,000 |
| Median sales price: | $510,000 | $400,000 |
| No. of homes sold: | 5 | 4 |
| Days on market: | 2 | 2 |
Home values were up 27.5% compared to last May…every single house closed over the list price. The largest variance was this: $539,000 sales price; buyer paid $650,000 cash. That’s $111,000 over the asking price! Even so, the highest closed price last month was even higher that $650K–it was $740,000. Here are the year-to-date numbers:
| jan-may 2025 | jan-may 2024 | |
|---|---|---|
| Median list price: | $471,250 | $434,343 |
| Median sales price: | $471,250 | $447,000 |
| No. of homes sold: | 26 | 23 |
| Days on market: | 3 | 3 |
Home values are up a healthy 5% for the year so far, and most homes go under contract very quickly. The number of homes changing owners remains steady. However, there are currently 7 homes for sale in Armour Hills with a median list price of $495,000 and 18 days on market–a few more on the market at the same time as usual. Everyone–have a safe and happy Fourth of July holiday!
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 