Interesting home sales stats for the Armour Hills subdivision last month, and year to date comparisons. Armour Hills remains a very popular area for homebuyers, due to it’s charming 1920s homes, various price range and styles and location near Brookside and Waldo shops. First let’s look at the monthly figures:
April 2018 April 2017
Median list price: $318,500 Median list price: $299,950
Median sales price: $339,500 Median sales price: $310,000
No. of homes sold: 8 No. of homes sold: 6
Days on market: 6 Days on market: 13
Both months show final sales price over list price, and homes going under contract in less than two weeks. Last month, five homes sold over asking price; one was $38K over and another was $31K over…almost unbelievable, but I see this same thing happening in other parts of the metro area. Compared to April 2017, prices are up 9.5%.
Jan-April 2018 Jan-April 2017
Median list price: $300,000 Median list price: $314,750
Median sales price: $300,000 Median sales price; $312,250
No. of homes sold: 21 No. of homes sold: 20
Days on market: 7 Days on market: 16
Year to date, prices are down just under 4%. However, note that so far this year, homeowners are getting asking price or over, for the most part. It’s definitely a strong market favoring sellers. Currently there are 8 homes listed in Armour Hills, with a median price of $342,000 and 31 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Father John Spicer, Rector, at St Andrew’s, has been watching the construction go on the past several months. He’s so excited about the new space, and eager to show it off to the Brookside/Waldo residents. As he explained to me, “We want this building to be a place of intersection between the church and the community.” St Andrew’s Youth Ministry will meet here, along with Boy Scout Troup 16 (here for more than 90 years!). Other groups are welcome: community meetings, business associations, classes for couples and parenting, financial seminars. Special events like wedding receptions, anniversary and birthday parties can be hosted in the space; there is a catering prep space/kitchen (alcohol permitted) and there will be a staffed coffee/snack bar with a special Roasterie Blend coffee named for the church. So if you are weary of working from home, or need a break while walking the trail, stop in the lobby of HJ’s, grab a beverage and relax on the patio!
Our locally owned Brookside/Waldo shops are so generous in giving back to our community. They donate gift cards to school fundraisers, host fundraising events for local organizations and really go beyond the usual grind of being an independent shop to actively helping others who need it.
Inside Brookside (And Waldo) 