Armour Hills Home Sales Report-February 2022

I’m posting this last blog about February home sales stats … just a few days in to April! Prices on the rise and higher than last year at this time…same story! These numbers reflect home sales in the Armour Hills subdivision in Brookside:

February 2022February 2021
Median list price:$407,000$335,000
Median sales price:$395,000$358,775
No. homes sold: 4 5
Days on market: 86 2

The median sales price increased 10% over last February. Note the longer days on market figure–that is because there is one house in Armour Hills that sat on the market 213 days before going under contract.

Here are the year-to-date numbers:

Jan-Feb 2022Jan-Feb 2021
Median list price: $415,000 $347,000
Median sales price: $420,000 $361,000
No. homes sold: 7 8
Days on market: 17 2

Compared to the same period last year, home values are up16% in 2022. And most buyers pay at or over the list price. The lowest closed price so far is $330K; the highest is $535K. As of this posting, there are no homes for sale in Armour Hills. The homes that were listed in the past week are all under contract.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)