Armour Hills Home Sales Statistics

It’s been a while since I posted home sales stats for Armour Hills in Brookside…so here we go:

As of today, there are 36 homes for sale, ranging in price from $134,900 to $469,950. Averages days on market for these homes is 81; average listing price is $234,800. 

Since May, 18 homes have sold in Armour Hills; the average price was $224,800.  Looking at these stats, final sales price for an Armour Hills listing is about $10K below asking..and this doesn’t include any seller paid closing costs or repairs.

As we get into the dog days of August and back to school hoopla, showings have slowed down.  There seem to be very few serious buyers out there right now.  There are buyers who  want to ‘look around and see what’s out there’, and there are the usual buyers who want to see everything available, expecting  to find the perfect house for a bargain price.

 Right now is such a great time to buy because of the low interest rates–with a good credit score and down payment, I’ve seen rates quoted at below 4.5%!

One day the housing market will start looking better…and the key to the jumpstart is JOBS.

Low Priced Duplex for Sale in Brookside

OK so I’ve been lax feeding the blog beast … a New Year’s resolution to do better!  Today I will do a little self promotion–and talk about my new duplex listing near St Peter’s.

This duplex is a great investment, particularly for a first time buyer.  Live on one side, and have the renter on the other side pay half your mortgage!  Each side features a living room, dining room, two bedrooms upstairs and a full bath.  The kitchen is original, but usable.  There are hardwood floors under the carpet.  Most of the windows have been replaced, the HVAC is newer, the garage is attached in the basement–and it’s not a steep driveway down to the garage–it’s a level entry.  Best of all, the current seller wants to stay on as a renter.  The vacant unit needs some updating: paint, a good cleaning and a usable stove.  Dedicate  a few hours of labor to fix it up and you’ll have a nice home in a good location:  620-622 E 63rd Terrace.  Best of all–the price is very reasonable–just $139,900!  Need some money for the fix up? There are loans that will lend you the money for a re-do with the mortgage. Below are a couple of pictures of the exterior–contact  me at 816 510 1262 or mary.hutchison@prukc.com for a personal tour!