Hi neighbors! Here are Armour Hills home sales statistics for February 2012, followed by the stats from February 2011 for comparison.
In February 2012, one home sold. It sold for list price, $195,000. It was a total rehab project., and sold in about seven days.
In February 2011, two homes sold. One sold at $152,000 and the other at $250,000. Average days on market for these two homes was 335.
As of this writing, there are 19 homes for sale in Armour Hills, with an average list price of $237,995. That is quite a bit of inventory...however, we have seen some quick sales the past few weeks that have not closed yet. Overall, buyers are out and looking for properties to buy, I am encouraged by all the activity! In our office, our sales volume for February 2012 compared to February 2011. A good trend!
If you are thinking of listing your home this spring, email me if you would like more information on your particular area. I’m happy to send you comparable properties for reference!
(All statistics taken from Heartland MLS; deemed reliable but not guaranteed)
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