Hi neighbors! Here are Armour Hills home sales statistics for January 2012, followed by the stats from January 2011 for comparison.
In January 2012, two homes sold. The lowest sales price was $210,000 and the highest sales price was $220,000. Average list price was $224,500; average sales price was $215,000. Average days on market: 43.
In January 2011, one home sold. That home was listed at $145,000 and sold at $146,770. It was on the market for 158 days..
As of this writing, there are 17 homes for sale in Armour Hills, an average list price of $238,106 and an average of 171 days on market. That is quite a bit of inventory and a long time on the market. These homes are not selling for various reasons: overpriced, something unusual about location or floorplan, or they need updating. As we get into the warmer weather, more sales and listings will happen.
If you are thinking of listing your home this spring, email me if you would like more information on your particular area!
(All figures taken from Heartland MLS, deemed reliable but not guaranteed)
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