How many new neighbors will we have in Armour Hills in 2015? Seventy homes changed owners last year. Let’s see how many homes closed last month in Armour Hills, and check the values:
In January 2015, four homes sold with a median sales price of $210,000 and 23 days on market. The median list price was $210,000. Three of the four homes sold were at list price, the fourth was just $500 under list.
In January 2014, four homes sold with a median sales price of $232,500 and 10 days on market. The median list price was $235,000.
I am not concerned about the drop in median sales price from one year ago--notice the homes that sold were at full price! January is traditionally a slow month for home sales. There are plenty of buyers out there looking--open house traffic in Armour Hills is very strong, despite the cold weather! I don't anticipate a large drop in home values this year.
Right now we have ten homes for sale in Armour Hills, with a median list price of $259,950 and average of 9 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed)
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