Quite a few homes closed in Armour Hills last month--our subdivision continues to be one of the most desirable neighborhoods in Brookside! Below are the stats and year-to-date comparisons:
August 2018 August 2017
Median list price: $327,450 Median list price: $285,000
Median sales price: $322,500 Median sales price: $285,000
No. of homes sold: 10 No. of homes sold: 11
Days on market: 22 Days on market: 19
It's unusual for there to be such a large difference in the YTD sales price--over $37,500--however last August, more of the lower priced AH homes closed. The lowest price last month was $217,500 and the highest was $370,000.
Now for year-to-date numbers:
Jan-Aug 2018 Jan-Aug 2017
Median list price: $315,000 Median list price: $315,000
Median sales price: $320,000 Median sales price: $312,500
No. of homes sold: 55 No. of homes sold: 71
Days on market: 10 Days on market: 7
Home values are up 1.5% over last year at this time and fewer homes have sold--the days on market are about the same. Note actual sales prices are over list price for the year--indicating strong buyer interest and multiple offer situations.
Currently there are six homes for sale in Armour Hills, with a median list price of $394,950 and 53 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)