Some interesting home sales statistics to report for Armour Hills in Brookside today–I am blogging information for September 2014 and year to date figures. Although we are in the typically slower season for home sales (after the spring/summer rush)– some new listings are going under contract very quickly. Let’s look at the numbers:
In September 2014, six homes sold with a median sales price of $272,000 and 4 days on market. The median list price was $275,000. The difference between list and sales price was just a bit over 1%. Three of the six homes we under contract within a day or two of hitting the market. What does this mean? There are buyers who are ready to buy now, if the house is well priced and move-in ready. It’s obvious these buyers were ready to jump on any new listing that fit their criteria. (In addition, we had our highest Armour Hills sale so far this year, at an eye popping $474,000-cash!).
In September 2013, five homes sold with a median sales price of $258,000 and 4 days on market. The median list price was $ 272,000. Again, three of the five homes were under contract within a day of going up for sale.
Now let’s compare year-to-date figures:
For the first nine months of 2014, 49 homes sold with a median price of $243,000 and 28 days on market.
For the first nine months of 2013, 62 homes sold with a median price of $250,000 and 20 days on the market.
We see a slip in average sales price and fewer numbers of homes selling in YTD numbers.
Currently there are 18 homes for sale in Armour Hills, at a median price of $225,000. The lowest list price at $160,000 and the highest at $375,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed)