I am late in posting about Brookside home sales for the month of February 2015–it’s already April! Today we’ll examine stats for the Armour Hill subdivision; next week I will publish information on the Brookside zip code of 64113 and the Waldo area. Armour Hills is the largest subdivision in Brookside, with just over 1000 homes.
In February 2015, two homes sold with a median sales price of $232,000 and 48 days on market. The median list price was $242,500.
In February 2014, three homes sold with a median sales price of $228,500 and 28 days on market. The median list price was $239,500.
So far in 2015, six homes have sold with a median sales price of $232,000 and a median list price of $242,450 with 26 days on market.
For the first two months of 2014, seven homes had sold with a median sales price of $232,500 and a median list price of $239,500 with 14 days on market.
The difference in sales price amounts to a 1.5% increase compared to last February. Year to date, compared to 2014, there is an insignificant difference in final sales price; however, homes are sitting on the market longer before an offer is accepted. That is normal for the colder weather months, and for homes that may need some updating.
Right now we have 10 homes for sale in Armour Hills, with a median sales price of $260,000 and 29 days on market. (All stats taken from Heartland MLS; deemed reliable but not guaranteed)