Armour Hills Home Stats-June 2016

Armour Hills….one of the best subdivisions in Brookside!  Of course, I am a bit partial because I live in Armour Hills.  However, check out these home sales stats for June 2016–buyers are snapping up homes here in a hot market that favors sellers:  

June   2016:                                                          June  2015:

Median list price:      $279,000                       Median list price:        $285,000

Median sales price:  $281,000                        Median sales price:    $283,000

Number of homes sold:  11                             Number of homes sold: 11

Days on market:            3                                   Days on market:             5

Of the eleven homes that closed last month, seven sold at or above list price.

Checking year to date figures:

2016, Jan-June:                                                          2015, Jan-June:

Median list price:      $277,000                             Median list price:      $262,500                      

Median sales price:  $274,750                              Median sales price:  $263,500

Number of homes sold:  38                                   Number of homes sold: 46

Although fewer homes are selling…that is due to lack of inventory.  There is plenty of demand. You can see the median price is up yet again!   Currently there are five homes for sale in Armour Hills, with a median list price of $279,950 and  19 days on market.

(All figures taken from Heartland MLS; deemed reliable but not guaranteed)

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