Well neighbors, the Armour Hills subdivision in Brookside hit a record last month for the highest recorded sale of a single family home. Hard to believe, but someone paid $130,000 over the list price! How crazy is that? Let’s look at the numbers:
May 2021 May 2020
Median list price: $365,000 $352,000
Median sales price: $363,000 $352,500
No. sold: 9 16
Days on market: 2 4
The lowest sold price last month was $300K, and the highest was $605,000 on a $475,000 list price. It was a beautiful house–a record high closing price for Armour Hills. Here are the year-to-date numbers:
Jan-May 2021 Jan-May 2020
Median list price: $367,450 $349,900
Median sales price: $379,950 $342,500
No. of homes sold: 26 29
Days on market: 2 10
Home values have increased in Armour Hills almost 11% year to date compared to last year. Currently there are four listings in the area, with a median price of $354,450 and 23 days on market.
HAVE A HAPPY AND SAFE JULY 4 HOLIDAY!!!!
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)