Fellow Brooksiders, our home values continue to rise this year! Average sales price is up about 5% from 2012. Let’s check the numbers for March 2013 single family home sales in the main Brookside zip code of 64113:
In March 2013, 32 homes sold. The average list price was $361,795 and the average sales price was $343,247. Average days on market: 108.
In March 2012, 20 homes sold. The average list price was $315,270 and the average sales price was $302,685. Average days on market: 113.
The average sales price jumped quite a bit compared to last year; also, more homes sold. Days on market were relatively the same.
Let’s compare year-to-date figures:
In the first three months of 2013, 62 homes sold with an average sales price of $324,979 and 86 days on market.
In the first three months of 2012, 40 homes sold with an average sales price of $310,709 and 105 days on market.
More homes are selling, at a higher average price, and in a shorter amount of time.
Currently there are 70 single family homes for sale in zip 64113, with an average price of $720,069 and 95 days on market. The average list price is high because 31 homes are priced over $500K, and ten of the 31 are priced over $1million. The highest priced home for sale right now is at 5550 Ward Parkway at $5.195 million. These figures show us that the moderately priced homes are selling quicker, while the more expensive homes tend to sit on the market longer. Having so many high priced homes for sale pushes up the average sales price.
If you would like specific sales numbers for your neighborhood, email me for a report tailored to your area!
(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)