Brookside Home Sales – November 2014

For the November Brookside homes sales report…fewer than half the number of homes sold last month as compared to October 2013.  However, not an unusual stat for this time of year!  Let’s examine Brookside single family home sales for the month of November 2014 with a comparison to last year, as well as year-to-date figures.  I am using sales from the main Brookside zip code of 64113:

In November 2014, 9 homes sold (compared to 25 in October).  Median list price was $299,950, and median sales price was $287,000 with an average of 34 days on  market.  The lowest priced home sold  was $117,000 and the highest was $635,000.  

In November 2013, 14 homes sold.  The  median list price was $235,000 and the median sales price was $228,000 with 35 days on market.  

Fewer homes sold, but median price was way up.  This tells us  more expensive homes closed–which coincides with the lack of inventory for the buyers in the $200-$250 price range.   

Looking at year to date figures:

From Jan – November 2014, 263 homes have sold at a median sales price of $306,000 and 39 days on market.

From Jan – November 2013, 270 homes sold at a median sales price of $300,000 and 42 days on market.  

This year is trending to be similar to 2013 home sales, with about the same number of homes sold but a higher sales price.  Good news for homeowners–and, yes, buyers as well.  They know they are investing in a neighborhood that has an upward trend of home equity growth!  

Currently there are 68 single family homes for sale in the Brookside zip code of 64113 with a median list  price of $379,950 and 105 days on market.  The lowest priced home is at $170,000 and the highest price is the house at 5650 Ward Parkway, built for Tom Pendergast, at $4.45 million.    (All figures taken from Heartland MLS and deemed reliable but not guaranteed).

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