Brookside Home Prices Up Over 10% in 2015

Here we go, Brookside neighbors….a recap of 2015 home sales for our area.  The good news? Prices are up.  The bad news? Not much desireable  inventory in the critical $225-325K price range.   I am reporting closed single family home sales for the Brookside zip code of 64113:  

In 2015:

* 342 homes sold.

* The median list price was $337,750; the median sales price was $309,475.

* Average days on market:  39.  

*Seven homes sold for over $1 million. Highest sales price was a $1.8 million home on West Meyer Blvd.    

*53 homes sold for over $500K.

In 2014:

*289 homes sold.

*The median list price was $307,000; median sales price was $295,000.

*Average days on market:  41

*Two homes sold over $1 million.

*42 homes sold for over $500K.

These number show us that prices are going up, and more homes are selling.  The days on market are virtually the same (days on market is how long a home sits before going under contract).  Upper bracket buyers (for homes $500K and up) were more active in 2015 than the previous year. 

Now let’s look at a few more figures to show trending home prices.  Below are the median sales prices for each year and how many units sold:

2013:  $295,000 median sales price; 307 homes sold.

2012:  $277,000 median sales price; 296 homes sold.

2011:  $249,000 median sales price; 210 homes sold.

In 2015, prices increased in Brookside 11% over the previous year.

Since 2011, we’ve seen a 32% increase in prices in our neighborhood!!!  

We continue to have a thriving, desirable location for buyers of all price ranges  here in Brookside. For those sellers who maintain their properties, keep them updated and move in ready–expect to have a quick sale, especially in the $225-$300K price range. Lower priced homes that need a lot of updating and repair also go under contract quickly–they are ‘flipped’ by investors.

Need more detailed information about home sales in your area?  Contact me at

(all stats taken from Heartland MLS; deemed reliable but not guaranteed.)

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