Time to check home sales stats in Brookside for August 2016.  Numbers show a drop in value compared to one year ago…but if you are a Brookside homeowner, you’ll like the year-to-date comparisons!

Here is the single family home sales report for Brookside (zip code 64113) for August 2016, and comparisons to last year:

August  2016

Median list price:               $328,900

Median sales price:           $322,000

Average days on market:     13

Number of homes sold:        30

(Lowest sales price was $225,000; highest sales price was $$835,000.)

The lower priced homes ($400K and less) sell faster and are in high demand.  See the low days on market figure (13)?  That means last month a home was under contract within two weeks of list date.  Higher priced homes, especially over $700K–tend to sit on the market longer.

August  2015

Median list price:                $382,000

Median sales price:            $363,750

Average days on  market:      27

Number of homes sold:          30

Higher median price one year ago…means more higher priced homes sold last August.

Now let’s check year to date figures:

2016, January to August

Median list price:         $359,500

Median sales price:     $353,000

221 homes sold; average 34 days on market.

2015, January to August

Median list price:         $325,000

Median sales price:     $325,000

246 homes sold; average 38 days on market

Brookside home values are up 8.6% YTD compared to 2015!

Currently there are 49 active single family listings in the Brookside zip code of 64113; about one half of those (23) are priced over $500,000.  The median list price is $489,950.

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