Here we are, midway through the year, and Brookside homes are still in strong demand for homebuyers, especially those under $500,000. Let’s look at single family home sales in the Brookside zip code of 64113 for the month of June 2017:
June 2017
Median list price: $372,000
Median sales price: $367,500
No. of homes sold: 40
Days on market: 20
The lowest sales price was $168,500 and there were two sales over $1,000,000. Checking last year stats:
June 2016
Median list price: $344,250
Median sales price: $342,000
No. of homes sold: 42
Days on market: 37
Now let’s look at year to date figures:
Jan-June 2017
Median list price: $375,000
Median sales price: $360,000
No. of homes sold: 159
Days on market: 18
Jan-June 2016
Median list price: $369,000
Median sales price: $364,500
No. of homes sold: 166
Days on market: 41
Technically, the year to date figures show a slight decrease in the median price compared to one year ago but that hasn’t been the usual pattern this year. Prices are generally higher than 2016. Note the June comparisons show a 7.4% price increase compared to same time last year. The demand is for homes priced below $500K, especially the $250-$400 range.
Currently there are 42 homes for sale in the Brookside zip code of 64113. However, the median list price is $612,450. Over half – 25 homes – are priced over $500,000. The higher priced homes sit on the market longer and push up the median price. The lowest priced home is $210,000 and the highest is $2.5 million.
(All figures taken from Heartland MLS; deemed reliable but not guaranteed.)