Brookside Home Sales Report-Aug 2016

As we get into the second half of the year…the home buying market starts slowing down.  Sales have been  strong this year in Brookside (list price under $450K); there is still demand, but most of the inventory is priced well over $500K.  Here is the August  2017 Brookside single family home sales report, using stats from zip code 64113:
Aug 2017
Median list price:        $376,500

Median sales price:    $358,000

Number of homes sold:    24

Days on market:               37
The lowest closed price was $235,000 and the highest was $770,000.
Aug 2016
Median list price:        $328,900

Median sales price:    $322,000

Number of homes sold:   30

Days on market:              13
Sales prices are up 11% compared to last August.  Checking year-to-date figures:
Jan-Aug 2017
Median list price:        $379,995

Median sales price:    $365,000

Number of homes sold:  209

Days on market:              19
Jan-Aug  2016
Median list price:         $357,250

Median sales price:     $351,500

Number of homes sold:   223

Days on market:               34
Year to date, home prices are up 3.8% and going under contract faster than 2016.  Currently, there are 47 homes for sale in Brookside, with a median list price of $589,000.  Over half of the homes on the market are listed over $500,000, pushing that median price way up.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

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