It’s the beginning of a new year and home buyers are out, ready to see fresh inventory in the housing market. 2017 was a strong year for Brookside home sales–median prices were up 10.2% over 2016. Let’s see what the market did last month–I’m using the Brookside zip code of 64113 to check single family home sales.
January 2018 January 2017
Median list price: $429,450 Median list price: $395,000
Median sales price: $416,250 Median sales price: $388,500
Days on market: 37 Days on market: 36
No. of homes sold: 17 No. of homes sold: 13
The 2018 median sales price was far ahead of 2017; however more expensive homes sold last month–highest sale was $1.6 million and lowest was $185,000.
Because January is the first month of the year to track stats, there are no YTD comparisons yet…those figures will be reported next month.
Currently there are 25 active listings in Brookside, with a median price of $615,000 and 55 days on market. Note that only five homes are priced under $350K–the sweet spot for most Brookside homebuyers. Six homes are priced over $1 million.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)