Another month of strong home sales for Brookside, as we are right in the middle of the busy Spring home buying season. The strongest demand is for the under $300K price range, however most homes in Brookside’s main zip code of 64113 are priced higher (and in fairness, these higher priced homes are much larger, justifying a higher price). Here are the stats, followed by YTD comparisons:
April 2018 April 2017
Median list price: $409,000 Median list price: $399,000
Median sales price: $397,000 Median sales price: $384,000
No. of homes sold: 21 No. of homes sold: 28
Days on market: 6 Days on market: 17
The lowest sales price last month was $221,000 (closed at $3K over list price) and the highest was $1.2 million.
Jan-April 2018 Jan-April 2017
Median list price: $404,900 Median list price: $399,000
Median sales price: $387,000 Median sales price: $393,461
No. of homes sold: 72 No. of homes sold: 79
Days on market: 16 Days on market: 34
Year to date, median prices have decreased just under 2% from last year, however, part of that decrease is due to the fact the higher priced homes ($500K+) rarely sell for list price. We’ve had four sales this year over $1 million. Currently there are 47 active listings in 64113, with just 15 of those homes priced under $400K; highest list price is $4.5 million. Median list price is $535,000 and 33 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)