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.)