We are halfway through the year and Brookside home sales continue to be very strong, especially in the under $500K price range. Inventory is generally lower than last year. Here is the single family home sales report for last month, and a YTD comparison for the main Brookside zip code of 64113:
June 2018 June 2017
Median list price: $410,000 Median list price: $372,000
Median sales price: $395,000 Median sales price: $367,500
No. of homes sold: 39 No. of homes sold: 40
Days on market: 19 Days on market: 20
The lowest closed sales price last month was $165,375 and the highest was $1.2 million.
Below is year-to-date comparisons:
Jan-June 2018 Jan-June 2017
Median list price: $399,900 Median list price: $375,000
Median sales price: $390,000 Median sales price: $360,000
No. of homes sold: 141 No. of homes sold: 157
Days on market: 14 Days on market: 20
The lowest sales price so far in 2018 was $168,500 and the highest was $1.6 million. Median home prices are up 8% compared to last year! Will prices drop the second half of the year, when sales traditionally slow down? Watch this space for the monthly numbers!
Currently there are 61 active single family home listings in Brookside, with half of those priced over $500K; nine listings over $1million. Median price is $565,000 and 39 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)