Home sales are slowing down as the holidays get closer–very typical trend for the housing market. Right now in Brookside, more than half the homes for sale are priced over $500,000–several over one million dollars. Let’s check the numbers for single family home sales, using the main Brookside zip code of 64113:
October 2019 October 2018
Median list price: $357,450 Median list price: $429,000
Median sales price: $346,500 Median sales price: $430,000
No. of homes sold: 20 No. of homes sold: 26
Days on market: 24 Days on market: 3
That’s quite a drop in the median sales price but remember, we have such a huge range of prices in Brookside, when more expensive homes sell, the median price rises. The highest closed sale last month was $911,500 and the lowest was $248,400.
Here are the year-to-date stats:
Jan-Oct 2019 Jan-Oct 2018
Median list price: $385,000 Median list price: $399,975
Median sales price: $376,000 Median sales price: $394,500
No. of homes sold: 255 No. of homes sold: 250
Days on market: 21 Days on market: 15
Overall, median prices have dropped 4.6% compared to this time last year, however I think the year end totals will show an increase overall. There are 36 active single family listings in Brookside, with a median list price of $527,000 and 58 days on market. Most of the homes are priced at $500K or above; ten are over $1,000,000. The most expensive listing is $7.7 million on the 1200 block of W 55th St–comes with a huge estate lot, a tennis court and pool..oh if only the walls could tell stories about that place!
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)