Brookside Home Sales Report-Oct 2019

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.)    

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