Brookside Home Sales Report-Feb 2020

This is my first blog post in several days, and since then the Corona virus has taken over our everyday lives.  I plan to continue to post home sales stats; as far as reporting on new businesses and events in the Brookside/Waldo area–that news is on hold, since most of it right now consists of shops and restaurants shutting down.  I know our neighbors and residents will support our local businesses as much as possible as we get through this day to day.  Please patronize CurbsideKC !  Here are the February home sales stats for Brookside, using the zip code 64113 for stats:

February 2020                                                  February 2019

Median list price:       $359,975                        $374,999

Median sales price:   $354,500                         $355,000

No. of homes sold:             16                                 13

Days on market:                 43                                 76

Closed sales prices were virtually unchanged from a year ago, and a few more homes sold.  Now let’s compare year-to-date figures:

Jan-Feb 2020                                                         Jan-Feb 2019

Median list price:          $369,900                          $374,999

Median sales price:      $370,000                           $355,000

No. of homes sold:          23                                         23

Days on market:             44                                          76

So far this year, sellers are getting very close to asking price — and we are still seeing multiple offers on some properties.  That may change as the economy continues to slide downward.  Currently there are 24 active single family homes for sale in Brookside, with a median list price of $527,500 and 37 days on market. Six homes are priced over one million dollars; half are over $500.,000.

In the upcoming weeks, the sales numbers will reflect any big changes in the market and I will report my thoughts as well!

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

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