Brookside Home Sales Report-Oct 2020

Brookside had several high priced homes close last month! One of the charms of this area is there are a wide range of home prices and sizes. You can purchase a 5000 SF home or one under 1500 SF. Of course, most buyers want a more moderately priced property and there just isn’t enough of those to meet demand. Let’s look at the numbers; I am showing figures for single family home sales in the main Brookside zip code of 64113:

October 2020October 2019
Median list price: $489,000 $357,450
Median sales price: $492,450$346,500
No. of homes sold: 34 20
Days on market: 22 24

That is quite an increase in the median sales price over last October–up 42%! However, as I mentioned, many higher priced homes closed last month. Almost half sold at over $500K, including four homes over one million dollars. The highest closed price was just over $1.6 million cash. That’s unusual for our area–so many upper end properties closing in the same month. Year-to date numbers show a healthy increase over last year:

Jan-Oct 2020Jan-Oct 2019
Median list price: $412,500$385,000
Median sales price: $410,000$376,000
No. of homes sold: 264 255
Days on market: 8 21

Home values are up 9% compared to last year; a few more houses have sold and in a shorter amount of time. The lowest sales price so far this year is $198,500 and the highest is $2.6 million. Currently there are 26 single family homes for sale in Brookside, with a median list price of $712,000. Over half of the homes listed are priced over $500K; eight are over $1 million dollars.

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

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