If you know someone trying to purchase a home in Brookside…you’ve probably heard stories about how just trying to look at a new listing can be all consuming! These Brookside home sales stats for March 2021 show again how frenzied this market is for buyers. I’ve researched single family home sales that closed last month, using the main Brookside zip code of 64113:
March 2021 March 2020
Median list price: $427,400 $350,000
Median sales price: $430,000 $345,000
No. of homes sold: 26 15
Days on market: 2 15
Home values are up 24% compared to last March; about twice as many homes closed. Those new listings went under contract within 48 hours. Wow! Last month there were nine sales over $500K in Brookside, and one $1.185 million closed sale.
Here are the year-to-date numbers:
Jan-March 2021 Jan-March 2020
Median list price: $427,400 $350,000
Median sales price: $430,000 $345,000
No. of homes sold: 26 15
Days on market: 2 15
That’s a double digit increase in home prices from same period last year–14%! Buyers are consistently paying over list price for houses. I don’t know when the bidding wars will end–there is just so much demand. Currently there are just ten homes listing in Brookside, with a median price of $514,975 and eight days on market. Six homes are priced at or over $500K, four of those are well over one million dollars.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)