Neighbors, in this month’s report, we see the affect rising interest rates are having in our area: median sold prices are lower and some homes stay on the market longer. However, for the year, home values have risen in Brookside! Let’s take a look at the specific numbers; I’m pulling these stats based on sales in the main Brookside zip code of 64113:
| September 2022 | September 2021 | |
|---|---|---|
| Median list price: | $439,900 | $484,900 |
| Median sales price: | $437,900 | $480,000 |
| No. homes sold: | 25 | 25 |
| Days on market: | 19 | 4 |
The lowest closed price last month was $315,000 and the highest was $1.7 million. We had two million dollar+ sales last month. Median sales price was just under list price; compared to the same period last year, prices fell 8.7%. Here are the year-to-date numbers:
| Jan-Sept 2022 | Jan-Sept 2021 | |
|---|---|---|
| Median list price: | $489,700 | $475,000 |
| Median sales price: | $500,000 | $482,763 |
| No. homes sold: | 236 | 252 |
| Days on market: | 3 | 3 |
So far this year, prices are up 3.5% over 2021, and although fewer homes have closed, sales prices are ahead of last year. Currently there are 30 single family homes for sale in Brookside, with a median list price of $512,450 and 27 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 