Home sales are definitely slowing down in Brookside as we head towards the end of the year; however, prices are still rising–just not quite as much as earlier in 2022. Let’s take a look at single family home sales for last month in Brookside, using the main zip code of 64113 for the stats:
| November 2022 | November 2021 | |
|---|---|---|
| Median list price: | $475,000 | $425,000 |
| Median sales price: | $472,500 | $425,000 |
| Days on market: | 8 | 4 |
| No. of homes sold: | 19 | 31 |
The lowest closed price last month was $200K and the highest was $1,055,000–which was over the asking price. Fewer homes sold compared to November 2021 and the median price was just under list price. Here are the year-to-date figures:
| Jan-Nov 2022 | Jan-Nov 2021 | |
|---|---|---|
| Median list price: | $492,450 | $467,725 |
| Median sales price: | $500,000 | $475,000 |
| Days on market: | 3 | 3 |
| No. of homes sold: | 272 | 310 |
For the year, most homes have been selling over the asking price and go under contract in a very short amount of time. Sales have slowed–12% fewer homes have sold this year so far. There is still a shortage of updated homes priced under $350K in Brookside–those days may be gone forever! Currently there are 15 active listings, with a median list price of $565,000. Most of the homes are priced over $500K, with three homes over $1,000,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 