Brookside home sales last month were pretty consistent with a year ago; prices were up and a similar number of homes closed. Let’s look at the details; I’m using the main Brookside zip code of 64113 for these stats:
| February 2023 | february 2022 | |
|---|---|---|
| Median list price: | $650,000 | $550,350 |
| Median sales price: | $650,000 | $538,575 |
| Days on market: | 3 | 54 |
| No. of homes sold: | 13 | 16 |
Although the median sales price jumped way up, note that we had two million dollar plus sales last month, and so many homes in Brookside now are priced over $500K. The days on market were shorter; some houses sit on the market for weeks due to over-pricing, condition, etc. The lowest closed price last month was $265K and the highest was $1.5 million. Below are the year-to-date numbers:
| Jan-Feb 2023 | Jan-Feb 2022 | |
|---|---|---|
| Median list price: | $525,000 | $570,800 |
| Median sales price: | $530,000 | $550,000 |
| Days on market: | 43 | 46 |
| No. of homes sold: | 29 | 29 |
Although we have a lower median sales price compared to a year ago; many buyers are paying list price or above for homes. The same number of homes closed–interesting because in early 2022, interest rates were around 3%; today they are at least double that amount. Buyers are getting used to these rates and although it does affect what they can afford, they are just dealing with it.
Currently there are 13 homes for sale in Brookside, with a median price of $600K and 18 days on the market. Four of the 13 homes are over one million; over half the homes are priced over $500K.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 