I have some interesting stats to report regarding Brookside single family home sales this month, as you will see in the charts below. The median sales price is up compared to last year; however it’s not higher than the median list price. Let’s take a look–I’m using the main Brookside zip code of 64113 for these numbers:
| march 2023 | march 2022 | |
|---|---|---|
| Median list price: | $657,000 | $481,000 |
| Median sales price: | $650,000 | $512,500 |
| Days on market: | 12 | 2 |
| No. of homes sold: | 16 | 20 |
Home values rose 26.8% compared to March 2022; note that buyers generally paid within 1% of the list price and many homes sat on the market a little longer (12 days compared to 2 days a year ago). Ten of the 16 homes that closed were priced over $500K; there were 4 million dollar plus sales. The highest was $1.45 million for the very contemporary house at 65th and State Line. Let’s take a look at year-to-date numbers:
| jan-march 2023 | jan-march 2022 | |
|---|---|---|
| Median list price: | $550,000 | $500,000 |
| Median sales price: | $542,500 | $535,000 |
| Days on market: | 19 | 4 |
| No. of homes sold: | 45 | 49 |
The numbers of homes sold is about the same; the bidding wars aren’t quite as strong this year as you can see with the median sales price being lower than the median list price. And some homes are sitting on the market longer. Currently there are 18 single family homes listed in Brookside, with a median sales price of $704,500 and 7 days on market. The median price is high because 1) six million dollar + homes are for sale and 2) only 5 of the 18 listings are priced under $500K.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 