The higher interest rates don’t seem to be deterring homebuyers who want to call Brookside home; fewer homes closed last month but prices continue to climb over asking price–likely due to lack of inventory. Here are the stats for single family home sales in Brookside, using the zip code of 64113:
| july 2023 | july 2022 | |
|---|---|---|
| Median list price: | $535,000 | $540,000 |
| Median sales price: | $570,000 | $530,000 |
| Days on market: | 2 | 3 |
| No. of homes sold: | 29 | 35 |
Buyers paid about 6.5% over asking price and values up 7.5% compared to July 2022. The lowest closed sale was $335K and the highest was $3.5 million. There were three million dollar plus sales last month. Here are the year to date numbers:
| jan-july 2023 | jan-july 2022 | |
|---|---|---|
| Median list price: | $575,000 | $495.000 |
| Median sales price: | $577,000 | $505,500 |
| Days on market: | 3 | 2 |
| No. of homes sold: | 159 | 182 |
The number of homes sold dropped by 14% so far this year, and prices are up 14%. There are just 14 active single family homes listed in Brookside as of this writing, and the median price is $870,000–certainly not affordable for most buyers. Twelve listings are over $500K and 6 are over $1,000,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)