It’s the last week of September; I am a bit late posting these stats so let’s get going! These are the single family home sales for last month, using the main Brookside zip code of 64113 for the info:
| August 2023 | august 2022 | |
|---|---|---|
| Median list price: | $637,500 | $525,000 |
| Median sales price: | $645,000 | $510,000 |
| Days on market: | 2 | 4 |
| No. of homes sold: | 20 | 29 |
The lowest closed price last month was $350K and the highest was $1,240,000–which was $65,000 over the list price!!! The list price/sales price ratio difference wasn’t much, 1.75% however the closed price last month was up 26% over August 2022. Here are the year-to-date figures:
| Jan-Aug 2023 | jan-aug 2022 | |
|---|---|---|
| Median list price: | $575,000 | $499,000 |
| Median sales price: | $582,500 | $510,000 |
| Days on market: | 3 | 2 |
| No. of homes sold: | 179 | 210 |
So far this year, 17% fewer homes have sold in Brookside, yet prices are up 14%! And most buyers are paying over asking price. So far we’ve had 24 sales over $1,000,000. Currently there are 16 homes for sale in Brookside, with a median price of $912,000. Why such a high median price? Because 13 of the homes have a sticker price over $500K and 7 of those are over $1 million bucks.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)