Brookside Home Sales Report-June 2021

We are halfway through the year and there isn’t a slowdown in the demand for Brookside homes–most homes are still closing at over asking price and go under contract within a few days. Here are the stats for June 2021, single family home sales, using the main Brookside zip code of 64113:

June 2021                                                                                                June 2020

Median list price:      $482,000                                                                  $424,900

Median sales price:    $500,000                                                                $420,000

No. sold:                       38                                                                              27

Days on market:                                                                                          8

Last month, four homes sold over $1,000,000–including the highest sale so far this year, at $4.2 million. The lowest closed price was $212,000. Final sales prices were 19% over 2020. Now let’s look at the year-to-date numbers:

Jan-June 2021                                                                                         Jan-June 2020

Median list price:      $470,250                                                                  $425,000

Median sales price:   $482,763                                                                 $433,000

No. sold:                        168                                                                           208

Days on market:           2                                                                                6

Fewer homes on the market means fewer homes sold, which in turn means home prices go up. Compared to last year, home values have risen 11.49% this year–amazing! Currently there are 19 active single family homes for sale in Brookside, with a median price of $595,000. Fourteen homes are priced over $500K; four of those are over $1,000,000.

(all stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Armour Hills Home Sale Report-May 2021

Well neighbors, the Armour Hills subdivision in Brookside hit a record last month for the highest recorded sale of a single family home. Hard to believe, but someone paid $130,000 over the list price! How crazy is that? Let’s look at the numbers:

May 2021                                                                                       May 2020

Median list price:     $365,000                                                    $352,000

Median sales price:  $363,000                                                   $352,500

No. sold:                         9                                                                 16

Days on market:          2                                                                  4

The lowest sold price last month was $300K, and the highest was $605,000 on a $475,000 list price. It was a beautiful house–a record high closing price for Armour Hills. Here are the year-to-date numbers:

Jan-May 2021                                                                                Jan-May 2020

Median list price:              $367,450                                           $349,900

Median sales price:          $379,950                                           $342,500

No. of homes sold:            26                                                        29

Days on market:                                                                         10

Home values have increased in Armour Hills almost 11% year to date compared to last year. Currently there are four listings in the area, with a median price of $354,450 and 23 days on market.

HAVE A HAPPY AND SAFE JULY 4 HOLIDAY!!!!

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-May 2021

Ready for the latest Waldo home sales stats? Yes, prices continue to rise, and yes, homes are selling quickly. If you are trying to buy a home in Waldo–don’t get discouraged! Stay the course, be prepared and eventually it will work out. This report reflects the Waldo boundaries of Gregory to 85th St and State Line to Holmes.

May 2021                                                                                       May 2020

Median list price:     $265,000                                                    $254,950

Median sales price:  $278,500                                                   $249,000

No. sold:                        30                                                              36

Days on market:                                                                        4

Home values up 11% compared to May 2020; the lowest closed price last month was $119,000 and the highest was $605,000.

Here are the year-to-date numbers:

Jan-May 2021                                                                                          Jan-May 2020

Median list price:       $249,950                                                                 $215,000

Median sales price:   $263,500                                                                 $222,000

No. sold:                             158                                                                      131

Days on market:               2                                                                            13

Another big increase in Waldo home values over last year–18% year-to-date. Currently, there are just ten single family homes for sale in Waldo, with a median list price of $240,000 and 8 days on market. Prices range from $109,000 to $429,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Brookside Home Sales Report-April 2021

More interesting stats on the home sales market in Brookside…I’m a bit late reporting as I’ve been very busy selling houses! So let’s get into it…here are the numbers for single family home sales in Brookside, using the main Brookside zip code of 64113:

April 2021                                                                            April 2020

Median list price:    $490,250                                     $419,000

Median sales price:      $511,500                                       $400,000

No. sold:                      28                                                        10

Days on market:         2                                                        23

We had our highest sale so far this year last month; a Sunset Hill home closed at $2.16 million.  The lowest sold home was $285,000.  Prices are up 27% over last April.

Here are the year-to-date numbers:

Jan-April 2021                                                               Jan-April 2020

Median list price:     $429,000                                         $367,450

Median sales price:  $432,000                                        $367,500

No. sold:                      83                                                        60

Days on market:        2                                                          17   

Prices are up 17% YTD. One closed sale this year went $65K over the list price! Currently there are 12 single family home listings in Brookside, with a median asking price of $462,475 and 5 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-March 2021

Homebuyers continue to snap up homes in Waldo, driving prices higher. And we are just now getting into the most popular buying months of the year! Here are the sales stats from Waldo, using the boundaries from Gregory to 85th St, State Line to Holmes:

March 2021                                                                                  March 2020

Median list price:    $237,500                                                   $228,000

Median sales price:    $252,500                                               $230,000

No. of homes sold:          26                                                          31

Days on market:              2                                                             31

The lowest closed price last month was $136,000 and the highest was $400,000. Home values up 9.78% compared to March 2020.

Here are the year-to-date figures:

Jan-March 2021                                                                        Jan-March 2020

Median list price:       $250,000                                               $210,000

Median sales price:    $263,500                                              $210,750

No. of homes sold:       71                                                 62

Days on market:           3                                                             28

Look at the difference between the median sales prices: 25% higher this year, and homes are going under contract in a matter of days. Buyers are consistently offering over list price on contracts. I’ve been saying that for months and don’t see any change in the foreseeable future.

Currently there are just five homes for sale in Waldo, with a median list price of $249,000 and four days on the market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Brookside Home Sales Report-March 2021

If you know someone trying to purchase a home in Brookside…you’ve probably heard stories about how just trying to look at a new listing can be all consuming! These Brookside home sales stats for March 2021 show again how frenzied this market is for buyers. I’ve researched single family home sales that closed last month, using the main Brookside zip code of 64113:

March 2021                                                                                   March 2020

Median list price:     $427,400                                                   $350,000

Median sales price: $430,000                                                   $345,000

No. of homes sold:      26                                                             15

Days on market:            2                                                             15

Home values are up 24% compared to last March; about twice as many homes closed. Those new listings went under contract within 48 hours. Wow! Last month there were nine sales over $500K in Brookside, and one $1.185 million closed sale.

Here are the year-to-date numbers:

Jan-March 2021                                                                          Jan-March 2020

Median list price:     $427,400                                                   $350,000

Median sales price: $430,000                                                   $345,000

No. of homes sold:      26                                                             15

Days on market:            2                                                             15

That’s a double digit increase in home prices from same period last year–14%! Buyers are consistently paying over list price for houses. I don’t know when the bidding wars will end–there is just so much demand. Currently there are just ten homes listing in Brookside, with a median price of $514,975 and eight days on market. Six homes are priced at or over $500K, four of those are well over one million dollars.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Armour Hills Home Sales Report-February 2021

Armour Hills is blooming! Along with the rest of the city. Springtime brings out the buyers for our neighborhood, so expect more home sales in the warm months ahead. Even the cold weather though didn’t slow down the market–sales are up compared to last year at this time. Let’s look at the stats:

February 2021February 2020
Median list price: $335,000$339,900
Median sales price: $358,775$332,000
No. of homes sold: 5 3
Days on market: 2 49

Buyers paid about 7% over list price and home values are up 8% over February 2020. Below are the year-to-date numbers:

Jan-Feb 2021Jan-Feb 2020
Median list price: $347,000$339,925
Median sales price: $361,888$338,000
No. of homes sold: 8 4
Days on market: 2 46

Twice as many homes closed this year compared to last; and you can see how quickly new listings are going under contract: two days instead of a few weeks! Home prices are running about 7% over last year. Currently there is just one listing for sale in Armour Hills, priced at $425,000 and four days on market.

If I can provide you with more detailed information on Brookside or Waldo home sales, contact me!

(all stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Brookside Home Sales Report-Feb 2020

Home values in Brookside are rising up like Spring daffodils! The demand for homes in our neighborhood shows no sign of slowing down. In addition, listings are way behind what they would normally be for this time of year. Multiple offers are the norm for just about any homes priced under $500,000. Here are the numbers for single family home sales, using the main Brookside zip code of 64113:

February 2021February 2020
Median list price: $380,000$359,975
Median sales price: $392,350$354,500
No. of homes sold: 16 16
Days on market: 2 35

Looking at those numbers, we see the same number of houses closed; listed homes went under contract in about 48 hours. Buyers were paying an average of 3.25% over the list price, and sold prices up over 10% compared to last February. Here are the YTD numbers:

Jan-Feb 2021Jan-Feb 2020
Median list price: $395,000$369,900
Median sales price: $397,200$370,000
No. of homes sold: 29 23
Days on market: 3 44

So far this year, values are running 7% over 2020. More homes have sold; and properties are going under contract in just a couple of days. It’s going to be a long ride for homebuyers this year….don’t give up! As for sellers, this is the time to get top dollar for your home if it’s priced competatively!

Currently there are just 8 active listings in Brookside, with a median list price of over $1,000,000. That’s because half of the listings are over the million dollar mark, including two homes, one priced just under $5.5 million and another $7.2 million. Days on market is 74, as those high dollar properties tend to sit on the market longer.

Have any questions about home prices in your area? Contact me for details!

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Armour Hills Home Sales Report-January 2021

Armour Hills is one of the most desireable neighborhoods in Brookside and the rising prices confirm it-the -median price of a home was unusually high in January 2021. However, just three homes closed, all in a higher than usual price for Armour Hills. Here are the numbers:

January 2021January 2020
Median list price: $500,000$433,000
Median sales price: $490,000$433,000
No. of homes sold: 3 1
Days on market: 3 44

Home values up 13% compared to last January but again, $490,000 is an unusually high median sales price for Armour Hills. The three homes that closed were on the upper end of the price spectrum. Currently there are NO active listings in Armour Hills. That could change tomorrow!

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-Jan 2021

The cold weather and snow did not slow down home sales in Waldo last month… houses are still selling quickly! Here are the stats for January 2021, and a comparison to January 2020. The Waldo boundaries I’m using are State Line-Holmes and Gregory to 85th St.

January 2021January 2020
Median list price: $237,500$199,750
Median sales price: $237,000$196,250
No. of homes sold: 24 18
Days on market: 3 18

Home values are up almost 21% compared to a year ago! Still a lot of demand and not much inventory. The lowest closed price last month was $129,000 and the highest was $410,000. Currently there are just five listings in Waldo, with an average list price of $322,450 and five days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)