Brookside Home Sales Report-October 2021

Brookside in the Fall….a messy palate of bright and vibrant colors on trees, bushes, lawns…it’s my favorite time of year in the  neighborhood!  Of course, Brookside homes are attractive any time of year and although last month there was a dip in values, the YTD numbers are still very strong.  Let’s look at the statistics for single family home sales in Brookside, using sales figures from the main Brookside zip code of 64113:

October 2021                                              October 2020

Median list price:     $485,000                       $489,000

Median sales price:  $472,000                       $492,450

No. homes sold:           27                              34

Days on market:          3                                22

Prices dipped 4% compared to last year; homes went under contract much faster. Fun fact:  the highest sale last month was $1,135,000–$40K over the list price.  Below are the year-to-date numbers:

Jan-Oct 2021                                                  Jan-Oct 2020

Median list price:     $475,000                       $415,000

Median sales price:  $480,263                       $412,500

No. homes sold:          280                             262

Days on market:          3                                8

Compared to last year, Brookside home values are up 16% and most homes sell for list price or above.   Currently there are 23 active single family homes for sale in Brookside with a median list price of $565,000 and 23 days on market. The majority of listings–17-are priced over $500,000.

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

Waldo Home Sales Report – September 2021

Waldo home sales last month were similar to what happened in September 2020:  similar sold prices and number of homes changing owners.  Home prices continue to rise, of course!  Here are the stats for single family home sales in Waldo, using the boundaries of State Line to Holmes; Gregory to 85th St:

September 2021                                                                September 2020

Median list price:     $235,000                                                    $234,950

Median sales price:   $239,000                                                  $237,000

No. of homes sold:    35                                                                   39

Days on market:      13                                                                      5

Prices were about the same; most buyers still paying at or over list price.  A few more homes sold September 2020.  The lowest closed price last month was $81,700 and the highest was $475,000.

Here are the year-to-date numbers:

Jan-Sept 2021                                                                          Jan-Sept 2020

Median list price:      $249,900                                                   $220,000

Median sales price:  $261,000                                                   $226,000

No. of homes sold:      306                                                            291

Days on market:           2                                                                   4

Such a tight, tight market for homebuyers in Waldo–most homes go under contract within a day or two and well over the list price. Home values are up 15% year-to-date compared to last year. Currently there are 16 active single family homes for sale in Waldo, with a median list price of $239,000 and 36 days on market.

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

Armour Hills Home Sales Report-September 2021

Some interesting figures here as I researched Armour Hills home sales for last month—fewer homes sold!  However, values continue to rise.  I have a theory as to why; will share in the comments!  Here are the numbers:

September 2021                                                                September 2020

Medium list price:      $399,000                                            $349,000

Medium sales price:  $405,000                                            $351,500

No. of homes sold:        3                                                     17

Days on market:            4                                                      6

The median sales price increased 15% from last September.  I think the reason so many more houses sold in September 2020 is the pandemic was raging in the usual strong buying and listing months of March through July; many sellers were hesitant or delayed listing and buyers stayed in for those months. Some people probably delayed buying and selling until later in the year. Below are the year-to-date figures:

Jan-Sept 2020                                                                            Jan-Sept 2020

Median list price:     $369,900                                                    $345,000

Median sales price:  $390,000                                                   $344,000

No. of homes sold:      53                                                     73

Days on market:          2                                                                   6

Fewer homes are selling this year; could be because some residents have decided to stay put and make home improvements; or they don’t want to sell and then get into a bidding war for their next property.  Prices are up 13% over last year.

Currently there are four active listings in Armour Hills; the median price is $434,475 and ten days on market.

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

Brookside Home Sales Report-September 2021

We are seeing double digit increases in Brookside home values; houses continue to sell very fast and at over the list price.  This is the same news I have been delivering for the past several months!  Here are the stats for Brookside, using the main Brookside zip code of 64113:

September 2021                                                                September 2020

Med list price:      $484,900                                             $415,000

Med sales price:   $480,000                                            $408,000

No. homes sold:       39                                                        25

Days on market:       4                                                           9

Last September we were still pretty much hunkered down due to COVID-19 pandemic spread; this year things have loosened up as more people are vaccinated and that affects everything.  Last month we had one sale over $1,000,000.  There was a 17% increase in values compared to Sept 2020.

Here are the year-to-date numbers:

Jan-Sept 2021                                                                     Jan-Sept 2020

Med list price:      $475,000                                             $394,950

Med sales price:    $482,763                                           $400,000

No. homes sold:    252                                                        230

Days on market:     3                                                            8

Most buyers pay over the list price for Brookside homes this year; also we’ve had several multi-million dollar sales:  12 so far in 2021.  Year-to-date, home values up 20.6% over last year.  Currently there are 20 single family homes for sale in Brookside, with an average price of $549,975 and 63 days on market. 

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

Armour Hills Home Sales Report-August 2021

Last month, Armour Hills had it’s highest recorded home sales price of the year–and that final price was $53,000 over the list price! As I reported in last week’s blog, some Brookside homes have sold for $100,000 over asking price. That is too crazy! An over $700K price for an Armour Hills house just shows the reach some buyers have to get what they want. The high price tag affected the big jump in the median sales price compared to Aug 2020. Here are the numbers:

August 2021                                                                            August 2020

Median list price:             $384,900                                           $317,500

Median sales price:         $382,000                                           $320,000

Days on market:                 31                                                        3

No. homes sold:                  5                                                         12

Every property that sold last month closed over the list price except one. The highest sales price of the year so far was $703,000 on a home priced at $649,900.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                           Jan-Aug 2020

Median list price:              $367,450                                           $339,950

Median sales price:          $386,000                                           $337,500

Days on market:                 2                                                          5

No. homes sold:               50                                                        57

Compared to last year, home prices are up 14% in Armour Hills. Currently there are seven listings, ranging from $349,000 to $575,000. The median price is $399,000 and 26 days on market.

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

Brookside Home Sales Report-August 2021

Greetings, neighbors! In today’s report, some interesting news: it’s not just the moderately priced homes that have multiple offers and sell over asking price–as last month’s stats show, big spenders in Brookside are willing to spend way, way over the list price when they want a home. These are the sales figures for Brookside, using the main Brookside zip code of 64113, single family homes:

August 2021                                                                               August 2020

Median list price:     $507,450                                                   $417,500

Median sales price: $507,500                                                   $440,000

Days on market:              3                                                            3

No. homes sold:               30                                                        38

Home values were up 15% compared to August 2020. The median sales price is high because eighteen homes sold at or over the list price, including at least two homes that sold for over $100K beyond the list price! The lowest closed price last month was $247,000.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                             Jan-August 2020

Median list price:      $467.748                                                  $392,450

Median sales price:  $482,763                                                  $400,000

Days on market:              2                                                            8

No. homes sold:               226                                                     190

More homes have sold at this point in the year as compared to 2020, and overall, prices up 20%! Most homes go under contract within 48 hours of listing. I think as we get into the colder weather and even less inventory, prices may stabilize. Currently there are 26 homes listed in Brookside, with a median price of $535,000. Over half the homes are priced over $500K, including 5 that are over $1,000,000.

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

Waldo Home Sales Report-July 2021

Here we are into the ‘dog days’ of summer, trying to stay inside, escaping from the triple digit temperatures. Home sales usually dip in August–next month we’ll see if that holds true for this red hot home buying year. For now, here are the Waldo home sales stats for July 2021, using the boundaries of Gregory to 85th St; State Line to Holmes.

July 2021                                                             July 2020

Median list price:    $234,000                              $199,000

Median sales price:  $255,000                            $210,000

Days on market:                  2                                    3

No. sold:                                31                               47

Those figures represent a 21% increase in sales price compared to last year! Lowest closed price was $138,000 and the highest was $445,000.

Here are the year-to-date numbers:

Jan-July 2021                                                       Jan-July 2021

Median list price:    $250,000                              $215,000

Median sales price: $265,000                             $225,500

Days on market:              2                                              4

No. sold:                           225                                         212

The number of homes sold is running a bit ahead of last year; and properties are still selling very fast once they hit the market. Median sales price is up 17% over last year.

Currently there are nineteen single family homes for sale in Waldo, with a median list price of $245,000 and 16 days on market.

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

Armour Hills Home Sales Report—July 2021

Hi neighbors! Home sales are consistently strong in Armour Hills, and prices are much higher compared to July 2020. Let’s look at the numbers:

July 2021                                                             July 2020

Median list price:      $375,000                            $319,000

Median sales price:   $395,000                           $335,000

Days on market:                  2                                    1

No. sold:                                11                                 7

Buyer paid about 5% over list price; values up 17% compared to July 2020. Here are the year-to-date figures:

Jan-July 2021                                                        Jan-July 2020

Median list price:     $365,000                             $347,000

Median sales price:  $390,000                            $342,500

Days on market:                                                       8

No. sold:                                45                                   44

Median sales price jumped 13% over last year; most homes selling faster as well. The highest Armour Hills closed price in 2021 so far is $605,000 and the lowest is $212,000. Currently there are three active listings, with an average price of $399,000 and 53 days on market.

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

Waldo Home Sales Report-June 2021

Waldo continues to be one of the most desirable locations for homebuyers this year–like everywhere else, prices are going way up. Halfway through the year, let’s take a look at what’s been happening in Waldo. I’m tracking single family home sales, in the area bordered by Gregory, 85th and State Line to Holmes.

June 2021                                                                         June 2020

Median list price:      $255,000                                        $229,900

Median sales price:  $270,000                                         $237,000

No. of homes sold:       49                                                    45

Days on market:            2                                                  2

Buyers are paying about 5% over list price, and values are up 14% since last June. Most houses go under contract within 48 hours of listing. Here are the year-to-date stats:

Jan-June 2021                                                                               Jan-June 2020

Median list price:     $250,000                                                    $219,950

Median sales price:  $265,000                                                   $226,000

No. of homes sold:     200                                                           169

Days on market:                                                                       5

More homes closed at this halfway point than last year; prices up 14% YTD compared to last year. The lowest sold price this year so far is $65,000 and the highest is $605,000. Currently there are 18 active Waldo listings, with a median list price of $272,500 and eight days on market.

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

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.)