Brookside Home Sales Report-Sept 2019

Home sales are slowing down across the metro area compared to the earlier in the year; a slowdown when the weather cools is typical.  Here are the stats for single family home sales in Brookside (using zip code 64113) for last month and a YTD comparison:

Sept 2019                                                             Sept 2018

Median list price:     $347,500                         Median list price:     $400,000

Median sales price:  $350,000                         Median sales price:   $390,000

No. of homes sold:     18                                  No. of homes sold:       23

Days on market:         4                                    Days on market:          32

Brookside had it’s highest closed sales price so far this year last month:  $2.6 million.  The lowest closed price was $239,500.  Median sales price was lower than last year.  Here are the YTD figures:

Jan-Sept 2019                                                     Jan-Sept 2018

Median list price;     $389,475                        Median list price:     $399,925

Median sales price:   $380,000                      Median sales price:   $390,000

No. of homes sold:      234                              No. of homes sold:    224

Days on market:            21                               Days on market:        18

Just about the same number of homes sold in the same amount of time as 2018; median price is down 2.5%.  There is still a strong demand for Brookside properties–most notably in the $350K and less price category.  Currently there are 38 active single family listings in Brookside, with a median price of $459,500 and 60 days on market.  The lowest price is $214,950 and the highest is $7.7 million.

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

Waldo Home Sales Report-Aug 2019

Slipping in this Waldo home sales report on the last day of September!  In two weeks, it will be time to check this month’s stats!  Waldo home prices continue to climb–and homes are selling fast. Here’s the info for Aug 2019, using the Waldo street borders of State Line to Holmes and Gregory to 85th:

Aug 2019                                                                         Aug 2018

Median list price:     $222,400                                     Median list price:    $198,975

Median sales price:  $217,750                                    Median sales price:  $198,500

No. of homes sold:      36                                             No. of homes sold:     38

Days on market:         5                                                Days on market:      25

About the same number of homes sold last month compared to same time last year, but in a much shorter period of time and at a higher price.  Here are the YTD numbers:

Jan-Aug 2019                                                                   Jan-Aug 2018

Median list price:     $225,000                                      Median list price:     $199,450

Median sales price:  $221,500                                      Median sales price:   $200,000

No. of homes sold:     235                                              No. of homes sold:     270

Days on market:        8                                                    Days on market:      17

Double digit increase YTD–10%!  Currently there are 24 active listings in Waldo, with a median price of $229,500 and 41 days on market.  The lowest priced home is $74,000 and the highest is $399,900.

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

 

 

Armour Hills Home Sales Report-Aug 2019

Whew, the Armour Hills subdivision in Brookside continues to rise in value compared to the Brookside zip of 64113 as a whole.  I think this is primarily due to location, the park amenity, the range of home pricing, a strong homes association and the charm of the neighborhood.  Sales are steady, prices are up. Here’s the stats:

Aug 2019                                                       Aug 2018

Median list price:     $377,500                  Median list price:     $327,450

Median sales price:   $374,250                 Median sales price:   $322,500

No. of homes sold:     6                              No. of homes sold:     10

Days on market:        5                                Days on market:        22

Fewer homes closed last month compared to a year ago–and look at the days on market:  homes went under contract within just a few days of listing.  Below are the year-to-date stats:

Jan-Aug 2019                                                   Jan-Aug 2018

Median list price:     $345,000                      Median list price:     $315,000

Median sales price:   $345,000                     Median sales price:    $320,000

No. of homes sold:     61                                No. of homes sold:     58

Days on market:         15                                Days on market:      9

Home values are up 7.8% YTD over 2018.  That’s impressive.   I’d like to buy another house in Armour Hills now–to have when it’s time to downsize to one level living!  Currently there are six homes for sale, with an average list price of $389,975 and 16 days on market. Prices range from $229,900 to $519,000 (!)–over $500K is rare for this subdivision.

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

 

Brookside Home Sales Report-Aug 2019

The peak spring and summer buying season is over, and as we get closer to the holidays, there will be fewer listings that pop on the market.  For Brookside, (using zip code 64113) last month’s stats were similar to a year ago–with higher median price.  Let’s break it down:

Aug 2019                                                               August 2018

Median list price:     $385,000                           Median list price:     $354,500

Median sales price:    $380,000                         Median sales price:    $338,750

No. of homes sold:       26                                  No. of homes sold:      28

Days on market:        26                                      Days on market:      22

The lowest closed sales price last month was $275,000 and the highest was $973,000.  Now let’s look at year-to-date stats:

Jan-Aug 2019                                                        Jan-Aug 2018

Median list price:     $389,950                           Median list price:     $399,900

Median sales price:   $380,000                          Median sales price:    $390,000

No. of homes sold:     217                                  No. of homes sold:      201

Days on market:        22                                      Days on market:        18

Prices are down 2.5% compared to same time last year; however I think that could be caused by more lower priced homes selling later in the year. Overall, I expect Brookside home values to be higher than 2018 at the end of the year.  Number of homes sold and days are market are running similar to 2018.

Currently there are 42 active listings in Brookside, with an average list price of $479,975 and 40 days on market. Prices range from $229,000 to just under $6 million.

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

 

Waldo Home Sales Report-July 2019

Reading this blog may seem like the Groundhog’s Day movie…same news about Waldo home values increasing, over and over!  Let’s take a look at the numbers:

July 2019                                                              July 2018

Median list price:     $239,000                         Median list price:    $215,000

Median sales price:   $243,000                       Median sales price:  $210,000

No. of homes sold:     34                                  No. of homes sold:      43

Days on market:      3                                       Days on market:         8

Most of the homes that closed last month sold at or over list price, at a substantial increase over last July.  Fewer homes sold, and were available, so that pushes prices up and note–listings went under contract in an average of 3 days!  Below are YTD numbers:

Jan-July 2019                                                               Jan-July 2018

Median list price:     $225,000                                  Median list price:     $199,800

Median sales price:  $225,000                                 Median sales price:   $200,000

No. of homes sold:     198                                         No. of homes sold:     234

Days on market:        8                                             Days on market:         16

When there are fewer homes for sale, prices go up–that’s what’s been happening in Waldo.  Most sellers continue to get ask or over list price for their homes.  So far, Waldo home prices  have risen 12.5% this year.  Currently there are 29 active listings, with a median price of $235,000 and 41 days on market.  Prices range from $45,000 to $399,000.

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

 

Armour Hills Home Sales Report – July 2019

My neighborhood of Armour Hills continues to be one of the most desirable Brookside neighborhoods–just this year we have two new families just on my block! Home values continue to rise.  Let’s take a look at the numbers:

July 2019                                                        July 2018

Median list price:     $339,000                   Median list price:     $349,950

Median sales price:    $340,000                Median sales price:     $348,450

Number of homes sold:    12                   Number of homes sold:    9

Days on market:     12                               Days on market:             3

Homes sat on the market for a few days longer, and overall, sold for less than last year…but….the key is year-to-date figures, see below:

Jan-July 2019                                                  Jan-July 2018

Median list price:     $339,900                    Median list price:  $315,000

Median sales price:    $340,000                  Median sales price:  $317,500

No. of homes sold:      55                              No. of homes sold:    46

Days on market:         21                               Days on market:       4

More homes have sold YTD in Armour Hills, and home values are up 7% compared to last year!  Currently there are six homes for sale, with an average list price of $335,000 and 75 days on market.

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

 

Brookside Home Sales Report – July 2019

As we check the numbers for Brookside home sales this year, an interesting fact to note:  more homes are selling this year but at lower prices.  This seems off, compared to the last few years.  Let’s take a closer look at the statistics for single family home sales in Brookside, using the zip code of 64113:

July 2019                                                                   July 2018

Median list price:     $377,500                              Median list price:     $420,000

Median sales price:     $370,000                           Median sales price:    $423,500

No. of homes sold:      36                                      No. of homes sold:        29

Days on market:         20                                        Days on market:          21

A few more homes sold last month compared to a year ago, for an overall lower price.  We did have a $1.7 million sale in July, and seven of the sold homes were over $500K. Here’s year to date numbers:

Jan-July 2019                                                           Jan-July 2018

Median list price:     $389,950                              Median list price:     $409,950                   

Median sales price:    $382,500                            Median sales price:    $398,000

No. of homes sold:       190                                     No. of homes sold:      172

Days on market:          24                                        Days on market:       14

So far this years, prices are about 1.4% lower than same time last year.  Homes are taking longer to sell on average–still, going under contract within 30 days is very desirable for sellers.  Currently there are 41 active single family homes for sale in Brookside, with a median list price of $420,950 and 57 days on market.  The lowest list price is $249,900 and the highest is just under $4,000,000.

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

 

Waldo Home Sales Report-June 2019

Halfway through the year, Waldo home sales are still going strong!  Prices continue to rise and most homes are going under contract within a week of listing. Below are the stats, using the street boundaries of Gregory to 85th and State Line to Holmes:

June 2019                                                                June 2018

Median list price:     $215,000                            Median list price:     $194,000

Median sales price:    $213,000                          Median sales price:    $205,000

No. of homes sold:       37                                    No. of homes sold:      33

Days on market:         7                                        Days on market:          35

The numbers are showing us that prices are up, and homes sold faster than June 2018.  Let’s see where Waldo is year-to-date:

Jan-June 2019                                                       Jan-June 2018

Median list price:     $230,000                        Median list price:    $200,000

Median sales price:   $228,000                     Median sales price:   $200,500

No. of homes sold:      164                                  No. of homes sold:      182

Days on market:          10                                   Days on market:          16

The highest sold sales price so far this year in Waldo is $382,000 and the lowest is $26,000–that’s quite a range!  YTD, values are up just over 11%

Currently there are 38 single family homes for sale in Waldo, with a median list price of $234,500 and 20 days on market.

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

 

Armour Hills Home Sales Report-June 2019

As a Brookside neighborhood (Armour Hills is one of the larger subdivisions in the area), buyers are still snapping up homes quickly–yet the market does appear to be slowing down..probably usual mid July slump as so many people head out of town on vacation. Here are the stats for June home sales in Armour Hills:

June 2019                                                                    June 2018

Median list price:     $329,000                                 Median list price:     $315,000

Median sales price:    $329,000                               Median sales price:     $322,500

No. of homes sold:        9                                          No. of homes sold:      8

Days on market:          24                                           Days on market:          6

Last month, the average days on market were longer, but still sellers are getting very close to list price.  The lowest closed sale in June was $293,000 and the highest was $358,000.  Here are YTD figures:

Jan-June 2019                                                            Jan-June 2018

Median list price:     $347,500                                 Median list price:     $314,900

Median sales price:   $350,000                             Median sales price:     $315,000

No. of homes sold:      43                                         No. of homes sold:      37

Days on market:         24                                          Days on market:         5

Home values up 11% compared to the same period last year.  I don’t think that percentage will be sustained through the end of the year. Currently there are 9 active listings in Armour Hills, ranging from $239,000-$379,500 and 57 days on market.  Median list price is $284,950.

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

Brookside Home Sales Report-June 2019

We are halfway through the year…how are Brookside home sales holding up compared to last year?  Sales are still strong and prices up.  Read on for details…I am using the main Brookside zip code of 64113 (State Line to Oak; 55th to Gregory) for these stats.

June 2019                                                           June 2018

Median list price:      $369,000                       Median list price:     $412,500

Median sales price:   $370,000                       Median sales price:  $397,000

No. of homes sold:       31                                 No. of homes sold:     40

Days on market:           11                               Days on market:           16

Median sales price was down almost 7% compared to last year…however, in June 2018 there were three million dollar sales (just one last month) and more homes sold.  Still, many sellers getting at or over asking price!  Here are the YTD figures:

Jan-June 2019                                                       Jan-June 2018

Median list price:      $395,000                          Median list price:       $399,450

Median sales price:    $389,807                         Median sales price:   $386,750

No. of homes sold:        154                                No. of homes sold:    144

Days on market:           28                                   Days on market:       14

Prices are a little higher than last year and sellers getting very close to asking price and more homes sold YTD.  Currently there are 41 active single family homes listed in Brookside, with a median list price of $424,950 and 62 days on market.

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