Brookside Home Sales Report-Feb 2019

Welcome Spring! Finally, a week of warmer days to enjoy! Here’s the Brookside single family home sales report for last month, pulling stats from the 64113 zip code.  We are into the busy home buying and selling season!

Feb 2019                                                                  Feb 2018

Median list price:     $374,999                             Median list price:      $349,950

Median sales price:  $355,000                             Median sales price:   $327,000

No. of homes sold:       13                                    No. of homes sold:        11

Days on market:           76                                    Days on market:              9

Fun fact: highest sales price was $1.925 million last month! That’s one reason for the higher median price.  Here are YTD figures:

Jan-Feb 2019                                                          Jan-Feb 2018

Median list price:      $376,999                            Median list price:     $357,000

Median sales price:   $361,500                            Median sales price:  $340,000

No. of homes sold:       22                                    No. of homes sold:      29

Days on market:          78                                     Days on market:           41

Although fewer homes sold, and were on the market longer, prices are up 6.3% compared to last year. Currently there are 44 homes for sale in Brookside, with a median list price of $454,475 and 30 days on market. Four of the homes are priced over $1 million; a total of 17 are over $500K.

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

 

 

Waldo Home Sales Stats-Jan 2019

Waldo home values shot up last year, and it looks like this trend will continue into 2019.  Here are the single family home sales stats from last month, with a comparison to one year ago. I’m using the street boundaries of State Line to Holmes and 71st St to 85th St.

January 2019                                                                January 2018

Median list price:      $219,900                                 Median list price:     $172,500

Median sales price:   $206,100                                Median sales price:   $164,000

No. of homes sold:       21                                          No. of homes sold:     18

Days on market:          21                                           Days on market:        22

Prices are up 25% compared to January 2018! That’s a bit extreme, even for Waldo.  Demand is strong as first time buyers keep jumping into the market and investors purchase for rentals or flips.  Currently there are 16 single family homes for sale in Waldo, with a median list price of $289,475 and 30 days on market.  The lowest list price is $168,000 and the highest is $359,950.

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

Brookside Home Sales Report-Jan 2019

Sold listings for Brookside last month were down compared to one year ago–could be due to the unusually cold and snowy winter we’ve had..or the lack of desirable inventory.  Here’s the stats, based on the main Brookside zip code of 64113:

January 2019                                                                    January 2018

Median list price:      $350,000                                   Median list price:     $399,900

Median sales price:   $339,000                                   Median sales price:    $376,000

No. of homes sold:        10                                          No. of homes sold:      17

Days on market :           81                                          Days on market:        41

The highest closed sale last month was $877,500; in January 2018 is was $1.6 million.  Median sales price was lower than one year ago because lesser priced homes sold than a year ago. 

Currently there are 32  single family homes for sale in Brookside, with a median list price of  $497,475 and 71 days on market. Twenty seven of these homes are priced over $400K. 

Armour Hills 2018 Home Sales Recap

Interesting year for home sales in Brookside’s Armour Hills subdivision.  So  many houses sold for way over the asking price, yet overall, value didn’t rise as much as I expected.  Let’s take a look at the stats, starting off with December figures.

Dec 2018                                                               Dec 2017

Median list price:     $276,950                        Median list price:    $269,950              

Median sales price:  $272,500                       Median sales price:  $279,000

No. of homes sold:       2                                   No. of homes sold:       4

Days on market:           65                                Days on market:         3

Here is the 2018/2017 comparison:

2018                                                                          2017

Median list price:     $315,000                          Median list price:     $314,500

Median sales price:   $315,000                         Median sales price:   $312,500

No. of homes sold:        79                                No. of homes sold:        93

Days on market:           9                                    Days on market:           7

Fewer homes sold in 2018, and home values rose just .8% compared to 2017.  Several AH homes sold last year for well over the asking price–many for $10-20K over, the highest was $38,000 above list price!  As you can see from the above list/sales price figures, most houses went under contract quickly and  closed at asking price.  Armour Hills is one of the most popular subdivisions in Brookside, and I feel demand will be strong in 2019.

Currently there are four homes listed, with a medium asking price of $364,450 and 58  days on market.

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

 

 

 

 

Waldo Home Sales Report-2018 Recap

Waldo continues to be a hot neighborhood for buyers…for the second year in a row, sales prices were higher than list price.  Let’s take a look at the December stats first, single family homes in Waldo using the boundaries of State Line to Holmes and Gregory to 85th St:

December 2018                                                       December 2017

Median list price:     $220,000                        Median list price:    $164,900

Median sales price:    $220,220                     Median sales price:  $160,000

No. of homes sold:      15                               No. of homes sold:     31

Days on market:        21                                  Days on market:     38

The lowest sale was $145,000 and the highest was $246,000.  Fewer homes went under contract though, probably due to lack of desirable inventory.

Here are the 2018/2017 comparisons:

2018                                                                                        2017

Median list price:    $200,000                               Median list price:       $177,250

Median sales price:  $205,000                              Median sales price:    175,000

No. of homes sold:     369                                     No. of  homes sold:       386

Days on market:         19                                        Days on market:             13

The number of homes sold overall dropped slightly; prices were up 15%!  Many sellers are getting list price or over –demand is very strong and I think it will continue into 2019.  Waldo is a great place to live!

Currently there are 21 active single family listings in Waldo, with a median price of $234,900 and 59 days on market.

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

Brookside Home Sales Stats-2018 Recap

I’m posting this blog a bit later than usual..just returned from a mid January vacation so I’m behind on the blogging!  After the buying frenzy that kicked off 2018, at the end of the year the stats were similar to 2017 home sales…however, prices did rise. First we will look at December stats, then YTD comparisons.  I am checking the main Brookside zip code of 64113:

Dec 2018                                                                        Dec 2017

Median list price:     $457,475                                 Medium list price:     $439,000

Median sales price:   $437,000                               Medium sales price:    $442,000

No. of homes sold:      20                                         No. of homes sold:         27

Days on market:          37                                         Days on market:           29

Several more expensive homes closed last month, including five over $500K and one of those was a $1.75 million home.  Below is the 2018/2017 comparison:

2018                                                                                    2017

Median list price:      $407,000                                     Median list price:      $395,000

Median sales price:   $398,000                                     Median sales price:   $387,250

No. of homes sold:        282                                          No. of homes sold:     296

Days on market:           18                                             Days on market:         20

The number of homes sold dropped slightly, but the days on market was virtually the same. Overall, prices were up 2.7% for the year.  Interesting, though, is the number of homes that sold over the asking price:  69 houses closed over list price, sometimes by as much as $25K!  The majority of these homes were in the under $400K price point.  The demand is for updated, well maintained homes at $350K or less.  Later this week I will post Waldo home stats–which I think will show a larger increase in home values compared to Brookside.

Currently there are 41 single family homes listed in Brookside, with a median price of $430,000 and 92 days on market.  

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

Waldo Home Sales Report – Nov 2018

Waldo has such a large range of home pricing…I think that’s one reason it continues to be a popular location for buyers.  Prices are way up compared to last year. Here are the single family home sales stats for Waldo last month, using the boundaries of State Line to Holmes and Gregory to 85th St.

November 2018                                            November 2017

Median list price:      $212,500                   Median list price:     $174,950

Median sales price:   $208,250                  Median sales price:   $176,500

No. of homes sold:       26                            No. of homes sold:      32

Days on market:         38                             Days on market:        6

The lowest closed sale last month was $128,300 and the highest was $385,000.  Now let’s look at YTD comparisons:

Jan-Nov 2018                                                 Jan-Nov 2017

Median list price:     $200,000                    Median list price:     $179,900

Median sales price:    $208,000                  Median sales price:    $180,000

No. of homes sold:        363                         No. of homes sold:       369

Days on market:          19                              Days on market:         12

Home prices are up 15% over last year in Waldo, and as you can see, many houses are selling at or above the list price.  Currently there are 30 active listings, with a median sales price of $217,475 and 53 days on market.  Homes range in price from $64,900 to $375,000.

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

Armour Hills Home Sales Stats-Nov 2018

Armour Hills homes sales are steady…and so are prices, looking at year-to-year comparison.  First up–here are November 2018 stats for the Armour Hills subdivision of Brookside:

November  2018                                                          November 2017

Median list price:     $304,475                                    Median list price:     $346,000

Median sales price:    $309,100                                  Median sales price:    $341,250

No. of homes sold:        4                                             No. of homes sold:     4

Days on market:           7                                              Days on market:     27

Although the sales prices were way down from last November, not to worry–more expensive homes sold a year ago and three of the four homes that closed were at or over list price.  Take a look at the overall YTD numbers below:

Jan-Nov 2018                                                       Jan-Nov 2017

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

Median sales price:  $315,000                         Median sales price:  $314,000

No. of homes sold:     76                                   No. of homes sold:     89

Days on market:        9                                        Days on market:       9

The numbers are remarkably the same from one year ago, except that homes have been going under contract faster this year.  Currently there are eleven homes for sale in Armour Hills, with a median list price of $374,999 and 78 days on market. Prices range from $287,500 to $525,000.

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

Brookside Home Sales Stats-Nov 2018

Homebuyers are hibernating during the holiday season! It’s the traditional slow period–now through January.  However, home values are up in Brookside compared to last year. Here are the stats for single family home sales in the Brookside zip code of 64113 for last month:

Nov 2018                                                             Nov 2017

Medium list price:     $418,000                       Medium list price:     $409,000

Medium sales price:   $415,000                      Medium sales price:  $405,000

No. of homes sold:      15                                No. of homes sold:      17

Days on market:       17                                   Days on market:         26

The number of homes closed was about the same, and homes went under contract faster. The lowest sales price was $257,000 and the highest was $1.57 million.

Here are YTD figures:

Jan-Nov 2018                                                    Jan-Nov 2017

Median list price:     $402,500                     Median list price:     $389,500

Median sales price:   $396,000                    Median sales price:    $383,800

No. of homes sold:     260                            No. of homes sold:     269

Days on  market:       15                               Days on market:       19

Prices are up just over 3%  year-to-date.  Currently there are 48 active listings in Brookside, with a median list price of $422,500 and 70 days on market.  Over half of the homes for sale are priced over $400,000.

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

 

Waldo Home Sales Stats-Oct 2018

Home prices in Waldo continue their upward trend…I think they will surpass Brookside in terms of percentage rise in 2018.  We’ll see! For now, here are the October single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

October 2018                                                           October 2017

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

Median sales price:     $221,125                           Median sales price:    $195,000

No. of homes sold:        29                                     No. of homes sold:       22

Days on market:           20                                      Days on market:           5

The lowest sales price last month was $134,000 and the highest sale was $425,000.

Here are year-to-date figures:

Jan-Oct 2018                                                           Jan-Oct 2017

Median list price:        $200,000                         Median list price:       $179,900

Median sales price:     $206,500                         Median sales price:     $180,000

No. of homes sold:       324                                 No. of homes sold:      324

Days on market:          18                                   Days on market:           12

Home prices are up over 14% YTD for Waldo..and as you can see, many buyers paying over the asking price.  Currently there are 36 single family homes for sale in Waldo, with a median price of $222,000 and 43 days on market.  The lowest price is $85,000 and highest list price is $384,950.

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