Brookside Home Sales Report – April 2018

Another month of strong home sales for Brookside, as we are right in the middle of the busy Spring home buying season.  The strongest demand is for the under $300K price range, however most homes in Brookside’s  main zip code of 64113 are priced higher (and in fairness, these higher priced homes are much larger, justifying a higher price). Here are the stats, followed by YTD comparisons:

April 2018                                                                             April 2017

Median list price:     $409,000                                      Median list price:    $399,000

Median sales price:  $397,000                                      Median sales price:  $384,000

No. of homes sold:       21                                             No. of homes sold:    28

Days on market:           6                                               Days on market:       17

The lowest sales price last month was $221,000 (closed at $3K over list price) and the highest was $1.2 million.  

Jan-April 2018                                                                    Jan-April 2017

Median list price:        $404,900                                 Median list price:     $399,000

Median sales price:     $387,000                                 Median sales price:  $393,461

No. of homes sold:       72                                           No. of homes sold:     79

Days on market:           16                                           Days on market:       34

Year to date, median prices have decreased just under 2% from last year, however, part of that decrease is due to the fact the higher priced homes ($500K+) rarely sell for list price.  We’ve had four sales this year over $1 million.  Currently there are 47 active listings in 64113, with just 15 of those homes priced under $400K; highest list price is $4.5 million. Median list price is $535,000 and 33 days on market.

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