Tag Archives: Brookside home sales statistics

Brookside Home Sales Stats – June 2013

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Checking the Brookside home sales statistics for June 2013 (single family homes in zip code 64113), there’s been a bit of a bump in the road compared to the previous months of this year.  Unit sales and average price is down, reversing the trend we’ve seen since January.  Let’s look at the numbers in detail:

In June 2013, 38  homes sold.  The average list price was $313,949 and the average sales price was $308,499.  Average days on market: 45.

In June 2012, 53  homes sold.  The average list price was $329,457 and the average sales price was $319,169.  Average days on market: 117.

Last month (May 2013), the average sales price in Brookside was $395,684.  Why the  large drop?  In this zip code, we have home prices ranging from $150K-$5million.  When several of the upper bracket homes sell in one month (those priced over $500K), the average sales price is pushed way up.  That’s what happened in May.  In June, the highest sales price was $545K.  In May 2013, there were four sales over $500,000, including one well over $1million. So we had a much lower average sales price in June.  

Let’s compare year-to-date figures:

In the first six months of 2013, 150  homes sold with an average sales price of $333,141 and 94  days on market.

In the first five months of 2012, 135 homes sold with an average sales price of $310,790 and 116 days on market.

Overall, prices are up this year, and it’s taking less times for homes to sell.  That’s a good trend!

Currently there are 82 single family homes for sale in zip 64113, with an average price of  $769,058.  The average sales price is high because 35 of the 82 homes for sale are priced over $500K.  As of this writing, the highest priced home is at 5550 Ward Parkway, priced at $50 shy of $5,000,000.

If you would like specific sales numbers for your neighborhood, email me for a report tailored to  your area!

(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)

Brookside Home Sales Stats – May 2013

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Every month so far this year, home prices in Brookside have risen.  This month, the jump is quite high!  Let’s look at the stats for May  2013 single family home sales in the main Brookside zip code of 64113:

In May 2013, 29  homes sold.  The average list price was $413,645 and the average sales price was $395,684.  Average days on market: 119.

In May  2012, 27  homes sold.  The average list price was $313,144 and the average sales price was $303,025.  Average days on market:  87.

The average sales price jumped about $100,000  compared to last year.  Although prices are up, the large increase in May is due to a $1.7 million dollar home closing–the highest sale so far in our zip code this year.  Also there were four sales over $500K.  The average days on market is higher because it took many months to sell the million dollar home, thus pushing up the average days on market.   

Let’s compare year-to-date figures:

In the first five months of 2013, 111  homes sold with an average sales price of $347,223 and 112  days on market.

In the first five months of 2012, 82 homes sold with an average sales price of $305,274 and 114 days on market.

You see that the average sales price is way up year-to-date, and average days on market is about the same.  During the housing slump, the more expensive homes just sat on the market–this year they are selling!

Currently there are 91 single family homes for sale in zip 64113, with an average price of  $761,256  and  94 days on market. The average sales price is high because 40 of the 91 homes for sale are priced over $500K; eleven of these are over $1 million.  

If you would like specific sales numbers for your neighborhood, email me for a report tailored to  your area!

(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)

Brookside Home Sales Statistics March 2013

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Brookside !

Brookside !

Fellow Brooksiders, our home values continue to rise this year!  Average sales price is up about 5% from 2012.  Let’s check the numbers for March 2013 single family home sales in the main Brookside zip code of 64113:

In March 2013, 32  homes sold.  The average list price was $361,795 and the average sales price was $343,247.  Average days on market: 108.

In March 2012, 20 homes sold.  The average list price was $315,270 and the average sales price was $302,685.  Average days on market:  113.

The average sales price jumped quite a bit compared to last year; also, more homes sold.  Days on market were relatively the same.  

Let’s compare year-to-date figures:

In the first three months of 2013, 62  homes sold with an average sales price of $324,979  and 86  days on market.

In the first three  months of 2012, 40 homes sold with an average sales price of $310,709 and 105 days on market.

More homes are selling, at a higher average price, and in a shorter amount of time.

Currently there are 70 single family homes for sale in zip 64113, with an average price of   $720,069  and 95  days on market.   The average list price is  high because 31 homes are priced over $500K, and ten of the 31 are priced over $1million.  The highest priced home for sale right now is at 5550 Ward Parkway at $5.195 million.  These figures show us that the moderately priced homes are selling quicker, while the more expensive homes tend to sit on the market longer.  Having so many high priced homes for sale pushes up the average sales price.

If you would like specific sales numbers for your neighborhood, email me for a report tailored to  your area!

(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)

Brookside Area Home Sales Statistics

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Hi fellowBrooksiders …. here are home sales statistics for the main Brookside zip code of 64113, from February 2012:

Eleven single family homes sold in February.  The highest sales price was $650,000; the lowest was $169,275.  The average list price was $315,266, and the average sales price was $296,289.  Average days on market:  144.

In February 2011, ten homes sold.  The highest sales price was $630,000, the lowest was $152,000.  The average list price was $362,830, and the average sales price was $341,545.  Average days on market:  183.

Currently there are approximately 103 homes for sale in zip 64113, with an average list price of $489,046.  The high average price reflects several more expensive homes on the market in the Hampstead Gardens/Sunset Hill areas.  (Note all figures are taken from Heartland MLS, deemed reliable but not guaranteed.)

There certainly is quite a bit of activity as far as showings and open house attendance in Brookside–I’m optimistic for a strong spring buying season!

If you would like home sales statistics for your particular neighborhood, email me!

Kansas City/Brookside Area Home Sales Stats

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I contemplated a more negative title for this blog post, as the news I have is not good.  But I try to be an upbeat person, believing one can choose to have a gloomy attitude or a positive one. I choose positive. Still, the stats speak for themselves.

Jackson County home sales down 31.5% in March 2011, compared to March 2010.  There were 683 units sold this year ; 997 last year. Average sales price dropped 6.2%.  The same for Johnson County:  down almost 23% in March 2011 compared to March 2010. There were 719 units sold this year; 932 in March 2010. Average sales price dropped 3.5%.

Looking closer at the Brookside area, in zip code 64113 there were 18 units sold in March 2010 and 20 units sold in March 2011.  Average sales price was down:  $297,883 compared to $287,995.  Armour Hills had four sold properties in both March 2010 and 2011; average price down from $221,119 in 2010 to $195,500 in 2011.

Prairie Village followed the trend with 32 units sold in March 2010, average sales price $194,632. In March 2011, 26 units sold, average sales price $193,569.

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

Why the drop? I believe it’s because there is no $8000 tax credit for buyers.  There was a sense of urgency last spring for buyers to take advantage of deflated home prices, low interest rates and plenty of inventory.  This spring–lots of inventory, still low interest rates but  no incentive to act before a deadline. The economy hasn’t improved that much for the middle class:  food and gas prices are sharply higher this year compared to last, wages still stagnant. There’s still plenty of time left in the traditionally busy spring buying season for more sales–I hope to see more positive news as the year goes on. Ending on a positive note, I did list a house last month that had two offers in the first week and sold quickly!