Home sales in Brookside are not slowing down…last month, prices rose quite a bit compared to September 2023. Let’s take a look–using single family home sales in the main Brookside zip code of 64113:
september 2024
september 2023
Median list price:
$575,000
$450,000
Median sales price:
$585,000
$471,000
Days on market:
7
2
No. of homes sold:
23
13
There was a jump of 24% in the median sales price; partly driven by three $1,000,000 homes selling last month; the highest closed price was $1,070,000 and the lowest was $305,000. Below are the year-to-date numbers:
jan-sept 2024
jan-sept 2023
Median list price:
$550,000
$554,000
Median sales price:
$575,000
$576,000
Days on market:
3
3
No. of homes sold:
198
192
You can see the YTD stats are very similar to 2023..many homes selling for almost 5% over asking price and the number of homes changing owners remains steady. Currently there are 26 homes for sale in Brookside with a median list price of $629,000 and 47 days on market. Twenty of the homes for sale are priced over $500K; 9 are over $1,000,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
The home sales stats for this month–and year to date–capture the idiosyncratic market we are in. Home prices are down, yet buyers still paying over asking price. Interest rates have trickled down, yet not enough inventory for those who want to buy. Let’s take a look at the details; I’m using the main Brookside zip code of 64113 for the numbers:
august 2024
august 2023
Median list price:
$582,000
$637,500
Median sales price:
$602,500
$645,000
Days on market:
2
2
No. of homes sold:
30
20
You can see that the median sales price dropped 6.5% from last August; yet buyers paying about 3% over the asking price. More homes changed owners as well and still go under contract quickly. There were five $1,000,000+ sales last month; the lowest closed price was $350,000. Here are the YTD figures:
jan-aug 2024
jan-aug 2023
Median list price:
$550,000
$575,000
Median sales price:
$575,000
$582,000
Days on market:
3
3
No. of homes sold:
175
179
So far this year, prices are down slightly, just 1.2% and the number of homes sold remains steady. We are still experiencing some bidding wars! Buyers are paying about 4% over list price. Currently there are 23 homes for sale in Brookside, with a median price of $635K; eight homes are listed at over $1,000,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Home prices in Brookside jumped up compared to July 2023; overall, prices have slipped. The number of homes changing owners remains fairly steady. Let’s take a look at the details; these stats reflect single family home sales in the main Brookside zip code of 64113:
JULY 2024
JULY 2023
Median list price:
$650,000
$535,000
Median sales price:
$650,000
$570,000
Days on market:
2
2
No. of homes sold:
29
29
It’s unusual that the median list price is exactly the same number as the median sales price; and consistently, most of homes that do go on the market sell fast. Compared to July 2023, prices jumped 14%! There were six million dollar plus homes that closed last month; the highest was $1,890,000 and the lowest sales price was $400,000. Here are the year to date stats:
jan-july 2024
jan-JULY 2023
Median list price:
$549,000
$575,000
Median sales price:
$566,000
$577,000
Days on market:
3
3
No. of homes sold:
145
159
And here we have….many buyers paying over the list price, as reflected in the median sales price being 3% over the asking price. Yet, home prices are down just 2% from 2023.The drop in price is not drastic and because most moderately priced homes go under contract quickly–there is still a lot of demand for $500K and under homes. Currently there are 27 active listings in Brookside; the median asking price is $570,000 and 39 days on market. There are five homes priced over $1,000,000 and just 11 properties priced under $500K.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Halfway through the year, fewer homes in Brookside are selling, and prices have cooled somewhat. Yet most buyers still paying list price or above. What does this mean? I have some comments at the end of the blog; first let’s take a look at the stats. I’m using the main Brookside zip code of 64113 for the report:
JUNE 2024
JUNE 2023
Median list price:
$550,000
$580,000
Median sales price:
$567,500
$593,250
Days on market:
2
2
No. of homes sold:
24
40
The lowest closed price last month was $395K and the highest was $1,235,000. Buyers paid about 3% over list price; yet home prices dropped 4.3% from a year ago–that’s practically a wash right there. Fewer homes changed owners as well.
Here are the year-to-date numbers:
JAN-JUNE 2024
JAN-JUNE 2023
Median list price:
$535,000
$575,000
Median sales price:
$553,500
$578,500
Days on market:
3
3
No. of homes sold:
115
130
The YTD stats reflect the monthly data for June: buyers paying around 3% over list price and home prices dropped 4%; homes are still selling within a few days of listing. In my opinion, the lower prices reflect the impact of higher interest rates–sellers more aware of pricing correctly and buyers more aware of their budgets. Fewer home sales indicate more owners prefer to stay put; those that do sell still have an eager pool of buyers wanting to purchase in the neighborhood.
Currently there are 24 single family homes for sale in Brookside, with a median list price of $691,000–a high number because the majority of homes are priced over $500K with 7 homes asking over $1,000,000. The lowest asking price is $350K and the highest is $8.5 million.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
If you are a bagel lover as I am, you know how challenging it can be to find a bagel like the kind you can buy in New York City. The situation is similar to pizza: so many different kinds and ways to make them; buying frozen bagels or pre packaged bags at the grocery store – NOT even worth the money in my opinion. So I was very excited to learn about Brookside Bagels, available at the Brookside Farmers’ Market…and lovingly made nearby at a Brookside home kitchen.
Owner James Holler would visit NYC a few times a year and loved the bagel sandwiches he bought there; however he was discouraged that he could not find a comparable bagel here in KC. Along with his wife Carley, he started to bake them at home, tinkering with various recipes. His home based CPA job originates in Phoenix, so due to his later business hours, James spent early mornings watching YouTube videos for inspiration. He started giving samples to friends, getting good feedback and kept on baking, finally settling on a recipe using only organic flour, yeast, salt, water and barley malt syrup. In April, James and Carley opened their stand at the market… and now sell out every week.
James and Carley Holler started Brookside Bagels
If you’ve ever tried to make bagels from scratch, you know it is a time consuming process. James mixes and preps the dough on Friday, and gets up at 4am on Saturday to start baking hundreds of bagels. He hand rolls and boils each one and even makes his own “everything” seasoning–the everything bagel is his top seller; he also sells sea salt, sesame seed, poppy seed, blueberry and chocolate chip flavors. Customers can order ahead and pick up at the market; on rare Saturdays Carley can’t operate the booth, she will deliver the bagels to your Brookside area home–that is rare, dedicated customer service!!!
At this time, there are no plans to expand to a commercial bakery operation or retail storefront; James likes controlling the quality and output from his Armour Fields kitchen. “We are relatively new to the Brookside area and really feel the love from our customers. We are excited to stay here, grow as a family and keep providing high quality bagels to Brookside” says James. As the website states, the mission is to “craft each bagel with care, using traditional techniques and high quality ingredients” for the customer. And if you are a bagel lover, you’ll agree these are very high quality bagels!
Find out more about Brookside Bagels at their website or Instagram page (brookside.bagels) –or just stop by their booth on Saturdays at the Brookside Farmers’ Market!
Homebuyers are pushing prices up in Brookside; yet year to date, the median sales priced dipped from last year. What’s going on?? Let’s take a closer look at the numbers. I’m using the main Brookside zip code of 64113, single family home sales, for these stats:
MAY 2024
MAY 2023
Median list price:
$695,000
$575,000
Median sales price:
$725,000
$582,000
Days on market:
3
2
No. of homes sold:
25
28
The closed sales price was way up– 24% compared to 2023; and most buyers still paying over list price by about 4%. There were 4 million dollar + sales last month; the lowest closed price was $380K and the highest was $3.350 million cash. Only five homes closed under $500K; because most Brookside homes that closed were well over $500K, the median sales price was pushed way up compared to last year. The number of homes changing owners remains consistent. Here are the YTD figures:
JAN-MAY 2024
JAN-MAY 2023
Median sales price:
$535,000
$567,000
Median list price:
$553,500
$576,000
Days on market:
3
4
No. of homes sold:
91
91
So far this year, prices are down around 4% compared to 2023; yet again, most buyers are paying over the list price. We’ve had ten $1million + homes close this year. And consistently, most houses are under contract within a few days no matter what the price.
Currently there are 18 listed single family homes in Brookside, with a median list price of $587,500 and 25 days on the market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Smell the fresh cut grass, admire the colorful flowers, sleep with the windows open and a cool breeze at night…Spring is here in Brookside! For Sale signs are stuck in front yards, advertising homes on the market. Let’s take a look at the April sales stats for single family homes in Brookside:
APRIL 2024
APRIL 2023
Median list price:
$497.250
$519,000
Median sales price:
$523,000
$516,000
Days on market:
2
3
No. of homes sold:
22
17
Most buyers paid over the list price by about 5%; a few more contracts closed and prices were up a modest 1.3% compared to April 2023. The lowest closed price was $300K and the highest was $1,050,000. Here are the year-to-date numbers:
JAN-APRIL 2024
JAN-APRIL 2023
Median list price:
$499,950
$550,000
Median sales price:
$517,500
$537,250
Days on market:
3
7
No. of homes sold:
66
62
Here we see something unusual; prices were down 3.6% YTD over 2023; yet most buyers paying over list price. A few more homes changed owners this year. Currently there are 19 homes listings in Brookside with a median asking price of…..$920,000!! Most homes are priced over $500K, including 7 homes over a million. The lowest priced home is $450,000 and the highest is $8.5 million.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
As we head into the usually busy Spring home buying season, it’s interesting to note that overall, home prices are trending downward; however buyers are still paying over list price. That sentence…can seem confusing, especially if you are in the market as a buyer. Let’s take a look at the numbers; I’m tracking single family home sales in the main Brookside zip code of 64113:
March 2024
March 2023
Median list price:
$475,000
$657,000
Median sales price:
$520,000
$650,000
Days on market:
2
12
No. of homes sold:
17
16
Here we see that the number of homes sold remains steady, and buyers paid 9.5% over the asking price. Compared to March 2023 however, home prices are down 20%. Last month the lowest closed price was $260,000 and the highest was $1.3 million. Ten of the 17 homes sold were priced over $500K and two were over $1,000,000.
Here are the year-to-date trends:
JAN-March 2024
JAN-March 2023
Median sales price:
$510,000
$550,000
Median list price:
$517,500
$542,500
Days on market:
3
19
No. of homes sold:
44
45
These YTD numbers aren’t as drastic but still reflect the trend: about the same number of homes are changing owners; buyers pay over asking price (YTD about 1.5%) and values are down 4.6%.
Currently there are just 12 homes for sale in the 64113 zip code, with a median list price of $974,500. Only one home is priced under $500K and five have prices over $1,000,000. There is just not enough inventory at the under $500K price point and when there is–the home goes under contract within a day or two.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
The busy Spring home buying market started early this year–every week I see more homes coming on the market and getting snatched up quickly! Home values in Brookside continue to climb-let’s take a look at the numbers. I’m reporting for the main Brookside zip code of 64113, single family home sales:
february 2024
february 2023
Median list price:
$638,000
$650,000
Median sales price:
$630,000
$650,000
Days on market:
11
3
No. of homes sold:
11
13
Although the median sales price was down 3% compared to a year ago, most sellers last month closed close to asking price. There were three $1,000,000+ sales last month; the highest was $2,000,000 and the lowest was $318,000. Most homes sold well over $500K. Here are the year-to-date stats:
jan-feb 2024
jan-feb 2023
Median list price:
$515,000
$439,000
Median sales price:
$515,000
$430,150
Days on market:
9
47
No. of homes sold:
27
17
Year-to-date, home values are up over 19% compared to 2023, and more homes are selling in a shorter amount of time. Part of the higher median price can be attributed to more higher priced homes selling–over half the homes that closed were over $500K, and we’ve had four multi-million dollar sales in the first two months of the year.
Currently there are just 10 homes listed in the 64113 zip code, with a median price of….$1,222,500 and 28 days on the market. None of the currently listed homes are under $500K; there are five priced over $1,000,000 with the highest list price at $8.5 million.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
And another year has begun; it was quite a month we had, with weeks of frigid temps, frozen pipes, Restaurant week and football playoff games – congratulations again Chiefs! Last year finished strong for Brookside home values, up 15% from 2022. All indications point to another busy buying season with bidding wars for the priced right properties. Let’s take a look at what happened last month; I’m tracking single family home sales in the main Brookside zip code of 64113:
january 2024
january 2023
Median list price:
$437,500
$429,975
Median sales price:
$445,000
$430,075
Days on market:
4
49
No. of homes sold:
16
16
Already prices are up around 4% compared to a year ago. Last month the lowest sales price was $312,000 and the highest was $1.195 million. Currently there are 12 homes for sale in Brookside with a median list price of $924,950! The reason for that high number is this: only two homes are listed under $500K; and there are 5 listings over $1,000,000. Most buyers want an under $500K price tag.
If you are thinking of selling or buying in the Brookside/Waldo area–contact me for a market analysis. There are always people who want to sell and buy; making the perfect connection is what I do!
Inside Brookside (And Waldo) 