Brookside home values continue to climb over last year–good news for sellers AND buyers. Sellers are getting more money for their properties and buyers know they are purchasing in a desirable, valuable area. Here are the home sales stats for October 2012 in the main Brookside zip code of 64113:
In October 2012, 29 single family homes sold. The average list price was $482,245 and the average sales price as $429,287. Average days on market: 159.
In October 2011, 12 single family homes sold. The average list price was $397,096 and the average sales price was $372,371. Average days on market: 238.
Checking year-to-date figures:
From January-October 2012, 255 single family homes sold with an average sales price of $331,777 and 111 days on market.
From January-October 2011, 174 single family homes sold with an average sales price of $302,428 and 138 days on market.
Although we’ve seen consistently higher averages sales prices this year, the Oct 2012 figures show a large jump. Part of the reason is there were two multi-million dollar homes sold in October that pushed up the average sales price.
As we get into the holiday season and winter weather, sales will slow down. Still, I think this year Brookside has seen a full recovery from the bottom of the housing crash. Interest rates should stay low, and I expect Spring of 2013 will be very strong for sales in our area.
If you would like detailed information on sales in your area, email me anytime!
(All figures taken from Heartland MLS and deemed reliable but not guaranteed.)