Time to check single family home sales statistics for October 2013 in Brookside! Last month there was a small drop in average prices for our neighborhood–nothing to be concerned about and I will explain why. Overall, home sales were strong in October 2013. Let’s look at the numbers:
In October 2013, 24 homes sold. Average list price was $432,271 and average sales price was $405,975. Average days on market was 77.
In October 2012, 29 homes sold at an average price of $429,287 and 123 days on the market.
Average price dropped a bit over last October because one year ago, there were two homes that sold for $1.2 million and 2.5 million–that skewers the numbers up. In October 2013, there was a $1.9 million and $949K sale.
Now let’s compare to year-to-date figures:
From Jan-Oct 2013, 270 homes have sold at an average price of $363,525 and 62 days on market.
From Jan-Oct 2012, 256 homes sold at an average price of $331,259 and 112 days on market.
So far, average sales prices are up 9.75% over last year! And days on market has dropped by half–that means a home typically goes under contract twice as fast as last year.
As of this writing, there are 88 homes for sale in the Brookside zip code of 64113 with an average list price of $695,301. Thirty six homes are priced over $500K, and thirteen of those are priced at $1million and up. Need details for your specific area of Brookside? Contact me for details!
(All figures taken from Heartland MLS and deemed reliable but not guaranteed).