Brookside Home Prices Rise in Feb 2014

It’s the last day of March 2014..and I am just squeaking in to report February 2014 home sales for Brookside!  The year is getting off to a strong start with average prices rising.  Here are the stats for single family home sales in the Brookside zip code of 64113, using median average pricing:

 

In February 2014, 11 homes sold.  Average list price was $305,000 and average sales price was $298,000.  Average days on market:  31. The highest sales price was $657,000 for a home on Morningside Drive; the lowest sales price was an Armour Hills home at $199,900.  

 

In February  2013, 14 homes sold.  The average  sales price was $293,000. Days on market: 135.  

 

You can see the average sales price is higher, and the average days on market is lower.  

 

Checking year-to-date figures:

 

Total homes sold in Jan/Feb 2014 was 24 and at an average sales price of $289,000 and 69 days on market.

 

Total homes sold in Jan/Feb 2013 was 31 and at an average sales price of $265,000 and 99 days on market.

 

It’s true that fewer homes were sold, but average price is up. This reflects the lack of inventory we have so far this year.

 

As of this writing, there are 78 single family homes for sale in the Brookside zip code of 64113 with an average list median price of $450,000. Buyers are actively looking for updated, well maintained homes in the $200-$300K range in our neighborhood.  It will be a busy Spring home buying season!

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

 

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