It’s a brand new year for home sales in Brookside! In 2014, 291 single family homes sold in our Brookside zip code of 64113. That’s about 24 per month. We are getting off to a slower start in 2015–that’s because there is a lack of desirable inventory in the $200-$350K price range. Let’s look at the numbers:
In January 2015, eight homes sold in the Brookside area. The median list price was $279,500 and the median sales price was $275,000. Average days on market: 23.
In January 2014, thirteen homes sold. The median list price was $299,950 and the median sales price was $295,000. Average days on market: 38.
Bonus numbers! Note the wide range of prices in our zip code:
Highest closed sales price in 2014 was $1.445 million; lowest was $160,100.
Highest closed sales price in January 2015 was $930,000 and lowest was $170,000.
Although we are behind compared to one year ago, I’m not concerned. January is typically a slow month for home sales, and inventory is still low. The busy spring buying season is just around the corner so these numbers will go up as we head into warmer weather.
Currently there are 60 single family homes for sale in Brookside (zip 64113) with a median price of $409,000 and 123 days on market. That higher median sales price reflects the lack of lower priced inventory–those homes get snapped up quickly and the higher priced homes sit on the market longer. The lowest price listed home is $$210K; the highest is $4.450 million.
(All figures taken from Heartland MLS; deemed reliable but not guaranteed.)