How is your summer so far this year? Are you admiring all the bright green grass and blooming flowers in Brookside? Many potential homebuyers are…prices are up once again for May, 2015. We are in the middle of the busiest part of the year for home sales, and Brookside continues to be a desirable location for new residents. Let’s look at the single family home sales for May, 2015 for the main Brookside zip code of 64113:
In May 2015, 46 homes sold. The median list price was $320,000 and the median sales price was $3310,000. Average days on market: 29.
In May 2014, 36 homes sold. The median list price was $304,900 and the median sales price was $293,000. Average days on market: 32.
The lowest sale price last month was $165,500 and the highest was $1,165,000 on the 800 block of W 55th St, cash.
Checking year to date figures:
From January through May 2015, 118 homes sold with a median list price of $325,000 and median sales price of $319,000 and 47 days on market. The $1.6 million sale referenced above is the highest for the current year.
From January through May 2014, 103 homes sold. The median list price was $314,000 and median sales price was $300,000 and 37 days on market.
So far Brookside home values are ahead of last year by 6.3%!
Currently there are 63 active single family homes for sale in Brookside (zip 64113) with a median price of $475,000 and 48 days on market. Ten homes are priced over $1million; 26 of the 63 for sale have a price tag over $500,000. This pushes the median price up. Still a lack of good inventory for buyers in the $250-$350 range.
(All stats taken from Heartland MLS and deemed reliable but not guaranteed).