Brookside Home Sales Report – May 2016

We are in the peak of Spring home buying season…demand is still very strong for  our Brookside neighborhood.  Here are the single family home sales stats for Brookside (zip code 64113) for last month, and comparisons to last year:

May 2016

Median list price:               $364,500

Median sales price:           $360,500

Average days on market:    43

Number of homes sold:       37

(Lowest sales price was $182,000; highest sales price was $1.275 million.)

May 2015:

Median list price:                $322,500

Median sales price:            $312,500

Average days on  market:     29

Number of homes sold:         46

Now let’s check year to date figures:

2016

Median list price:         $373,750

Median sales price:     $367,950

124 homes sold; average 41 days on market

2015

Median list price:         $325,000

Median sales price:     $319,250

118 homes sold; average 41 days on market        

Comparing the year to date median sales prices, Brookside homes are selling for 15% more than last year.  Wow.  Do keep in mind that the numbers can be skewered somewhat each month depending  if more lower priced homes sell (under $500K) or higher (over $500K and over $1,000,000).  Our zip code has a wide range of home prices, depending on size, location, updating.  However, the important point is that homes are gaining value, and buyers know that Brookside is a desirable place to live!    

Currently, there are 46 active single family home listings in the Brookside zip code of 64113.  The median list price is $687,000..because just seventeen of those homes are priced under $500K; ten are priced over $1 million. (All figures taken from Heartland MLS; deemed reliable but not guaranteed)

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