Home sales in Brookside are still strong as we head into the fall season…and prices continue to rise. Here is the single family home sales report for Brookside (zip code 64113) for September 2016, and comparisons to last year:
Median list price: $380,000
Median sales price: $375,000
Average days on market: 44
Number of homes sold: 29
(Lowest sales price was $180,000; highest sales price was a cash purchase of $1,285,000).
You can see that sellers are getting very close to the asking price during contract negotiations. Eleven of the homes that closed last month were at or above asking price.
Median list price: $375,000
Median sales price: $362,500
Average days on market: 34
Number of homes sold: 22
Compared to one year ago, more homes sold in September of 2016 and at a higher median price…a few more days on market.
Now let’s check year to date figures:
2016, January to September
Median list price: $359,750
Median sales price: $356,000
250 homes sold; average 35 days on market.
2015, January to September
Median list price: $326,777
Median sales price: $325,000
269 homes sold; average 38 days on market.
Fewer homes have sold, pushing prices up due to a lack of inventory. Brookside home values are up 9.5% YTD compared to 2015!
Currently there are 44 active single family listings in the Brookside zip code of 64113; just over half (25) are priced over $500,000. The median list price is $637,000.
(All information taken from Heartland MLS; deemed reliable but not guaranteed.)