Brookside Home Sales Stats-May 2021

We all know this is a crazy housing market–not just in Kansas City, but across the USA. And the sales stats for last month in Brookside are nothing I’ve seen before–it is a stunning example of how little inventory we have and how fast homes are selling. I’m using the main Brookside zip code of 64113, single family homes–take a look:

May 2021                                                                                       May 2020

Median list price:      $480,000                                                   $457,450

Median sales price:  $480,000                                                   $447,250

No. sold:                             7                                                             36

Days on market:                                                                            25

Just seven homes closed last month–compared to 36 in May 2020! And how can a house have zero days on market? That means the house wasn’t really listed on the open market–may have been a one time showing to a buyer who said “I’ll take it” or perhaps a For Sale By Owner property. Highly, highly unusual–especially during the usual busy Spring listing season.

Here are the year-to-date numbers:

Jan-May 2021                                                                                Jan-May 2020

Median list price:      $434,000                                                   $419,000

Median sales price:   $450,500                                                  $410,000

No. sold:                             119                                                        129

Days on market:               2                                                             10

Home values are up 7% year to date with buyers paying about 3.8% over the list price. Most Brookside houses go under contract within two days. Currently there are thirteen single family homes for sale in zip code 64113 with a median list price of $569,900 and 24 days on market. Over half the homes are priced over $500,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

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