Brookside Home Sales Report – April 2017

Home prices continue to rise in Brookside.  Due to a shortage of inventory, prices are going up, multiple offers are common–especially for homes priced under $400K.  Plus, Brookside homes look extra beautiful during Spring!  Here is the April 2017 Brookside single family home sales report, using stats from zip code 64113:

April 2017

Median list price:        $399,000

Median sales price:    $360,000

Number of homes sold:    29

Days on market:               17

The lowest closed price was $237,500 and the highest was $1.5 million.  

April 2016

Median list price:        $375,000

Median sales price:    $371,500

Number of homes sold:   30

Days on market:                41

Checking year-to-date figures:

Jan-Apr 2017

Median list price:        $399,000

Median sales price:    $394,230

Number of homes sold:  78

Days on market:               35

Jan-Apr  2016

Median list price:         $379,000

Median sales price:     $375,000

Number of homes sold:   87

Days on market:                35

So far, median prices are up 5.1% this year compared to same time period in 2016. Fewer homes are selling…because there are fewer homes for sale. There is still a strong demand for Brookside properties priced from $200-$350K.  Currently there are 38 single family homes for sale in zip 64113, with a median list price of $612,425.  Over one half of the homes on the market are $500K or higher.

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

Advertisements