Brookside Home Sales Stats-March 2017

We are all in  the typically strong Spring home buying season and inventory is still pretty low compared to demand.  However, I know sellers are busy getting their homes ready to list and the next couple of months will bring even more houses for sale.  Here is the March 2017 Brookside single family home sales report, using stats from zip code 64113:

March 2017

Median list price:        $395,000

Median sales price:    $395,000

Number of homes sold:    34

Days on market:               28

The lowest closed price was $200,000 and the highest was $803,000.

March 2016

Median list price:        $384,250

Median sales price:    $379,500

Number of homes sold:   34

Days on market:              28

Checking year-to-date figures:

Jan-Mar 2017

Median list price:        $394,230

Median sales price:    $397,000

Number of homes sold:  50

Days on market:             37

Jan-Mar 2016

Median list price:         $389,000

Median sales price:     $382,000

Number of homes sold:   57

Days on market:              34

So far, median prices are up 3.2% the first quarter of 2017 compared to first quarter 2016.  Fewer homes for sale means less for buyers to chose from and prices get pushed up.  There is still a strong demand for Brookside properties priced from $200-$350K.  Currently there are 34 active single family home listings in Brookside, with a median price of $772,000.  Most of the active listings-21 homes-are $500K and more; 9 properties are priced over $1million.

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