Brookside Home Sales Report – May 2018

Up, up, up….Brookside home values continue to rise in this busy spring/summer buying season.  There is always a lull around Memorial Day..still, due to lack of inventory, prices keep going up because there aren’t enough homes for sale to meet demand, particularly in the under $400K price category.  Here are the home sales stats for May 2018, using the main Brookside zip code of 64113:

May 2018                                                                              May 2017

Median list price:     $374,500                                     Median list price:    $332,500

Median sales price:  $383,500                                   Median sales price:  $341,500

No. of homes sold:      29                                               No. of homes sold:    40

Days on market:          9                                                 Days on market:        4

Homes are still selling in a very short amount of time after they are listed; and sellers are often paying over asking price, possibly due to bidding wars. The highest sale last month was $1.4 million, and the lowest was $221,000–which was $11K over the list price. 

Here are year-to-date stats:

Jan-May 2018                                                                        Jan-May 2017

Median list price:    $399,900                                       Median list price:      $379,995

Median sales price:  $383,500                                   Median sales price:   $360,000

No. of homes sold:      101                                               No. of homes sold:      119

Days on market:         10                                                   Days on market:          18

So far this year,  prices are running 6.5% over the same period last year–and selling quicker.  Currently there are 49 listed single family homes in Brookside, with a median price of $544,000 and 31 days on market. Just 17 of those homes are priced under $400,000.  The lowest list price is $229,000 and highest is $4.25 million.

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

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Rockhill Gardens Home For Sale!

Rockhill Gardens is one of the most popular Brookside/Waldo area subdivisions..and I just listed a terrific home here!  It’s located at 400 E 71st Terrace, on the corner of 71st Terrace and Oak. Check out this curb appeal!

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What’s so special about this Tudor style home is that it retains the original charming details yet is updated for today’s buyer! Featuring a popular  two story, center hall floorplan, it has three bedrooms and two full baths, plus a partially finished basement.  The living room features a wood burning fireplace, and the French door opens to a cozy side room–perfect for small playroom or reading nook.

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The kitchen was recently updated, with new flooring, paint, cooktop and fridge.  Extra bonus–a spacious pantry!  The attached garage is just off the kitchen.

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Note the large, light filled dining room with original arched windows!

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The sellers have transformed the backyard since ownership, adding a patio, fresh sod and privacy fence.

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Other important updates:  newer roof, HVAC, exterior paint and sewer line.  You can’t beat this location–walk to Waldo shops, services, restaurants and Bier Station!  The address is 400 E 71st Terrace, offered at $315,000. Contact me at mary.hutchison@kansascityhomes.com if you would like more detailed information.

Brookside Home Sales Report-March 2018

The busy spring home buying season is here and buyers are hungry for fresh listings, especially those priced at $350K or less.  Let’s take a look at the Brookside home sales report for March 2018, using the main Brookside zip code of 64113:

March 2018                                                                 March 2017

Median list price:       $429,000                                Median list price:       $395,000

Median sales price:    $394,000                               Median sales price:    $395,000

No. of homes sold:         23                                       No. of homes sold:        23

Days on market:             14                                       Days on market:           34

Notice the median sales price is virtually the same as a year ago, and number of homes sold is the same.  Homes this year went under contract in a shorter amount of time–just two weeks. The lowest sales price last month was $255,000 and the highest was $1.1 million.

Year to date figures below:

Jan-March 2018                                                           Jan-March 2017

Median list price:      $387,450                                   Median list price:       $397,000

Median sales price:   $373,000                                 Median sales price:    $394,000

No. of homes sold:         52                                        No. of homes sold:      50

Days on market:            25                                          Days on market:          37

Although the median sales price is lower YTD this year compared to last, I don’t think that signals an overall slump in sales prices.  We have such a wide range of prices in Brookside–I think the lower median number reflects more ‘lower’ priced homes selling, and that’s where the demand is (not for $500K and over).  Also, note the trend of more homes closing and going under contract in a shorter amount of time compared to 2017 YTD.

Currently there are 33 active listings in zip code 64113.  The median list price is $529,950 and 33 days on market. Prices range from $$249,000 up to $2.89 million.  Sixteen homes are priced over $500K.

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

Home For Sale in Brookside East

Know anyone looking for a Brookside home?  This new listing of mine could be the one!

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This house features a bungalow floor plan, with two bedrooms on the main level and a spacious master suite on the second floor.  It’s updated and move in ready:  refinished hardwood floors, fresh interior paint featuring a formal living and dining room, plus cozy side screened porch.  All windows have been replaced as well!

 

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Check out this kitchen–newer cabinets, backsplash, solid surface counters and Hansgrohe faucet over the sink.  The back door leads to a yard with deck and one car garage.  

 

 

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You will love this huge master suite on the second floor!   Newer windows fill the bedroom with lots of natural light. The full bath offers a dual vanity, easy to clean Onyx shower, jetted tub and walk in closet!!!  

 

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Other improvements include a new roof, new sewer line, updated electrical work, radon system installed and refinished hardwoods.  Very desirable location near UMKC and a few blocks from the growing Brookside East area featuring several shops, restaurants, bakery and services.  Offered at $245,000.  This house has the charm and updates a Brookside buyer wants!  

Contact me for more information. Come home to Brookside!

 

Brookside Home Sales Stats-Jan 2018

It’s the beginning of a new year and home buyers are out, ready to see fresh inventory in the housing market.  2017 was a strong year for Brookside home sales–median prices were up 10.2% over 2016.  Let’s see what the market did last month–I’m using the Brookside zip code of 64113 to check single family home sales.

January 2018                                                                     January 2017

Median list price:     $429,450                                       Median list price:     $395,000

Median sales price:  $416,250                                       Median sales price:  $388,500

Days on market:            37                                               Days on market:             36

No. of homes sold:        17                                               No. of homes sold:         13

 

The 2018 median sales price was far ahead of 2017; however more expensive homes sold last month–highest sale was $1.6 million and lowest was $185,000.

Because January is the first month of the year to track stats, there are no YTD comparisons yet…those figures will be reported next month.

Currently there are 25 active listings in Brookside, with a median price of $615,000 and 55 days on market. Note that only five homes are priced under $350K–the sweet spot for most Brookside homebuyers.  Six homes are priced over $1 million.

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

Crosswalk Changes Planned for Brookside Shops Area

Fortunately we have many crosswalks in Brookside and most drivers are respectful of the pedestrians and runners we have on the streets and sidewalks.  However, you should know about the  changes planned for one of the most popular areas: the crosswalk on 63rd St between Michael Forbes Grill and Panera Bread.

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This crosswalk will be eliminated within the next few months.

The plan is to eliminate the crosswalk at this intersection and improve the crosswalk to the  west that  connects the two parking lots (behind Midwest Bank on the north and the future Starbucks location on the south) across 63rd St.  A pedestrian signal will also be installed  with a flashing red stop for the traffic.  This west crosswalk isn’t very far from the stoplight at 63rd and Brookside Blvd.  So when the updated crosswalk work is complete, it sounds like there will be a second light signal, (the new pedestrian one), also stopping vehicles  less than a block away from the 63rd and Brookside stoplight.  It will be interesting to see how that works out from a traffic perspective.  I’m sure there will continue to be many people crossing 63rd St between Michael Forbes and Panera, even if the crosswalk there is eliminated.  If the changes keep the cars, trucks and buses moving at a slower pace–it’s well worth it.

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Another view of the crosswalk scheduled to be removed on 63rd between Michael Forbes and Panera Bread.

 

This project was planned to be done before the St Pat’s Day parade but as with most City projects, will be delayed and hopefully completed before the Brookside Art Annual in May.

As a side note, Starbucks plans to open by the Art Annual.

Brookside Home Sales Stats-Oct 2017

As we wind down toward the end of the year, home sales typically slow down.  Brookside home prices continue to beat 2016–it will be interesting to see exactly how much for the year  when I post final 2017 stats in January.  For now, here is the October 2017 single family home sales report for the Brookside zip code of 64113:

October 2017

Median list price:     $399,000

Median sales price:  $395,000

No. of homes sold:       25

Days on market:           32

The lowest closed sales price was $235,000 and the highest was $646,850.

October 2016

Median list price:      $329,975

Median sales price:   $324,975

No. of homes sold:       30

Days on market:           21

Year to date figures:

Jan-Oct 2017

Median list price:        $382,447

Median sales price:     $373,750

No. of homes sold:        256

Days on market:             18

Jan-Oct 2016

Median list price:       $352,500

Median sales price:    $350,000

No. of homes sold:        282

Days on  market:            34

Year-to-date, Brookside home prices are up 6.5% over 2016 and homes are selling faster.  Currently there are 38 active listings, with a median list price of $557,000 and 56 days on market.  Note that over half – 20 homes-are priced over $500,000 with seven of those at $1 million or higher.  

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