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.)

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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.

photo west

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.

photo east

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.)

Brookside Holiday Season Opener on Thursday 11/9/17

Time to get inspired early for holiday gift giving!  Join your friends and neighbors for Brookside’s Holiday Season Opener this Thursday, Nov 9, 2017.

Many shops and restaurants will be open with special hours and deals…start ad Wornall and 63rd St and head east along 63rd.  There will be free hot coffee and hot chocolate; live holiday music sung by local school kids and extended hours for merchants through the weekend.

Also, remember Worlds Window is hosting it’s 8th annual fundraiser for Rose Brooks.  Bring your new or gently used coats/sweaters for women and kids to the shop prior to Nov 9–then you will receive a 20% coupon to use during the Holiday Season Opener.

Thank you for supporting locally owned Brookside businesses!

Brookside Home Sales Stats-Sept 2017

The housing market continues to favor sellers in Brookside, especially in the desirable $300-$400 price range.  Units sold are almost half of last years’ September figures, due to lack of inventory in this price category.  Here are the single family home sales for the Brookside zip code of 64113, and year to date comparisons:

September 2017

Median List Price:     $349,000

Median Sales Price:   $333,000

No. of Homes Sold:         17

Days On Market:               8

September 2016

Median List Price:       $380,000

Median Sales Price:     $375,000

No. of Homes Sold:          29

Days On Market:              44

The lowest sold price last month was $195,000 and the highest was $520,000.  In September 2016, there were several sales over $600K, including a $1.25 million dollar sale, so that’s why last year’s median price is higher than 2017.  Still, home went under contract very fast last month–under ten days on market.

Checking year-to-date figures:

January-September 2017

Median List Price:      $379,000

Median Sales Price:    $365,000

No. of Homes Sold:       225

Days on Market:             18

January-September 2016

Median List Price:      $359,250

Median Sales Price:    $353,500

No. of Homes Sold:        252

Days on Market:             35

Due to less inventory this year, prices are up and homes are going under contract faster.  Median sales prices increased 3.25% compared to last year.  Currently there are 50 homes for sale in the Brookside zip code of 64113, at a median price of $557,500 and 62 days on market.  Over half – 27- of the homes are priced over $500K.  

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