Brookside Home Sales Report-Aug 2016

As we get into the second half of the year…the home buying market starts slowing down.  Sales have been  strong this year in Brookside (list price under $450K); there is still demand, but most of the inventory is priced well over $500K.  Here is the August  2017 Brookside single family home sales report, using stats from zip code 64113:
Aug 2017
Median list price:        $376,500

Median sales price:    $358,000

Number of homes sold:    24

Days on market:               37
The lowest closed price was $235,000 and the highest was $770,000.
Aug 2016
Median list price:        $328,900

Median sales price:    $322,000

Number of homes sold:   30

Days on market:              13
Sales prices are up 11% compared to last August.  Checking year-to-date figures:
Jan-Aug 2017
Median list price:        $379,995

Median sales price:    $365,000

Number of homes sold:  209

Days on market:              19
Jan-Aug  2016
Median list price:         $357,250

Median sales price:     $351,500

Number of homes sold:   223

Days on market:               34
Year to date, home prices are up 3.8% and going under contract faster than 2016.  Currently, there are 47 homes for sale in Brookside, with a median list price of $589,000.  Over half of the homes on the market are listed over $500,000, pushing that median price way up.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

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Brookside July 2017 Home Sales Report

Home prices continue to rise in Brookside; however the market is slowing down as is usual for the second half of the year.  There is still a shortage of inventory in the $250K-$350K price range..  Here is the July 2017 Brookside single family home sales report, using stats from zip code 64113:

July 2017

Median list price:        $394,975

Median sales price:    $392,500

Number of homes sold:    26

Days on market:                 10

The lowest closed price last month was $211,000.  There were two sales over $1 million, both cash sales. Highest sale in 64113 last month was $1.8 million.   Below are figures from July 2016:

July 2016

Median list price:        $329,900

Median sales price:    $340,000

Number of homes sold:   27

Days on market:               35

Checking year-to-date figures:

Jan-July 2017

Median list price:        $382,447

Median sales price:    $370,000

Number of homes sold:  186

Days on market:               17

Jan-July  2016

Median list price:         $368,450

Median sales price:     $362,500

Number of homes sold:   190

Days on market:                38

So far this year, we’ve had nine sales over $1,000,000; same period last year, there were eight.  

Prices are up about 2% overall this year compared to 2016.  Currently there are 49 homes for sale in Brookside; 29 of those are priced over $500K.  In the high demand price range of $250-$350K, three homes are on market. Median list price is $550,000.

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

Brookside Home Sales Report-June 2017

Here we are, midway through the year, and Brookside homes are still in strong demand for homebuyers, especially those under $500,000.  Let’s look at single family home sales in the Brookside zip code of 64113 for  the month of June 2017:

June 2017

Median list price:            $372,000

Median sales price:        $367,500

No. of homes sold:             40

Days on market:                 20

The lowest sales price was $168,500 and there were two sales over $1,000,000.  Checking last year stats:

June 2016

Median list price:            $344,250

Median sales price:         $342,000

No. of homes sold:              42

Days on market:                 37

Now let’s look at year to date figures:

Jan-June 2017

Median list price:             $375,000

Median sales price:          $360,000

No. of homes sold:             159

Days on market:                 18

Jan-June 2016

Median list price:            $369,000

Median sales price:         $364,500

No. of  homes sold:            166

Days on market:                 41

Technically, the year to date figures show a slight decrease in the median price compared to one year ago but that hasn’t been the usual pattern this year. Prices are generally higher than 2016.  Note the June comparisons show a 7.4% price increase compared to same time last year.  The demand is for homes priced below $500K, especially the $250-$400 range.

Currently there are 42 homes for sale in the Brookside zip code of 64113. However, the median list price is $612,450.  Over half – 25 homes – are priced over $500,000.  The higher priced homes sit on the market longer and push up the median price. The lowest priced home is $210,000 and the highest is $2.5 million.

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

 

 

Brookside/Armour Hills Home for Sale

This home is why Brookside is such a popular location for homebuyers…

jeff front

Look at that gorgeous curb appeal!  The exterior is brick and stucco, with a stamped concrete walkway and two car garage with private drive.  Built in the 1930s, this home retains so much of it’s original architectural detail and charm.

jeff dining room

Check out that coved ceiling with the detailed crown molding and wood wainscoting; original plaster medallion over pendant light and the arched entry. 

 

 

jeff living room

Both living room and dining room have hardwood floors.  The mantel and fireplace detail is original and the newer sliding door leads to the backyard and deck.  Off this room is an enclosed sunroom with heating and cooling.

 

jeff kit

I wanted to include a shot of this cozy breakfast room adjacent to the kitchen.  You can see the cherry cabinets, granite counters, plantation shutters–plus a half bath and office behind the kitchen area.

 

jeff yard

Other features of this home include three bedrooms, two and a half baths and a finished basement, offered at $429,000.  Location is perfect–just a short walk to Brookside shops, the Trolley Track Trail and bus service.  Plus, very friendly neighbors ready to welcome you!

More information and photos on my website http://www.maryhutchison.org. Please pass this blog link along to anyone you  may know looking for a Brookside home!

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.)

Worlds Window Annual Benefit Event on Thursday

worlds window

For the past month, Worlds Window in Brookside has been collecting new and gently used women’s clothing for their annual fundraiser to benefit Rose Brooks.  It’s your opportunity to shop for ‘new’ clothes of all styles while supporting a local non-profit organization.

On Thursday May 11, 2017, stop into Worlds Window from 5-8pm.  There is a $10 admission fee.  Shop the donated clothes, neatly displayed on hangers, conveniently priced at $10 per item.  In addition, Worlds Window will offer treats, special discounts on regular merchandise and special prizes during the shopping event.

Worlds Window is located in the heart of Brookside at 332 W 63rd St.  Remember, other Brookside shops are open late on Thursdays as well!  Thank you for supporting locally owned Brookside businesses and Rose Brooks!

Armour Hills Home Sales Stats-March 2017

Not a lot of activity in Armour Hills in March regarding  sold homes–however, that is normal as the first couple of months of the year are not popular times to list homes due to traditionally cold weather.  Still, there was an increase in median sales price!  Let’s look at the March 2017 home sales for Armour Hills, and a comparison to last year.

March 2017

Median list price:      $325,000

Median sales price:  $325,000

Number of homes sold:  5

Days on market:             6

March 2016

Median list price:       $234,975

Median sales price:   $229,475

Number of homes sold:  6

Days on market:             39

Four of the five homes that sold last month in Armour Hills were over $300K, pushing the median sales price up. Notice it was only a few days before the new listings went under contract.

Now let’s look at year to date:

Jan-March 2017

Median list price:      $395,000

Median sales price:  $395,000

Number of homes sold:  50

Days on market:             37

The lowest sales price so far this year $205,000 and the highest was $440,000.

Jan-March 2016

Median list price:        $389,500

Median sales price:    $382,000

Number of homes sold:   57

Days on market:              34

So far, prices are up 29% over first quarter 2016.  However, most of the increase is due to more expensive homes selling this year over same period one year ago.  Currently in Armour Hills there are four homes for sale, with a median price of $312,000 and 18 days on market.

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