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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New Small Business in Brookside: The Nut Cup

nut cup front

Brookside and Waldo are popular places for small business owners…I think this is the third locally owned new business I’ve written about in the past several weeks.  Today I will introduce you to The Nut Cup, an antique and collectibles shop that opened last month at  7021 Oak, next to Eclectics.

 

nut cup trish

 

Owner Trish Skidmore has been in the antique and estate sale business for many years.  A friend  approached her about selling the contents of a small two bedroom home in Raytown.  The house was filled with vintage items (signs, toys, knick-knacks, quilts, furniture, etc) from years past.  It was a treasure trove of goodies that Trish wanted to display and sell to other folks who appreciate these classic items.  After looking at several  locations, she decided on the Brookside/Waldo area to rent space and opened The Nut Cup. 

There are a few very unique things (besides the merchandise) that  make this shop special.  First, children and pets are welcome!  Trish has a special section of the store called The Nutty Nook,  where kids can choose their own treasures and pick the sales price between $1-$5.  You will enjoy the fresh Waldo honey water she offers all of her visitors, it’s very tasty.    She also has a “wish wall”, with notes from customers who are looking for a particular item–if Trish has a match, she will get in touch.  There is a  large chalkboard with “Did You Know” facts posted every few days and don’t miss the bathrooms–one with a wall full of vinyl records and the other with old holiday decor (all items available for purchase).  If you like a riddle–examine her store front windows which always have a certain theme or phrase you have to guess, depending on what is displayed there.  And if you don’t find anything to purchase, Trish will give you one of her small batch homemade candles so you aren’t leaving empty-handed.nut cup inside

Trish loves to chat with those that stop by the store and wants people who come in to “make a memory” during the visit.  Her tagline for the store is actually Merchant of Memories. Hours for the store are Tuesday -Saturday 10am to 6pm; Thursday hours are noon-8pm.  Stop in and welcome Trish to Brookside–it is a real treat browsing through this store and visiting with her!

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 Sidewalk Sale Through Sunday

bookside-sidewalk-sale

It’s time for the annual Brookside Sidewalk Sale–Thursday July 6 through Sunday July 10, 2017!

Various merchants will set up tables on the sidewalks on 63rd St east of Wornall.  You will find all sorts of bargains here:  jewelry, clothes, decor, small gifts and household goods, and some surprises–“oh, I could use one of those!”.  Plus, it’s always nice to chat with shop owners and neighbors that are browsing at the same time.  Make a day of it and stop for a snack, coffee or lunch at one of Brookside’s local eateries!

Also, the annual Shred Event is Saturday July 8 from 8am-11am in the parking lot between Commerce Bank and the tennis courts (Meyer and Brookside Road).  There is a limit on how much you can bring to shred:  two standart file sized boxes or grocery sacks.

Thank you for supporting locally owned businesses in Brookside!

Brookside Home Sales Stats – May 2017

It’s crazy out there if you want to buy a home in Brookside for under $400K!  I’m sure you’ve heard the stories from your home buyer friends–or seller friends, who receive multiple offers within a day of listing their home.  Here are the May 2017 single family home sales stats for Brookside, using zip code 64113:

May 2017

Median List Price:       $330,000

Median Sales Price:    $339,500

Number of Homes Sold:    39

Days on Market:                4

The lowest closed price was $170K; the highest was a home near 55th and Ward Parkway–$3.2 million cash. You are reading those numbers correctly–median sales price is almost $40K over asking price.  Out of the 39 homes that closed last month, 24 were at or above list price.  I’ve seen closed prices as much as $25K over list price!  Now let’s look at same period last year:

May 2016

Median List Price:               $364,500

Median Sale Price:              $360,500

Number of Homes Sold:         37

Days on Market:                       43

The number of homes sold was about the same. Last year, median price was higher because more expensive homes closed in May 2106.  Days on market was longer–that is typical for higher priced homes.  The demand in Brookside right now is for homes priced $225K-$400K.  Here are YTD figures:

Jan-May 2017

Median List Price:                $374,947

Median Sales Price:              $360,000

Number of Homes Sold:       118

Days on Market:                     18

Jan-May 2016

Median List Price:                 $373,750

Median Sales Price:               $367,950

Number of Homes Sold:         124

Days on Market:                        41

As you can see, year to date the median sales price is well below median list price–but again, when the higher priced homes sell, there is usually more bargaining in the offer.  It is the $350K and under homes that generally sell for at or over list price.

Currently there are 40 homes for sale in Brookside, with a median list price of $695,000.  Thirty four of the 40 are listed over $400K.

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