Brookside Home Sales Report-Feb 2017

Home sales typically start off slow every year..there isn’t much inventory, winter weather keeps people inside and motivated sellers are getting their houses primped and ready to list in the warmer months.  Still, prices are up for those homes that are selling. Here is the February 2017 Brookside single family home sales report, using stats from zip code 64113:

February 2017

Median list price:        $421,250

Median sales price:    $402,000

Number of homes sold:    14

Days on market:               43

The lowest closed price was $205,000 and the highest was $1.225 million.  Most of the homes sold were over $400K.

February 2016

Median list price:        $409,000

Median sales price:    $399,000

Number of homes sold:   15

Days on market:               89

Checking year-to-date figures:

Jan-Feb 2017

Median list price:        $399,000

Median sales price:    $393,461

Number of homes sold:   27

Days on market:               43

Jan-Feb 2016

Median list price:         $389,950

Median sales price:     $382,000

Number of homes sold:    23

Days on market:                 57

So far, median prices are up 3% over last year and homes are selling faster. There is still very strong demand for Brookside homes, especially those priced between $250-$400K.  Currently there are 28 single family homes for sale in Brookside, with a median list price of $797,500 and 60 days on market.  Twenty one of these homes are priced over $500K; eight of those are over $1million.  These stats show the demand is for homes priced under $500K–more expensive homes sit on the market longer.

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