Blogging from Brookside in Kansas City

Brookside (Kansas City MO) Home Sales Report-June 2018

We are halfway through the year and Brookside home sales continue to be very strong, especially in the under $500K price range.  Inventory is generally lower than last year.  Here is the single family home sales report for last month, and a YTD comparison for the main Brookside zip code of 64113:

 

June 2018                                                          June 2017

Median list price:      $                                    Median list price:     $372,000

Median sales price:    $                                  Median sales price:  $367,500

No. of homes sold:        3                                No. of homes sold:   40

Days on market:           19                               Days on market:     20

The lowest closed sales price last month was $165,375 and the highest was $1.2 million. 

Below is year-to-date comparisons:

 

Jan-June 2018                                                    Jan-June 2017

Median list price:     $399,900                          Median list price:     $375,000

Median sales price:   $390,000                         Median sales price:   $360,000

No. of homes sold:     141                                 No. of homes sold:      157

Days on market:       14                                     Days on market:          20

 

The lowest sales price so far in 2018 was $168,500 and the highest was $1.6 million.  Median home prices are up 8% compared to last year!  Will prices drop the second half of the year, when sales traditionally slow down?  We will see.  There continues to be strong demand in the $400K and under price range, but most of the inventory is over $500K.

Currently there are 61 active single family home listings in Brookside, with a median price of $565,000 and 39 days on market.  Half of those listings are priced over $500,000 and nine of those are over $1,000,000.

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

 

Mary Hutchison, SRES, ABR

(Brookside/Armour Hills resident, local business supporter, NPR fan, Habitat ReStore volunteer, thankful for the gift of another day!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

Comment balloon 2 commentsMary Hutchison, SRES, ABR • July 14 2018 08:15PM
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