Blogging from Brookside in Kansas City: September 2014

Brookside (Kansas City MO) Home Sales Report Aug 2014

Brookside sales continue to slowly ease down as we head towards the end of the year.  The usual pattern is as follows:  strong sales in the spring and summer months, then fewer closings as the weather turns cooler.  Here are the August single family home sales numbers for the Brookside area, using zip code 64113:



In August 2014, 23 homes sold.  Median sales price was $261,000 and 28 days on  market.  The lowest sales price was $222,250 and the highest was $355,000.  

 

In August 2013, 34 homes sold.  The  median sales price was $279,900 and 87 days on market.  The lowest sales price was $173,000 and the highest was $1.525 million.

 

Why the drastic drop in median sales price? One explaination would  include the fact that the highest price sale this August was well under $1million, as compared to a year ago.  Most buyers  purchased homes in Brookside well under $400K.  What is concerning is that fewer homes overall are selling, compared to last year.

 

Checking year to date figures:

 

From Jan-August  2014, 186 homes sold at a median sales price of $311,000 and 36 days on market.

 

From Jan-August  2013, 216  homes sold at a median sales price of $291,000 and 47 days on market.  

 

Note  the days on market are fewer, for the month and year to date.  Buyers are snatching up the moderately priced homes in our zip code that are updated and move in ready.  The higher priced or overpriced homes that need updating continue to sit on the market.  

 

Currently there are 99 single family homes for sale in the Brookside zip code of 64113 with a median list  price of $409,857.  The lowest list price is $175,000; the highest is $4.445 million.  Average days on market:  86.  Note that 60 of the 99 homes are priced over $350,000.  There is still a strong demand for updated Brookside homes priced under $350K--if  you have one ready to sell!  

 

(All figures taken from Heartland MLS and 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 1 commentMary Hutchison, SRES, ABR • September 22 2014 02:28PM
Brookside (Kansas City MO) Home Sales Report Aug 2014
share
Brookside sales continue to slowly ease down as we head towards the end of the year. The usual pattern is as follows: strong sales in the spring and summer months, then fewer closings as the weather turns cooler. Here are the August single family… more
Tour Historic Homes in Kansas City - October 2014
share
The leaves are slowing beginning to change colors; you are wrapping up in sweaters and jackets and food cravings include pumpkin bread and roasted squash. It’s time for several fall homes tours in the KC metro area. Below you’ll… more
Wornall Road Temp Closed Through Brookside
share
In Brookside… today (9/15/2014) is the first day of the Wornall Road closure from 58th St south to Huntington, in conjunction with the sewer and stormwater pipe installation. You’ve probably noticed the huge digging equipment along… more
New Grab and Go Healthy Food Spot in Waldo
share
My daughter used to work at Cosentino's Brookside Market as a ‘utility clerk’ (she bagged groceries). During lunch and dinner hours, she would watch busy. single professionals and parents with kids rush in, grab food from the prepared food… more