Blogging from Brookside in Kansas City: March 2017

Brookside (Kansas City MO) Feb 2017 Home Sales Report

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. 

 

 

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 active single family homes listed, ranging in price from $225K-$2.8 million.  One half of the homes for sale are priced over $500,000, and the median list price is $797,500.  That high median price shows that the 'lower' priced homes sell fast in Brookside--those under $500,000.  There is a lack of inventory in the $250-$400 price range for buyers to see as they typically go under contract within a day or two of listing.

 

(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 1 commentMary Hutchison, SRES, ABR • March 25 2017 12:53AM
Brookside (Kansas City MO) Feb 2017 Home Sales Report
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