Home sales are slowing down as the holidays get closer--very typical trend for the housing market. Right now in Brookside, more than half the homes for sale are priced over $500,000--several over one million dollars. Let's check the numbers for single family home sales, using the main Brookside zip code of 64113:
October 2019 October 2018
Median list price: $357,450 Median list price: $429,000
Median sales price: $346,500 Median sales price: $430,000
No. of homes sold: 20 No. of homes sold: 26
Days on market: 24 Days on market: 3
That's quite a drop in the median sales price but remember, we have such a huge range of prices in Brookside, when more expensive homes sell, the median price rises. The highest closed sale last month was $911,500 and the lowest was $248,400.
Here are the year-to-date stats:
Jan-Oct 2019 Jan-Oct 2018
Median list price: $385,000 Median list price: $399,975
Median sales price: $376,000 Median sales price: $394,500
No. of homes sold: 255 No. of homes sold: 250
Days on market: 21 Days on market: 15
Overall, median prices have dropped 4.6% compared to this time last year, however I think the year end totals will show an increase overall. There are 36 active single family listings in Brookside, with a median list price of $527,000 and 58 days on market. Most of the homes are priced at $500K or above; ten 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!)
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Better Homes and Gardens Real Estate/Kansas City Homes
mary.hutchison@kansascityhomes.com
816 510 1262
Thank you for keeping us updated on your local real estate market.
This is important real estate market data for home buyers and sellers in Brookside, Mary.