It's been the same story in Brookside all year....strong sales in the $300-$400 price range and not enough inventory is pushing prices up. Here is the September 2017 single family home sales report for Brookside, with comparisons to last year:
September 2017
Median List Price: $349,000
Median Sales Price: $333,000
No. of Homes Sold: 17
Days on Market: 8
September 2016
Median List Price: $380,000
Median Sales Price: $375,000
No. of Homes Sold: 29
Days on Market: 44
The lowest closed sales price last month was $195,000 and the highest was $520,000. In September 2016, more homes closed over $500K, including a $1.2 million sale so that's why overall sold prices were higher last year.
Checking year-to-date stats:
January-September 2017
Median List Price: $379,000
Median Sales Price: $365,000
No. of Homes Sold: 225
Days on Market: 18
January-September 2016
Median List Price: $359,000
Median Sales Price: $353,500
No. of Homes Sold: 252
Days on Market: 35
Prices are up 3.25% YTD compared to 2016. Currently there are 50 active single family homes listed, with a median price of $557,500 and 62 days on market. Twenty-seven of the 50 are priced over $500K; most demand is in the $250-$400K price range...although it's increasingly difficult to find any nicely updated and maintained home in 64113 for under $275,000.
All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
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