How Much Does a Home in Brookside Cost?

By
Real Estate Agent with Chartwell Kansas City Realty SP00229578 2007027091

This is a question heard from buyers quite frequently. They'd like to live in Brookside but are not sure if their budget can accomodate the home they want.  This graph may help buyers get a better understanding of what is available in the area:

Homes sold in Brookside by price range graph   

These are the numbers of Brookside homes sold between January 1 and today (20 September 2014) by price range.         . price range percentage sold As you can see, homes priced in the $200-400,000 range (purple and orange on the chart) take up the largest share followed by the $400-650,000 price range (dark red on the chart). Homes priced over $650,000 fall into the luxury category in the Kansas City area. In Brookside, most homes in that price range are going to be closer to Loose Park, Ward Parkway, or Morningside.

Homes priced under $200,000 in the Brookside area are few; under $160,000 is rare. Buyers planning on spending less than $175,000 will probably also be looking in or near the Waldo area to get the house they want at a price that fits their budget. 

If someone really wants the Brookside address, they may be willing to accept less space, a shared driveway, shared garage, no garage, or a home that needs some TLC. If the home is in the lower price ranges, they will want to move fast as the house will sell quickly (maybe in a day) and there is a good chance there will be multiple buyers vying for the same property. 

Homes sold in Brookside 1 Jan - 20 Sept 2014     Brookside is defined as the area south of 55th Street, west of Oak Street, north of Gregory Blvd, and east of State Line. Please refer to the map on your left. 

Today, there are 101 homes for sale in Brookside. Priced between $168,000 and $4,450,000. The average home price for Active listings is $622,542. 

There are 23 Pending sales priced between $154,500 and $1,495,000 with the average being $460,904.

There are 23 homes under BackUp status priced between $169,950 and 949,000 with the average being $423,359. 

The chart below shows the Average Sale Price of Brookside homes over the last 10 years including all those priced between $150,000 and 650,000. [We removed the lowest priced homes as there have been a few that were distressed in some manner which would skew the results. We also removed the highest priced homes as the luxury home market suffered a few years during the recession and that would also skew the results for the majority of homes in Brookside.]

Brookside home price average 10 yr history  

 

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Posted by

Maria Morton,Realtor© Call 816.560.375Eight Mobile.     Google Maria 

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*Information obtained from Heartland MLS is deemed reliable but not guaranteed. *This is an eclectic blog combining business with a little humor; please consult a licensed  professional before making life altering decisions. ♪♫  

Maria Morton of Chartwell Kansas City Realty is a licensed Real Estate Agent in KS & MO.  816-877-8200 Office 

4141 Pennsylvania Ave Ste 105 Kansas City, MO 64111   Maria Morton Copyright © 2008-2018 

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Rainmaker
994,049
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Now thaose are some impressive charts and graphs.  Have a great week.

Sep 20, 2014 08:01 AM #1
Rainmaker
621,660
Maria Morton
Chartwell Kansas City Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Thanks, Tim! Took a little time but well worth the visual. 

Sep 20, 2014 10:03 AM #2
Rainmaker
1,283,299
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Maria, what I find interesting about the bar chart is home prices in 2007 (height of the market) before the decline and current sales prices exceeding the '07 run up!

Sep 21, 2014 12:13 PM #3
Rainmaker
621,660
Maria Morton
Chartwell Kansas City Realty - Kansas City, MO
Kansas City Real Estate 816-560-3758

Nick, some areas in Kansas City saw very little change during the recession. Brookside and Prairie Village are two of those areas. We also experience more modest gains and dips than the coastal markets. Ours are gentler ups and downs. 

Sep 21, 2014 10:26 PM #4
Rainmaker
579,536
Mike McCann - Nebraska Farm Land Broker
Mike McCann - Broker, Farmland Broker-Auctioneer Serving Rural Nebraska - Kearney, NE
Farm Land For Sale 308-627-3700 or 800-241-3940

I have always thought of most of Kansas City as quite stable...similar to Lincoln and even here in Kearney.  I like the charts!!!

Oct 01, 2014 01:28 PM #5
Ambassador
1,919,118
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Maria, nothing better than a good graphic to illustrate a point.  Good job!

Oct 03, 2014 05:40 AM #6
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Rainmaker
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Maria Morton

Kansas City Real Estate 816-560-3758
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