What a beautiful day as I write this blog! The trees are flowering all over Brookside--hope we don’t get a cold snap..we are now used to 60 and 70 degree days!
Checking Brookside home sales for February 2016, I am writing up the stats in a different format this time--thought it would be easier to read. Take a look:
Median list price: $409,000
Median sales price: $399,000
Average days on market: 89
Number of homes sold: 15
(lowest sales price was $213,000; highest sales price was $822,000)
Median list price: $422,000
Median sales price: $397,500
Average days on market: 88
Number of homes sold: 13
(Note the number of homes sold and median sales price are very similar to 2015.)
Now let’s check year to date figures:
Median list price: $389,950 Median list price: $374,975
Median sales price: $382,000 Median sales price: $367,500
Average days on market: 57 Average days on market: 84
Number of homes sold: 23 Number of homes sold: 22
The big difference in the YTD figures is the median sales price jumped up--yet virtually the same number of homes sold. Also, homes sold faster. There is not much inventory this year and so, prices are up. .
Currently, there are 46 active listings in the Brookside zip code of 64113. The median list price is $537,000. That figure is high because 1) the lower priced listed homes sell very fast and 2) 25 of the 46 homes are priced over $500K; 10 of those are over $1,000,000.
If you are thinking of selling your Brookside home...or, want to purchase one...contact me for a detailed market report. The market is strong for sellers, and buyers know they are purchasing in a valuable neighborhood!
(All figures taken from Heartland MLS; deemed reliable but not guaranteed)