Brookside (Kansas City MO) Home Sales Report - April 2016

By
Real Estate Agent with Better Homes and Gardens Real Estate-Kansas City Homes

We are in the peak of Spring home buying season...and I’m here to report demand is still very strong for our Brookside neighborhood.  Still not enough inventory for sale, especially in the $500K and less price catagory.  Here are the single family home sales stats for Brookside (zip code 64113) for last month, and comparisons to last year:

 

April 2016:

 

Median list price:               $375,000

Median sales price:           $371,500

Average days on market:    41

Number of homes sold:       30

(Lowest sales price was $215,000;; highest sales price was $1.1 million.)

 

April 2015:

 

Median list price:                $389,900

Median sales price:            $380,000

Average days on  market:    31

Number of homes sold:        27

 

Now let’s check year to date figures:

 

2016:    

 

Median list price:         $384,000

Median sales price:     $376,250

86 homes sold; average 38 days on market

 

2015:

 

Median list price:         $327,000

Median sales price:     $322,500

72 homes sold; average 54 days on market        

 

You can see how fast prices are rising year-to-date compared to last year, plus the median price is going up.  When there aren’t many homes for sale, prices are pushed up and often there are multiple offers over asking price for new listings.  It is definitely a sellers’ market right now.

                                                                

Currently, there are 40 active single family home listings in the Brookside zip code of 64113, with a median list price of $609,500.  The median list price is high as over half of the listings are priced over $500K.  Homes listed for $450K or less are generally selling right away.  (All figures taken from Heartland MLS; deemed reliable but not guaranteed)

 

Posted by

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

 

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Mary Hutchison, SRES, ABR

Experienced Agent in Kansas City Metro area
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