It's a new year for home sales and already--there is a lot of demand but not enough inventory. This will be a short blog as there is no need to check year-to-date figures.
Here is the January 2017 single family home sales report for the Brookside zip code of 64113:
Number of homes sold: 13
Median list price: $395,000
Median sales price: $388,500
Average days on market: 36
Number of homes sold: 8
Median list price: $369,500
Median sales price: $367,500
Average days on market: 25
It looks like a significant jump in the median sales price compared to Jan 2016, however last year the highest sales were in the $440s; this year there was a $1.175 million sale plus two others in the $600s that skews the prices up. The lowest closed sales price last month was $201,000. Note almost twice as many homes closed in January this year--high demand for our neighborhood!
Currently there are 32 single family homes for sale in Brookside, with a median price of $690,000. Most of the listings are well over $400K, with ten homes listed for over $1 million. With so many higher priced homes for sale, the median price is skewed upward.
(All stats taken from Heartland MLS: deemed reliable but not guaranteed.)