Brookside (Kansas City MO) 2017 Home Sales Report

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

So how much have home values changed in Brookside since 2016? In the past five years?  I'll give you the answers in this blog...but take a guess before reading if you like! Here's a hint:  they have increased, not decreased!  First, we'll start with December 2017 numbers; all figures based on the main Brookside zip code of 64113:

December 2017                                                                         December 2016

Median list price:     $439,000                                                 Median list price:    $335,000

Median sales price:  $442,000                                                Median sales price:  $329,248

No. of homes sold:     27                                                           No. of homes sold:    20

Days on market:         29                                                           Days on market:        36

In December 2017, eight homes sold at or over list price, and sixteen homes homes closed at over $400K.  Now let's look at year end figures, with comparisons to the past five years:

2017                                                                                           2016

Median list price:       $395,000                                            Median list price:       $350,000

Median sales price:    $386,000                                            Median sales price:    $350,000

No. of homes sold:      296                                                     No. of homes sold:       325

Days on market:            20                                                     Days on market:            34

In one year, Brookside home values increased 10.2%. Fewer homes sold (not due to lack of demand; due to lack of inventory!) and in a shorter amount of time.  The lowest sales price in 2017 was $168,500 and the highest was $3.225 million.  

For reference, the 2015 median sales price was $329,000; 2014 was $306,500 and 2013 was $296,750.  In five years, homes have appreciated about 30%. 

I predict Brookside will have another strong year for home sales, with demand especially high in the $200,000-$350,000 price range.

(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

Experience Agent in Kansas City Metro area
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