Just over halfway through the year and home values continue to rise in Brookside. As we get closer to the cold weather, fewer homes will be listed resulting in fewer sales. Here is the July 2018 sales report for Brookside, using the zip code of 64113:
July 2018 July 2017
Median list price: $415,000 Median list price: $394,975
Median sales price: $415,000 Median sales price: $392,500
No. of homes sold: 27 No. of homes sold: 26
Days on market: 23 Days on market: 10
The lowest sales price last month was $200,000. The highest sold listing was located at 6505 State Line Road--the large Art Deco style home with the white exterior built in 1935. Listed in 2015 for $3.3 million, it closed last month at $1.5 million. This home is on the National Register of Historic Places.
Checking year-to-date figures:
2018 2017
Median list price: $409,000 Median list price: $384,900
Median sales price: $397,000 Median sales price: $375,000
No. of homes sold: 169 No. of homes sold: 185
Days on market: 16 Days on market: 17
Compared to last year, median home prices are up 9%. Fewer homes have sold, with about the same days on market. Currently there are 60 houses on the market in Brookside, with a median price of $507,475 and 56 days on market. Nine of the homes are priced over $1 million; 30 total over $500,000. The lowest listed price is $260,000 and the highest is $4.25 million.
Currently there are 60 homes for sale in Brookside, with a median list price of $507,474 and 60 days on market. Half of the homes are priced over $500,000, several are over $1 million. The strongest demand is $400,000 or less.
(all statistics taken from Heartland MLS; deemed reliable but not guaranteed.)