Three months into the pandemic and home sales in Brookside and Waldo are strong...for those updated homes priced under $400K. Still, values have slipped since last year. Let's take a look at the specific numbers, using the main Brookside zip code of 64113:
May 2020 May 2019
Median list price: $368,000 $424,900
Median sales price: $371,500 $422,500
No. of homes sold: 32 40
Days on market: 4 22
Several of the homes that closed last month were at or above list price; five homes priced over $500K sold quickly. Still, prices were a little lower and fewer homes sold--probably because some sellers decided to stay put during the coronavirus emergency.
Checking year-to-date stats:
Jan-May 2020 Jan-May 2019
Median list price: $368,000 $399,950
Median sales price: $370,000 $395,000
No. of homes sold: 92 123
Days on market: 13 34
Sellers are still getting very close to list price, even though values have dropped a bit. Homes are selling quickly after going on the market--again, those in the under $400K price range. Currently there are 39 active listings in Brookside, with 25 homes priced over $500,000 and 13 of those over $1 million.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
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