Neighbors, in this month's report, we see the affect rising interest rates are having in our area: median sold prices are lower and some homes stay on the market longer. However, for the year, home values have risen in Brookside! Let's take a look at the specific numbers; I'm pulling these stats based on sales in the main Brookside zip code of 64113:   September 2022 September 2021 Median list price: $439,900 $484,900 Median sales price: $437,900 $480,000 Days on market:       19      4 No. homes sold:       25     25 The lowest closed price last month was $315,000 and the highest was $1.7 million. We had two million dollar+ sales last month. Median sales price was just under list price; compared to the same period last year, prices fell 8.7%. Here are the year-to-date numbers:   Jan-Se... 10/25/2022

We have some interesting home sales stats for this month's Brookside home sales report--a big increase in price compared to last year, but fewer homes sold. Let's take a look at the specifics; I am using the main Brookside zip code of 64113 for this info, single family homes:    July 2022 July 2021 Median list price: $540,000 $434,500 Median sales price: $530,000 $460,000 Days on market:      3        3 No. homes sold:     35       28  Home values rose 15% compared to July 2021, yet many buyers ended up paying just under the list price last month--whereas last July, when interest rates were much lower, buyers were paying over asking price. Homes are still going under contract quickly--within a few days. Last month, four homes closed over $1,000,000; the highest closed sale was $1.7 mill... 08/16/2022

Here we are at the halfway point of home sales this year...and my, how the market has changed since January! Primarily regarding the higher interest rate. There is still quite a bit of demand though, and prices are still rising. Let's take a look at last month's stats first for Brookside, using the primary zip code of 64113:   June 2022 June 2021 Median list price: $459,950 $482,000 Median sales price: $485,000 $500,000 No. of homes sold:     26   38 Days on market:     2 2 The highest sale last month (and so far for 2022) was $2.85 million, which was $101K over the list price! The lowest closed price was $340,000. Final sales prices were about 3% below last June. Here's a look at year-to-date numbers:   January-June 2022 January-June 2021  Median list price: $489,250 $470,250 Median sa... 07/21/2022

May is one of the busiest months for home sales--and although Brookside had fewer closed transactions last month, prices are still way up. Here are the stats for single family home sales in Brookside, using the main Brookside zip code of 64113:   May 2022 May 2021 Median list price: $462,500 $509,000 Median sales price: $487,400 $530,000 No. homes sold:     36    47 Days on market:      2     2 Although overall, home values were down compared to May 2021, buyers still paid about 5% over asking price. The lowest closed sale last month was $360K and the highest was $1,575K ($75,000 over list price!). Here are the year-to-date numbers:   Jan-May 2022 Jan-May 2021 Median list price: $489,000 $450,000 Median sales price: $515,000 $464,000 No. homes sold:      121     130  Days on market:    ... 06/23/2022

Halfway through the year!  How are Brookside home sales doing? Well, with interest rates continuing to fall, it's very competative for buyers right now.  Well maintained, well priced updated homes sell  quickly.  Values are up compared to June 2019; year-to-date numbers are lower.  I'm checking the stats for the main Brookside zip code of 64113, single family homes: June 2020                                                                 June 2019Median list price:    $424,900                                  $369,000Median sales price:  $420,000                                 $370,000No. of homes sold:       27                                            31Days on market:           8                                              11Prices were up over 13% compared to last June, and in a... 08/15/2020

This is going to be a quick blog, as I start 2020 reporting home stats.  I will just be posting January numbers with comparisons to 2019--as there is no YTD figures until next month. So, here are the figures for single family home sales in Brookside, using the zip code of 64113: January 2020                                                               January 2019Median list price:     $415,000                                       $350,000Median sales price:  $400,000                                       $339,000No. of homes sold:        7                                                  10Days on market:          44                                                  31 Prices took a significant jump but with so few homes selling, I think the more expensive homes went under contract la... 02/18/2020

Happy 2020 everyone!  What will the Brookside housing market be like this year??  I really like to track these stats because I think it does offer some perspective on the sales and demand.  Let's examine the December stats first, then the YTD comparisons. I'm using the main Brookside zip code of 64113 for sales:December 2019                                                     December 2018Median list price:     $422,500                             Median list price:     $457,475Median sales price:    $420,000                           Median sales price:    $437,000No. of homes sold:      22                                      No. of homes sold:       20Days on market:        25                                        Days on market:           37 These numbers show us that sellers are g... 01/15/2020