Plaza and Brookside Real Estate Market - View Plaza and Brookside Real Estate Market Trends in Missouri

Winter 2012 Market Update Now remains an exceptional time to buy a home in Plaza and Brookside. Low interest rates and consistent resale values make a home purchase in these neighborhoods a great value investment. Call (913) 515-0952 anytime for more information. We’d love to be of service to you!
Average Home Price	$225,000 - View Graph Trend

Average Price Compared to Last Year	No Change

Average Time on Market	60-90 days

Best Selling Price Range	$150,000 - $199,000

Worst Selling Price Range	$550,000 - $599,000

Prices As % of Asking Price	95-100%

Existing Home Prices for the past 90 days are?	No Change

Market Trend	No Change

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Plaza and Brookside is	Decreasing

Seller Activity for the past 90 days in Plaza and Brookside is?	No Change

Multiple Offers?	No

Multiple Offers Commentary	Brookside and Plaza homes that are priced at or just below market value, have the best locations and are in sharp, clean and updated condition can receive multiple offers.

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	0-5%

Is Financing Available For Qualified Buyers?	Yes

Comments on Financing For Qualified Buyers	Mortgage interest rates remain historically low for both FHA and conventional financing options. Sellers paying the buyer's closing costs is a common negotiation in this market; this concession opens the home buying option to even more buyers.

Housing Inventory	Good supply - Some Prices

Greatest Activity	First Time Buyers

Reason to Buy/Sell	The uniqueness of Brookside and the Plaza consistently attracts buyers A good selection of available homes and historically low mortgage rates supplement the demand for these coveted neighborhoods.

Nearest Metro Area	Kansas City

Housing Hot Spots	The character of homes in Brookside and the Plaza have great appeal to buyers - there are no other neighborhoods quite like these. Established trees line every single street and the easy proximity to parks and walking trails draw buyers relocating to Kansas City, as well as metro area buyers who want to leave traditional suburbs. The option to walk to shops, restaurants and general services in and around Brookside and the Plaza have become high profile benefits.

Average Sold Price	$225,000 - View Graph Trend

Plaza and Brookside Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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