Armour Hills Home Sales Report-May 2022

Last month we had a record high sale price for a home in Armour Hills; it was a flipped property by an investor. And the buyer paid over asking price! Here are the details:

May 2022May 2021
Median list price:$385,000$365,000
Median sales price:$429,000$363,000
No. homes sold: 11 9
Days on market: 2 2

Buyers paid an average of 11% over asking price; a few more homes sold compared to May 2021. The highest sold price was $713,000, which was $28K over the list price! The lowest closed price was $360,000. Here are the year-to-date numbers:

Jan-May 2022Jan-May 2022
Median list price:$397,000$367,450
Median sales price:$419,000$379,000
No. homes sold: 34 26
Days on market: 2 2

Breaking down these numbers, buyers are paying about 5.5% over asking price and home values are up just over 10% compared to the same period last year. Currently there are four active listings in Armour Hills, with a median list price of $500K and 13 days on the market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-May 2022

With interest rates on the rise, will the hot Waldo housing market slow down? Personally, I don’t think so. There may be fewer multiple offers and perhaps price reductions, but there is still so much demand for houses in Waldo, especially priced under $300K. Here are the stats for May, using sales in the street boundaries of State Line to Holmes and Gregory to 85th St, single family properties.

May 2022May 2021
Median list price:$297,500$265,000
Median sales price:$318,000$278,500
No. of homes sold: 26 32
Days on market: 2 2

Buyers paid almost 7% over asking price last month with their offers; and compared to a year ago, values are up a whopping 14%! Below are the year-to-date numbers:

Jan-May 2022Jan-May 2021
Median list price: $250,000 $250,000
Median sales price: $278,000 $264,500
No. of homes sold: 119 148
Days on market: 3 2

These figures show us that fewer homes have sold this year; still prices up 5% over 2021. The lowest closed price so far this year is $45,000 and the highest is $650,000. Currently just twelve active single family house listings, ranging in price from $217,950-$535,000 and 12 days on the market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Brookside Home Sales Report-May 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 2022May 2021
Median list price:$462,000$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 2022Jan-May 2021
Median list price:$489,900$450,000
Median sales price:$515,000$464,000
No. homes sold: 121 130
Days on market: 2 2

Following the YTD trend, buyers are paying about 5% above asking price and values are 10% higher over last year. We will see in the coming months if the higher mortgage rates slow down the Brookside market and/or affect the prices. I am seeing some price reductions in Brookside and homes staying on the market longer…one thing for sure, the market is always changing!

Currently there are 17 active listings in Brookside, ranging in price from $365K-$4,000,000. Five homes are priced over $1million; only three are listed under $400,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Unique Collectibles Store Opens in Waldo

Here’s yet another unique, friendly, locally owned business you should know about in Waldo:  PKTC Collectables at 218 W 74th St.  The name of the shop says it all:  owners Scott Saunders and Dione Woods sell collectibles of all kinds:  sports jerseys, comics, action figures, trading cards, posters, Funko Pops and a lot more! 

Scott and Dione have been friends for over 20 years.  Both are into collectibles: Scott had sports memorabilia and Dione collected comic books and action figures.  The pair was celebrating Scott’s birthday in Las Vegas and were talking about collectible shops—how they usually sold “only comics” or “only sports stuff”; they wondered, why not sell everything in the same place?  After scouting the metro area for a suitable location, a friend who owns this building offered them a spot.  PKTC Collectables opened April 5.

Scott Saunders and Dione Woods

“We love the neighborhood”, Scott says.  “We have awesome neighbors, everyone is so friendly and we got a big welcome from the Waldo Business Association.  Nearby business owners have come by to introduce themselves.”  Dione continued:  “We get a lot of foot traffic in this location—especially the kids walking home from school or just out and about.  We cater to the young collectors by offering lower priced cards for them, chatting with them—we even offer a free pack of cards to kids who bring in a report card with a 3.0 or higher grade point average”.  They also have special promotions for adults: for example, to celebrate Father’s Day, wear an ugly tie and stop by for a free doughnut.  Women are a big part of their customer base as well:  the signed Travis Kelsey jersey is the #1 seller for the ladies! 

The shop features action figures, cards, sports shirts, framed posters and Funko Pops.

Store merchandise comes from their own personal collections and what they can find on Facebook, at garage/collector sales and Ebay.  If there is a particular collectible you are looking for, they will try to find it for you.  This is a really fun store to browse in—Scott and Dione offer all kinds of interesting merchandise, at all price ranges.  They love to talk shop and know the collectible market very well.  They will accept consignments as well.  Stop in to say hi to the guys:  hours are 10am-7pm Tuesday through Friday and 11am-6pm Saturday and Sunday.  Check out their Facebook and Instagram pages too. Welcome to Waldo, PKTC Collectables!

Want to learn about Brookside’s History? Sign up for the Brookside Historic Walking Tour!

Check out this photo–Brookside as it looked over 100 years ago! Women wore long, dark heavy clothes and the men wore hats..electricity was not all that common and Brookside was considered to be so far away from downtown!

Here’s your chance to learn about Brookside and how it began as part of the Wornall family farm. The Wornall House is sponsoring the event on Saturday June 4 from 10am-4pm. You’ll walk through neighborhoods and the commercial district, learning all about how Brookside got started..and how much it’s changed through the years. (Still a beloved, treasured neighborhood of course!). After the tour, stick around the Wornall House for the Buds and Suds reception at 4pm, outside in the new Learning Landscape.

Ticket information at www.wornallmajors.com.

Waldo Home Sales Report – April 2022

Spring is so lovely in Waldo! Even when we have spring showers. Are you enjoying the longer days and cooler nights? More daylight hours for house shoppers! Prices were up last month in Waldo compared to a year ago; here are the numbers:

April 2022April 2021
Median list price: $247,000$244,500
Median sales price: $275,000 $264,250
No. of homes sold: 28 42
Days on market: 3 3

Waldo home values rose about 4% over April 2021. Lowest closed price last month was $75,000 and the highest was $450,000. Now let’s look at the YTD numbers:

Jan-April 2022Jan-April 2021
Median list price: $244,000 $250,000
Median sales price: $261,000 $264,250
No. of homes sold: 95 116
Days on market: 3 3

These figures show a very slight decline in sold prices compared to 2021–just 1.2%. Note that fewer homes sold so far (probably due to lack of inventory); yet buyers are still paying well over list price and homes go under contract quickly.

Currently there are just five active single family homes for sale in Waldo, with a median price of $218,000 and 16 days on the market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Brookside Home Sales Report – April 2022

Up and down, that’s how the housing market can go — and with today’s blog post, the numbers represented are up and down, but mostly UP. Here are the single family home sales stats for Brookside, using the main Brookside zip code of 64113:

April 2022April 2021
Median list price:$479,950$490,250
Median sales price:$500,000 $511,500
No. homes sold: 35 28
Days on market: 2 2

You can see the median sales price was down 2% compared to last April; however more homes sold and buyers still paying over asking price. There were four million dollar plus sales last month. The lowest closed price was $345,000 and the highest was $1,780,000. Below are the year-to-date numbers:

Jan-April 2022Jan-April 2021
Median list price:$499,000$429,900
Median sales price:$529,950$432,000
No. homes sold: 84 83
Days on market: 3 2

Overall, Brookside home values are up 22% YTD over 2021! We are on track regarding the number of homes sold and how fast they go under contract. The highest closed price so far is $2,225,000 and the lowest is $276,000.

Currently there are just nine active single family homes for sale in Brookside; four of them are priced over one million dollars. Average list price is $590,000 and twelve days on the market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Armour Hills Home Sales Report – March 2022

Let’s start with another example of how far some buyers will pay over asking price….in March, an Armour Hills home sold for $52K over the list price!. With interest rates on the rise, will buyers pull back on the bidding wars? We will find out…my guess is there will still be multiple offers for the most desirable, updated homes, but instead of 15 offers, perhaps 5-8 offers. Here are the March stats for Armour Hills in Brookside:

March 2022March 2021
Median list price: $382,500 $299,500
Median sales price: $402,000 $307,000
No. homes sold: 4 2
Days on market: 2 3

The lowest closed price was $385,000 and the highest was $414,500. Values are up almost 31% over March 2021. Here are the year-to-date numbers:

Jan-March 2022Jan-March 2021
Median list price: $399,950 $337,500
Median sales price: $414,500 $356,888
No. homes sold: 11 10
Days on market: 4 2

Sold prices are up16% over the same period last year. The highest closed price so far this year in Armour HIlls was $535,000. As of this post, there are no homes in Armour Hills for sale; there are 12 under contract.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Spring Fling And Brookside Art Annual This Weekend!

People, get ready for lots of arts, crafts and outdoor socializing this weekend!

The first ever Waldo Spring Fling is Saturday 4/30 from 10-5 at the NE corner of Wornall and Gregory. This event is in conjunction with The Strawberry Swing, an indie craft fair that has been an annual celebration since 2011 with pop ups around the city. The Strawberry Swing has an online marketplace as well as a traditional brick and mortar store at 3630 Main St. The Waldo Spring Fling will feature several craft vendors, food trucks, live music and … just wander over to find out what else there is to browse through!

And the summer festival season also kicks off this weekend (April 29-May 1) with the 36th Brookside Art Annual, at 63rd St and Brookside Blvd. There will be plenty of art, jewelry, pottery and other interesting handmade items for sale, along with food booths and childrens’ activities Saturday and Sunday afternoons. Hours are 5-9pm Friday, 10am-9pm Saturday and 11am-5pm on Sunday.

Be sure to watch for extra pedestrians around these events over the weekend and thank you for supporting local!!

Waldo Home Sales Report-March 2022

This month’s report on Waldo home sales stats …up and down! The housing market is constantly changing! Let’s take a closer look at the numbers; I’m using the boundaries of State Line to Holmes and Gregory to 85th St as the Waldo boundaries.

March 2022March 2021
Median list price:$263,000$235,000
Median sales price:$285,000$250,000
No. of homes sold: 23 27
Days on market: 3 2

Buyers still paying over list price for homes; and values are up 14% compared to March of last year. The lowest closed price was $160,000 and the highest was $650,000.

Here are the year-to-date numbers:

Jan-March 2022Jan-March 2021
Median list price:$239,000$246,000
Median sales price:$250,000$260,000
No. of homes sold: 65 73
Days on market: 3 3

Overall, prices are 4% lower than same period in 2021; although consistently, buyers pay over the list price. Waldo has a wide range of home prices, it’s possible more of the lower priced houses have closed this year so far. Currently there are just four homes for sale in Waldo with an average list price of $284,500 and 4 days on the market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)