Hello neighbors! It’s a typical gray November day as I write this blog…still, much to be thankful for this week of Thanksgiving 2020. Waldo home sellers continue to experience fast sales on their properties, often with multiple offers. Here are the stats for single family homes in Waldo last month, using the boundaries of Gregory to 85th; State Line to Holmes:
October 2020 | October 2019 |
Median list price: $225,000 | $179,900 |
Median sales price: $237,500 | $178,950 |
No. of homes sold: 29 | 30 |
Days on market: 2 | 15 |
So, the number of homes changing owners remains steady; prices are up! Last month, 19 of the 29 homes that closed were at or over list price. Here are the year-to-date numbers:
Jan-Oct 2020 | Jan-Oct 2019 |
Median list price: $224,950 | $220,000 |
Median sales price: $230,000 | $217,500 |
No. of homes sold: 315 | 299 |
Days on market: 4 | 9 |
Home values are up almost 6% YTD for Waldo–and homes are going under contract very fast. Despite the pandemic, buyers are snapping up homes not just in Kansas City, but all over the US. So much demand, not enough inventory. Currently, there are 18 active listings in Waldo, with a median list price of $250,000.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)