Waldo Home Sales Report – August 2022

You’ve heard the housing market is slowing down…when actually, it’s just falling back into a more normal pattern. It’s not quite as crazy as it was the first few months of the year, but buyers are still out there ready to purchase! Here are the stats for single family home sales in Waldo, using the boundaries of Gregory to 85th St; State Line to Holmes:

August 2022August 2021
Median list price:$235,000$267,000
Median sales price:$237,000$271,500
Days on market: 4 2
No. of homes sold: 24 38

The drop from the August 2021 closed price to August 2022 was 14% Fewer homes sold last month, and it took a bit longer for those to go under contract. The lowest sold price last month was $95,000 and the highest was $455,000. Here are the year-to-date stats:

Jan-Aug 2022Jan-Aug 2021
Median list price:$249,925$252,500
Median sales price:$267,250$265,000
Days on market: 3 2
No. of homes sold:194 258

Year to date, 24% fewer homes have sold in the Waldo area; the median sales price is comparable to 2021 and overall, buyers still paying more than list price for homes. The market is slowing down but there are still buyers! Currently there are 18 single family homes for sale in Waldo, ranging in price from $124,500-$450K and 20 days on market.

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

Brookside Home Sales Report – August 2022

The home sales market is balancing out a bit since interest rates keep rising…for only the second time this year, most closed sales prices are less than list price–meaning buyers have some negotiating power. Let’s take a look at the stats, using the main Brookside zip code of 64113 for this report:

August 2022August 2021
Median list price:$525,000$524,900
Median sales price:$510,000$510,000
Days on market: 4 3
No. of homes sold: 29 31

Comparing the numbers from August 2021, the list price and sales price are the same; in 2022, every month except August and February, most buyers were paying list price or over. Last month, the ratio from list to sales price dropped almost 3%. The highest closed sale last month was $1,287,000 and the lowest was $255,000. Below are the year-to-date numbers:

Jan-Aug 2022Jan-Aug 2021
Median list price:$499,000$469,995
Median sales price:$510,000$485,000
Days on market: 3 2
No. of homes sold: 209 227

Overall this year, buyers were paying about 2% over the list price; sales prices are up 5% over last year. Interest rates have doubled since the beginning of the year however the well priced, well maintained and updated homes are still selling quickly!

Currently there are 24 active single family homes listed in Brookside, ranging in price from $250K-$4,000,000. The median list price is $502,000; half the listings have prices over $500K.

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

Waldo Fall Festival Coming Sat Sept 17!

Happy anniversary to the 30th Annual Waldo Fall Festival!!

It’ s happening this Saturday, September 17, starting at 10am and running until 8pm. There will be many vendor booths, a few food trucks, plenty of live music and activities for the kids. The weather forecast looks perfect!

The festival is located at Gregory and Wornall so be extra careful if you are driving in that area Saturday–watch for extra pedestrians and kids running around!

Thank you for supporting our local vendors and activities!

“Micro Event Space” Opens in East Brookside

Cocoa Spaces, 912 E 63rd St

Every so often, you may have a need for a smaller, special gathering—perhaps a retirement party, baby shower, going away get together, intimate wedding, family reunion; or perhaps a small meeting, business brainstorming retreat or indoor photo shoot.  You don’t want the restrictions and pricing of a hotel meeting room or restaurant, yet no one’s personal home is quite right.  Consider East Brookside’s newest business:  Cocoa Spaces, a “micro event space” that could be just what you are looking for!

Porshia Mitchell

Owner Porshia Mitchell is an electrical engineer by trade, and she always loved being the planner for her friend’s gatherings.  “I love the idea of bringing people together to celebrate”, she says, and had been pondering the idea of opening up such a space for a few years. When she turned 30, she was looking for a space to celebrate with her friends and had trouble finding such a spot. Her passion project turned into a reality when Cocoa Spaces opened at the end of July.    Located at 912 E 63rd St at Harrison, the event venue offers 1300 SF, equipped with a kitchenette, mobile bar, TV and sound system, tables, chairs, and a small lounge area; it is ADA accessible.  Cocoa Spaces comfortably holds 50-60 people at tables or reception style.  Porshia has a list of vendors you can work with for décor, music and accessories; regarding food and liquor, bring in your own or use a caterer.   Parking is available  in front, on the street and east of Rockhill Road. Rental prices vary depending on how long you want the space; there is a three hour minimum.

I asked Porshia how she came up with the name Cocoa Spaces.  “As a black woman in the world, I’m here to take up space—I can do whatever I put my mind to!”  Then she added, “And I love chocolate!” There is a real need for these “micro spaces” for various events involving  friends, family  or co-workers, especially with the holiday planning season coming up!  Remember Cocoa Spaces the next time you are looking for a small, customizable space for a gathering.  Porshia grew up nearby and wanted to be in this area—support local!  Learn more about Cocoa Spaces on their website or follow them on Instagram @cocoaspaces.

Updated Brookside Bungalow for Sale-Close to Streetcar/Whole Foods

This house is a rare find….a four bedroom bungalow, just over 2000 SF and move in ready! As you can see, very attractive curb appeal!

5618 Cherry St, Kansas City MO FOR SALE

Step inside to the first floor, featuring hardwood floors, living room with fireplace, spacious dining room, two bedrooms and full bath.

Living Room with Fireplace
Dining Room

The kitchen…is spectacular! Recently renovated, sellers have added all new appliances, marble backsplash, quartz counters, custom hood over gas stove and a separate beverage fridge.

Newly Remodeled Kitchen, with Plenty of Countertops and Cabinets

Surrounded by windows, the breakfast nook is full of natural light and leads to a large deck overlooking the back yard.

So much space in this upstairs primary suite! Vaulted ceilings, a walk in closet with laundry, and bathroom with shower and tub. The smaller bedroom on the second floor could be used as office space.

Plenty of grassy area in the fenced backyard for pets or garden; easy access to the lower level garage too!

5618 Cherry St…just a few blocks from Whole Foods, the future streetcar stop; close to Brookside, Crestwood Shops, Loose Park and the Trolley Track Trail! Offered at $419,000. Contact me for more information-Mary Hutchison, Better Homes and Gardens-Kansas City Homes.