Category Archives: Kansas City Home Sales Statistics

Waldo Home Sales Report-March 2021

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Homebuyers continue to snap up homes in Waldo, driving prices higher. And we are just now getting into the most popular buying months of the year! Here are the sales stats from Waldo, using the boundaries from Gregory to 85th St, State Line to Holmes:

March 2021                                                                                  March 2020

Median list price:    $237,500                                                   $228,000

Median sales price:    $252,500                                               $230,000

No. of homes sold:          26                                                          31

Days on market:              2                                                             31

The lowest closed price last month was $136,000 and the highest was $400,000. Home values up 9.78% compared to March 2020.

Here are the year-to-date figures:

Jan-March 2021                                                                        Jan-March 2020

Median list price:       $250,000                                               $210,000

Median sales price:    $263,500                                              $210,750

No. of homes sold:       71                                                 62

Days on market:           3                                                             28

Look at the difference between the median sales prices: 25% higher this year, and homes are going under contract in a matter of days. Buyers are consistently offering over list price on contracts. I’ve been saying that for months and don’t see any change in the foreseeable future.

Currently there are just five homes for sale in Waldo, with a median list price of $249,000 and four days on the market.

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

Brookside Home Sales Report-March 2021

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If you know someone trying to purchase a home in Brookside…you’ve probably heard stories about how just trying to look at a new listing can be all consuming! These Brookside home sales stats for March 2021 show again how frenzied this market is for buyers. I’ve researched single family home sales that closed last month, using the main Brookside zip code of 64113:

March 2021                                                                                   March 2020

Median list price:     $427,400                                                   $350,000

Median sales price: $430,000                                                   $345,000

No. of homes sold:      26                                                             15

Days on market:            2                                                             15

Home values are up 24% compared to last March; about twice as many homes closed. Those new listings went under contract within 48 hours. Wow! Last month there were nine sales over $500K in Brookside, and one $1.185 million closed sale.

Here are the year-to-date numbers:

Jan-March 2021                                                                          Jan-March 2020

Median list price:     $427,400                                                   $350,000

Median sales price: $430,000                                                   $345,000

No. of homes sold:      26                                                             15

Days on market:            2                                                             15

That’s a double digit increase in home prices from same period last year–14%! Buyers are consistently paying over list price for houses. I don’t know when the bidding wars will end–there is just so much demand. Currently there are just ten homes listing in Brookside, with a median price of $514,975 and eight days on market. Six homes are priced at or over $500K, four of those are well over one million dollars.

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

Armour Hills Home Sales Report-February 2021

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Armour Hills is blooming! Along with the rest of the city. Springtime brings out the buyers for our neighborhood, so expect more home sales in the warm months ahead. Even the cold weather though didn’t slow down the market–sales are up compared to last year at this time. Let’s look at the stats:

February 2021February 2020
Median list price: $335,000$339,900
Median sales price: $358,775$332,000
No. of homes sold: 5 3
Days on market: 2 49

Buyers paid about 7% over list price and home values are up 8% over February 2020. Below are the year-to-date numbers:

Jan-Feb 2021Jan-Feb 2020
Median list price: $347,000$339,925
Median sales price: $361,888$338,000
No. of homes sold: 8 4
Days on market: 2 46

Twice as many homes closed this year compared to last; and you can see how quickly new listings are going under contract: two days instead of a few weeks! Home prices are running about 7% over last year. Currently there is just one listing for sale in Armour Hills, priced at $425,000 and four days on market.

If I can provide you with more detailed information on Brookside or Waldo home sales, contact me!

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

Brookside Home Sales Report-Feb 2020

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Home values in Brookside are rising up like Spring daffodils! The demand for homes in our neighborhood shows no sign of slowing down. In addition, listings are way behind what they would normally be for this time of year. Multiple offers are the norm for just about any homes priced under $500,000. Here are the numbers for single family home sales, using the main Brookside zip code of 64113:

February 2021February 2020
Median list price: $380,000$359,975
Median sales price: $392,350$354,500
No. of homes sold: 16 16
Days on market: 2 35

Looking at those numbers, we see the same number of houses closed; listed homes went under contract in about 48 hours. Buyers were paying an average of 3.25% over the list price, and sold prices up over 10% compared to last February. Here are the YTD numbers:

Jan-Feb 2021Jan-Feb 2020
Median list price: $395,000$369,900
Median sales price: $397,200$370,000
No. of homes sold: 29 23
Days on market: 3 44

So far this year, values are running 7% over 2020. More homes have sold; and properties are going under contract in just a couple of days. It’s going to be a long ride for homebuyers this year….don’t give up! As for sellers, this is the time to get top dollar for your home if it’s priced competatively!

Currently there are just 8 active listings in Brookside, with a median list price of over $1,000,000. That’s because half of the listings are over the million dollar mark, including two homes, one priced just under $5.5 million and another $7.2 million. Days on market is 74, as those high dollar properties tend to sit on the market longer.

Have any questions about home prices in your area? Contact me for details!

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

Armour Hills Home Sales Report-January 2021

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Armour Hills is one of the most desireable neighborhoods in Brookside and the rising prices confirm it-the -median price of a home was unusually high in January 2021. However, just three homes closed, all in a higher than usual price for Armour Hills. Here are the numbers:

January 2021January 2020
Median list price: $500,000$433,000
Median sales price: $490,000$433,000
No. of homes sold: 3 1
Days on market: 3 44

Home values up 13% compared to last January but again, $490,000 is an unusually high median sales price for Armour Hills. The three homes that closed were on the upper end of the price spectrum. Currently there are NO active listings in Armour Hills. That could change tomorrow!

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

Waldo Home Sales Report-Jan 2021

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The cold weather and snow did not slow down home sales in Waldo last month… houses are still selling quickly! Here are the stats for January 2021, and a comparison to January 2020. The Waldo boundaries I’m using are State Line-Holmes and Gregory to 85th St.

January 2021January 2020
Median list price: $237,500$199,750
Median sales price: $237,000$196,250
No. of homes sold: 24 18
Days on market: 3 18

Home values are up almost 21% compared to a year ago! Still a lot of demand and not much inventory. The lowest closed price last month was $129,000 and the highest was $410,000. Currently there are just five listings in Waldo, with an average list price of $322,450 and five days on market.

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

Brookside Home Sales Report-January 2021

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A new year brings a new batch of Brookside homes for sale! Although there are many buyers ready to buy today, we don’t have the inventory to match demand. January was a busy month for closings; let’s take a look at the numbers. I’m using the main Brookside zip code of 64113 for this report:

January 2021January 2020
Median list price: $399,000$415,000
Median sales price: $432,000$400,000
No. of homes sold: 13 7
Days on market: 6 44

Home values are up over 8% compared to last January, and again, most homes that are going under contract sell at or over the list price.

Here’s a fun fact..as I write this blog, there are just six homes for sale in Brookside, with a median price of $2,645,000! Every home is priced well over $1,000,000! As we know, most buyers do not have the budget for a multi-million dollar home. This is the time when sellers are starting to prep their homes for sale, so we will have more inventory as the weeks go on and the weather warms up.

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

Waldo Dec 2020 Home Sales Report and Yearly Comparison

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Ah yes, I’m a few days late posting this information but still relevant! Waldo has been one of the hottest neighborhoods for buyers these past few years and 2020 was no exception! The stats below reflect the Waldo area in the boundaries of State Line to Holmes and Gregory to 85th St. First, we’ll look at the December numbers:

December 2020December 2019
Median list price: $210,000$220,000
Median sales price: $217,000$214,000
No. of homes sold: 31 31
Days on market: 2 19

The median sales price crept up a bit over last year, the same number of homes closed, the big difference is in days on market: most homes went under contract within 2 days of listing. The lowest sales price in December 2020 was $125K and the highest was $405K.

Now let’s look at a five year comparison:

20202019201820172016
$219,000$220,000$199,900$175,000$163,500
$226,000$215,250$200,000$176,000$163,950
375 358 381 400 387
4 10 19 12 21

Wonderful Waldo is hot!!!! Home values up just under 5% in one year, and 37.8% since 2016. Real estate…can be an excellent investment! I wish there was more inventory to meet the demand because multiple offers are still quite common, pushing prices way up. Currently there are just two single family homes for sale in Waldo, with a median price of $203,700 and 31 days on market.

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

Brookside Home Sales Report-Dec 2020 and 5 Year Comparison

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So, take a guess how much home prices in Brookside increased in 2020 compared to last year….read on and you’ll find out! I’m reporting the stats for single family home sales in the main Brookside zip code of 64113, along with a five year comparison.

December 2020December 2019
Median list price: $449,000$422,500
Median sales price: $430,000$420,000
No. of homes sold: 35 22
Days on market: 8 25

Last month we had two million dollar + homes that closed. The lowest sales price was $259,000 and the highest was $1,376,000. Below are year to date numbers for the past five years:

20202019201820172016
$419,475$389,950$409,900$395,000$350,000
$418,500$380,000$399,000$387,000$350,000
324300283297327
823182034

Home values are up 10% in one year, 19% since 2016. Houses are going under contract much faster, and selling very close to list price. Our highest 2020 sale was just under $2,000,000; fourteen homes closed at over $1,000,000. With interest rates at historic lows and demand quite high, I think we will have a robust spring homebuying season.

Our neighborhood remains very popular with buyers, despite the pandemic that overtook everything this year. Multiple offers are still quite common. Currently there are eleven active single family homes for sale in zip code 64113, with a median list price of $785,000 and 86 days on market. The median price is so high because seven houses are priced over $500K.

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

Armour Homes Home Sales Report-November 2020

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The end of the year is almost here!! I’m ready for a long, quiet snow day! Will take several days after this last blog post of the year–unless some exciting urgent news pops up. I’m working on a couple of blog posts for January 2020. For now, let’s look at the home sales report for Armour Hills in Brookside:

November 2020November 2019
Median list price: $319,000$325,000
Median sales price: $319,000$323,000
No. of homes sold: 5 3
Days on market: 7 31

Once again last month, many sellers got asking price or more for their homes. A few more homes closed and houses are still going under contract very quickly after they come on the market. Here are the year-to-date stats:

Jan-Nov 2020Jan-Nov 2019
Median list price: $347,000$339,450
Median sales price: $344,500$340,000
No. sold: 84 80
Days on market: 5 18

Final sales prices holding steady compared to last year–although we’ve had months this year when this year’s median price far surpassed the same month in 2019. Next month I will post year over year comparisons. Currently there are no homes for in Armour Hills!

I hope everyone enjoys a safe, happy holiday season as we all look forward to next year and a more “normal” life at some point. Please remember to support locally owned Brookside/Waldo businesses as much as possible! And thank you for reading my blog.

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