Waldo Home Sales Report-June 2019

Halfway through the year, Waldo home sales are still going strong!  Prices continue to rise and most homes are going under contract within a week of listing. Below are the stats, using the street boundaries of Gregory to 85th and State Line to Holmes:

June 2019                                                                June 2018

Median list price:     $215,000                            Median list price:     $194,000

Median sales price:    $213,000                          Median sales price:    $205,000

No. of homes sold:       37                                    No. of homes sold:      33

Days on market:         7                                        Days on market:          35

The numbers are showing us that prices are up, and homes sold faster than June 2018.  Let’s see where Waldo is year-to-date:

Jan-June 2019                                                       Jan-June 2018

Median list price:     $230,000                        Median list price:    $200,000

Median sales price:   $228,000                     Median sales price:   $200,500

No. of homes sold:      164                                  No. of homes sold:      182

Days on market:          10                                   Days on market:          16

The highest sold sales price so far this year in Waldo is $382,000 and the lowest is $26,000–that’s quite a range!  YTD, values are up just over 11%

Currently there are 38 single family homes for sale in Waldo, with a median list price of $234,500 and 20 days on market.

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

 

Armour Hills Home Sales Report-June 2019

As a Brookside neighborhood (Armour Hills is one of the larger subdivisions in the area), buyers are still snapping up homes quickly–yet the market does appear to be slowing down..probably usual mid July slump as so many people head out of town on vacation. Here are the stats for June home sales in Armour Hills:

June 2019                                                                    June 2018

Median list price:     $329,000                                 Median list price:     $315,000

Median sales price:    $329,000                               Median sales price:     $322,500

No. of homes sold:        9                                          No. of homes sold:      8

Days on market:          24                                           Days on market:          6

Last month, the average days on market were longer, but still sellers are getting very close to list price.  The lowest closed sale in June was $293,000 and the highest was $358,000.  Here are YTD figures:

Jan-June 2019                                                            Jan-June 2018

Median list price:     $347,500                                 Median list price:     $314,900

Median sales price:   $350,000                             Median sales price:     $315,000

No. of homes sold:      43                                         No. of homes sold:      37

Days on market:         24                                          Days on market:         5

Home values up 11% compared to the same period last year.  I don’t think that percentage will be sustained through the end of the year. Currently there are 9 active listings in Armour Hills, ranging from $239,000-$379,500 and 57 days on market.  Median list price is $284,950.

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

Brookside Home Sales Report-June 2019

We are halfway through the year…how are Brookside home sales holding up compared to last year?  Sales are still strong and prices up.  Read on for details…I am using the main Brookside zip code of 64113 (State Line to Oak; 55th to Gregory) for these stats.

June 2019                                                           June 2018

Median list price:      $369,000                       Median list price:     $412,500

Median sales price:   $370,000                       Median sales price:  $397,000

No. of homes sold:       31                                 No. of homes sold:     40

Days on market:           11                               Days on market:           16

Median sales price was down almost 7% compared to last year…however, in June 2018 there were three million dollar sales (just one last month) and more homes sold.  Still, many sellers getting at or over asking price!  Here are the YTD figures:

Jan-June 2019                                                       Jan-June 2018

Median list price:      $395,000                          Median list price:       $399,450

Median sales price:    $389,807                         Median sales price:   $386,750

No. of homes sold:        154                                No. of homes sold:    144

Days on market:           28                                   Days on market:       14

Prices are a little higher than last year and sellers getting very close to asking price and more homes sold YTD.  Currently there are 41 active single family homes listed in Brookside, with a median list price of $424,950 and 62 days on market.

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

 

 

 

Waldo Home Sales Report-May 2019

I remember a time not that long ago when I would show homebuyers in Waldo a pretty nice, small 3 bedroom, one and a half bath home in Waldo for under $200K near 75th and Wornall. Not anymore–buyers are having to go farther south and/or east, plan fix up projects or get less square feet for that price.  Waldo home values continue to rise at a fast pace. Here are the stats, using the boundaries of State Line to Holmes and Gregory to 85th St:

May 2019                                                                  May 2018

Median list price:     $229,950                               Median list price:      $224,700

Median sales price:    $227,500                            Median sales price:    $227,000

No. of homes sold:       40                                       No. of homes sold:      40

Days on market:          4                                           Days on market:          9

Prices rose over last May, and homes went under contract faster. The lowest sales price was $49,950 and the highest was $375,000.  Here are year-to-date figures:

Jan-May 2019                                                            Jan-May 2018

 Median list price:     $225,000                                Median list price:     $195,000

Median sales price:    $219,950                              Median sales price:     $195,000

No. of homes sold:       132                                      No. of homes sold:          161

Days on market:          10                                        Days on market:           15

Fewer homes have sold YTD, but home prices up 12.79% over last year.  There is still a huge demand for well maintained, move in ready homes in Waldo, especially near the bustling 75th and Wornall intersection. Being close to restaurants, shops, services–on just about every Waldo homebuyers wish list!  Currently there are 32 homes for sale, with a median asking price of $242,475 and 29 days on market.

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

 

 

Armour Hills Home Sales Report-May 2019

I’m still amazed at how quickly Armour Hills home values have shot up since the recession–home ownership is a good investment!  Houses are still selling very quickly at close to asking price.  Here are the numbers:

May 2019                                                                   May 2018

Median list price:     $365,000                                Median list price:     $325,000

Median sales price:   $359,000                               Median sales price:   $320,000

No. of homes sold:      12                                          No. of homes sold:    7

Days on market:           8                                           Days on market:       5

Most new listings went under contract within a week of hitting the market. The highest closed price last month was $460,000.  Below are year-to-date figures:

Jan-May 2019                                                          Jan-May 2018

Median list price:       $350,000                            Median list price:       $312,000

Median sales price:    $355,000                            Median sales price:    $310,000

No. of homes sold:      35                                        No. of homes sold:  29

Days on market:           26                                       Days on market:      5

At almost the halfway point in the year, Armour Hills home prices are up 14.5% over same period last year.  Are you surprised that your property tax assessment is climbing so quickly?? Currently there are 7 active listings, with a median price of $296,500 and 30 days on market.

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

 

Brookside Home Sales Report-May 2019

More homes are selling in Brookside this year, and at higher prices.  Our neighborhood is still a very strong attraction for homebuyers!  Here are the May sales stats for single family homes in the primary Brookside zip code  of 64113:

May 2019                                                                       May 2018

Median list price:       $424,900                                 Median list price:      $370,000

Median sales price:    $422,450                                Median sales price:     $375,000

No. of homes sold:          40                                       No. of homes sold:          30

Days on market:             22                                       Days on market:               9

The highest closed price house last month was $1.375 million and the lowest was $214,000.  Compared to same time last year, home values jumped up 12.6%!  Keep in mind though, we are in the hot and heavy spring buying season.  Let’s look at YTD stats:

Jan-May 2019                                                           Jan-May 2018

Median list price:       $399,950                            Median list price:     $374,750

Median sales price:    $395,000                           Median sales price:   $378,000

No. of homes sold:       123                                   No. of homes sold:       104

Days on market:          34                                       Days on market:           9

As we approach the halfway point of 2019, home values are up in Brookside by 4.5%.  Although more homes are selling, they are taking a bit longer to go under contract.  Currently there are 44 single family home listings in Brookside, ranging from $239,000 to just under $4,000,000.  Median list price is $452,000 and 61 days on market.

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

 

 

 

Waldo Home Sales Stats-April 2019

We are in the middle of the peak Spring home buying season…yet sales are down in Waldo.  Prices are up, though.  Is the slowdown a lack of inventory, lack of demand or is Waldo following the national trend of fewer home sales?  Time will tell. Here are the stats for single family  home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

April 2019                                                            April 2018

Median list price:        $239,000                      Median list price:      $209,975

Median sales price:    $220,000                     Median sales price:    $212,500

No. of homes sold:      31                                  No. of homes sold:       44

Days on market:         9                                      Days on market:         30

The lowest closed price last month was $95,000 and the highest was $382,000-highest sold price this year so far.  Below are year-to-date figures:

Jan-April 2019                                                      Jan-April 2018                                                   

Median list price:        $222,500                        Median list price:     $189,950

Median sales price:      $217,700                      Median sales price:    $193,000

No. of homes sold:         92                                 No. of homes sold:       120

Days on market:            16                                  Days on market:          16

Home prices are higher 12.8% compared to same time last year, even though fewer homes have sold.  Demand is still high for the well maintained, updated and move in ready homes.  Currently there are 23 single family homes for sale in Waldo, with a median list price of $255,000 and 14 days on market.

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

Armour Hills Home Sales Report-April 2019

Armour Hills continues it’s upward climb in home values again last month, with values way up YTD.  Let’s take a look at the numbers in this large Brookside subdivision of just under 1000 homes:

April 2019                                                             April 2018

Median list price:      $358,700                            Median list price:      $318,500

Median sales price:    $366,250                          Median sales price:    $339,500

No. of homes sold:     10                                       No. of homes sold:        8

Days on market:          2                                       Days on market:              6

Nine out of the ten homes that closed last month sold at or above list price.  And here are the year-to-date figures:

Jan-April 2019                                                             Jan-April 2018

Median list price:      $347,500                                   Median list price:     $300,000

Median sales price:   $350,000                                  Median sales price:   $304,500

No. of homes sold:       23                                           No. of homes sold:        22

Days on market:           31                                           Days on market:            6

So far this year, home values up 14.9% in Armour Hills!  The sellers’ market continues for this neighborhood.  Currently there are ten homes listed, with a median price of $366,975 and 24 days on market.

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

Brookside Home Sales Report-April 2019

Home sales and values continue to surge in Brookside during the traditional strong spring home buying season.  Here are the stats for single family home sales last month in Brookside, using the zip code of 64113:

April 2019                                                                       April 2018

Median list price:       $425,000                                     Median list price:     $389,450

Median sales price:    $420,000                                   Median sales price:   $388,500

No. of homes sold:         31                                            No. of homes sold:       22

Days on market:             9                                               Days on market:          5

The lowest closed sales price last month was $241,000 and the highest was $1.6 million. Three homes sold in April over the $1 million mark.  

Here are year-to-date comparisons:

Jan-April 2019                                                                  Jan-April 2018

Median list price:     $395,000                                    Median list price:       $387,450

Median sales price:   $390,000                                   Median sales price:    $378,000

No. of homes sold:      83                                             No. of homes sold:     74

Days on market:          38                                             Days on market:         12

Although days on market was longer, prices are up 3.3% compared to 2018.  The strongest demand, as usual, is for homes priced under $400,000.  Currently there are 51 active listings, with a median list price of $464,950 and 45 days on market.  Eight homes are priced over $1 million.

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

 

Armour Hills Home Sales Report-March 2019

Regular readers of this blog will know how much the home values in the Armour Hills subdivision of Brookside have risen over the past few years. So far in 2019, Armour Hills is beating Brookside as a whole for the increase.  See stats below!

March 2019                                                        March 2018

Median list price:     $339,900                        Median list price:     $269,500

Median sales price:   $327,000                       Median sales price:  $265,500

No. of homes sold:        7                                  No. of homes sold:      14

Days on market:          69                                   Days on market:           6

Here are YTD figures:

Jan-March 2019                                               Jan-March 2018

Median list price:     $339,900                      Median list price:     $289,475

Median sales price:   $327,000                     Median sales price:  $287,000

No. of homes sold:        13                              No. of homes sold:     16

Days on market:             81                             Days on market:        14     

Prices are up 13.9% YTD whereas the entire Brookside neighborhood (using zip 64113)   dropped just over 1% same period. However, the Armour Hills sample is much smaller and there is such a huge range of home prices in Brookside (from the $200s into the millions) that this could just be a fluke. We are just now into the busy spring buying season–and I know the demand is strongest for homes priced under $400K–which is just where Armour Hills prices fall.  The numbers should even out more as the year goes on.

Currently there are 11 homes for sale in Armour Hills, with a median list price of $360,000 and 17 days on market.

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