Category Archives: Kansas City Home Sales Statistics

Waldo Home Sales Report – July 2024

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You may have heard that home prices are coming down…and that may be true in some areas, because “all real estate is local” as the saying goes. Waldo, however, continues to see rising prices. Here are the July stats for single family home sales in this area: Holmes to State Line; Gregory to 85th St:

JULY 2024JULY 2023
Median list price:$295,000$250,000
Median sales price:$305,000$270,000
Days on market:32
No. of homes sold:2719

Prices were up 13% over July 2023 and most sellers are getting asking price or a bit over. Just about 42% more homes changed ownership and most do not sit on the market a long time. The lowest closed price was $100K and the highest was $532,000. Here are the year-to-date numbers:

JAN-JULY 2024JAN-JULY 2023
Median list price:$299,000$292,500
Median sales price:$305,000$299,450
Days on market:33
No. of homes sold:154162

These numbers, though, show the number of homes sold is down but not by much; prices are up just under 2% for the year. Remember, it usually takes 30-60 days for a house to close once it is under contract so the July 2024 closed sales likely went under contract in May and June, peak buying season. Currently there are 33 properties for sale in Waldo, with a median list price of $295,000 and 33 days on the market. Prices range from $160,000-$525,000. Waldo continues to be an affordable and desirable place to live!

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

Brookside Home Sales Report – July 2024

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Home prices in Brookside jumped up compared to July 2023; overall, prices have slipped. The number of homes changing owners remains fairly steady. Let’s take a look at the details; these stats reflect single family home sales in the main Brookside zip code of 64113:

JULY 2024JULY 2023
Median list price:$650,000$535,000
Median sales price:$650,000$570,000
Days on market:22
No. of homes sold:2929

It’s unusual that the median list price is exactly the same number as the median sales price; and consistently, most of homes that do go on the market sell fast. Compared to July 2023, prices jumped 14%! There were six million dollar plus homes that closed last month; the highest was $1,890,000 and the lowest sales price was $400,000. Here are the year to date stats:

jan-july 2024jan-JULY 2023
Median list price:$549,000$575,000
Median sales price:$566,000$577,000
Days on market:33
No. of homes sold:145159

And here we have….many buyers paying over the list price, as reflected in the median sales price being 3% over the asking price. Yet, home prices are down just 2% from 2023. The drop in price is not drastic and because most moderately priced homes go under contract quickly–there is still a lot of demand for $500K and under homes. Currently there are 27 active listings in Brookside; the median asking price is $570,000 and 39 days on market. There are five homes priced over $1,000,000 and just 11 properties priced under $500K.

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

Armour Hills Home Sales Report – June 2024

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At the halfway point in the year, let’s take a look at June home sales for Armour Hills on this last day of July. In Brookside as a whole, prices are down from last year and fewer of properties have sold. That’s true for the monthly report but not year-to date! Let’s take a look:

JUNE 2024JUNE 2023
Median list price:$419,000$430,000
Median sales price:$442,500$476,250
Days on market:22
No. of homes sold:56

Last month, most buyers paid over the list price, around 5.6%. Home prices were down 7% compared to last June. The lowest closed price was $398,800 and the highest was $485,000. Look at these year to date figures– prices are up:

JAN-JUNE 2024JAN-JUNE 2023
Median list price:$432,122$415,000
Median sales price:$444,750$436,000
Days on market:22
No. of homes sold:2827

Unlike Brookside as a whole (prices dropped 4% first half of the year); Armour Hills prices were up 2%. Most homes are still selling within a few days of hitting the market and buyers continue to pay over list price. Currently there are three homes listed in Armour Hills, with a median list price of $375,000 and 40 days on market.

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

Waldo Home Sales Report – June 2024

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Halfway through the year and Waldo home prices overall are up, which is the opposite of it’s neighbor Brookside during the same time frame. Let’s take a look; these stats are for single family homes bounded by State Line to Holmes and Gregory to 85th St.

JUNE 2024JUNE 2023
Median list price:$305,000$322,500
Median sales price:$326,000$333,750
Days on market:43
No. of homes sold:3336

Buyers paid an average of 6.8% over asking price; yet prices dropped just over 2% compared to the same period last year. The lowest closed price was $125,000 and the highest was $631,000–that was $56K over list price. Yes friends, there are still bidding wars going on! Here are the year-to-date numbers:

JAN-JUNE 2024JAN-JUNE 2023
Median list price:$299,000$292,500
Median sales price:$305,500$296,000
Days on market:33
No. of homes sold:128142

Here we see that the median sales price rose 3% compared to a year ago; that is a modest increase. Buyers are paying about 2% over the list price; the number of homes that changed owners dropped by 10%.

Currently there are 23 single family homes for sale in Waldo–and over half of them are under $300K. Current median price is $255,000. This could be the time to buy–more selection as some homes sit on the market longer. Traditionally there is some reason a house sits for more than a few days–just see the days on market stat in the charts above! Still, if buyers can be a bit more flexible, there may be some Waldo deals out there!

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

Armour Hills Home Sales Report – May 2024

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Just a couple of days late in getting this final May home sales report published for Armour Hills as we are already into July! Happy birthday USA!

MAY 2024MAY 2023
Median list price:$397,000$487,500
Median sales price:$400,000$526,500
Days on market:23
No. of homes sold:44

The first thing to notice here is the median sales price was 24% lower than May 2023; the same number of homes sold; however, that’s a big drop. The lowest closed price was $380K and the highest was $447K. However, check this out: three of the four homes that sold went over asking price by at least $20,000. Here are the year-to-date numbers:

JAN-MAY 2024JAN-MAY 2023
Median list price:$434,343$395,000
Median sales price:$447,000$417,000
Days on market:35
No. of homes sold:2321

As is usual now, buyers still paying over the list price for most properties; YTD about 2.8%. Values are up 7.19% for the year; approximately the same number of homes changing owners. Currently there are four homes for sale in Armour Hills; the median list price is $428,500 and 26 days on market.

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

Brookside Home Sales Report-May 2024

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Homebuyers are pushing prices up in Brookside; yet year to date, the median sales priced dipped from last year. What’s going on?? Let’s take a closer look at the numbers. I’m using the main Brookside zip code of 64113, single family home sales, for these stats:

MAY 2024MAY 2023
Median list price:$695,000$575,000
Median sales price:$725,000$582,000
Days on market:32
No. of homes sold:2528

The closed sales price was way up– 24% compared to 2023; and most buyers still paying over list price by about 4%. There were 4 million dollar + sales last month; the lowest closed price was $380K and the highest was $3.350 million cash. Only five homes closed under $500K; because most Brookside homes that closed were well over $500K, the median sales price was pushed way up compared to last year. The number of homes changing owners remains consistent. Here are the YTD figures:

JAN-MAY 2024JAN-MAY 2023
Median sales price:$535,000$567,000
Median list price:$553,500$576,000
Days on market:34
No. of homes sold:9191

So far this year, prices are down around 4% compared to 2023; yet again, most buyers are paying over the list price. We’ve had ten $1million + homes close this year. And consistently, most houses are under contract within a few days no matter what the price.

Currently there are 18 listed single family homes in Brookside, with a median list price of $587,500 and 25 days on the market.

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

Armour Hills Home Sales Report-April 2024

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Although when I check Armour Hills sales stats, it is a smaller group of homes than Brookside as a whole; about 900 homes in the subdivision. But it is a highly desirable area for many reasons, and sometimes buyers go way, way over list price to live here. And that affects all of Brookside. You’ll see in this report:

APRIL 2024APRIL 2023
Median list price:$445,000$427,000
Median sales price:$515,000$430,000
Days on market:24
No. of homes sold:76

Compared to last April, prices rose almost 20%! And buyers were paying well over asking price, median was 15.7%. Just seven homes closed, but note: one home sold $50K over asking price; a second sale was $70K over asking price and the 3rd was $40K over asking price. When buyers drive up prices so drastically, it really skewers the comparable homes for pricing and in turn, drive prices much higher than normal. The lowest closed price was $660,000 and the lowest was $430.

Here are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$445,000$385,000
Median sales price:$475,000$405,000
Days on market:36
No. of homes sold:1917

Home values are running 17% higher than last year in Armour Hills; about the same number of homes are changing ownership and homes still sell in under a week. Currently there are three homes listed in Armour Hills, with a median price of $489,000 and 12 days on market.

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

Waldo Home Sales Report-April 2024

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One more quick blog before the long holiday weekend..the unofficial start of summer! The busy home buying season is here–new listings are selling fast. Here are the single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

APRIL 2024APRIL 2023
Median list price:$299,900$267,500
Median sales price:$310,000$278,750
No. of homes sold:1922
Days on market:34

Buyers still paying over the list price; and values are up 13% compared to April 2023. The lowest closed price was $260,000 and the highest was $315,000. Below are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$295,000$275,000
Median sales price:$299,000$275,000
No. of homes sold:7169
Days on market:39

The number of homes changing owners is pretty steady; homes are going under contract within a couple of days being listed. Prices are up 8.7% for the year.

There are currently 14 homes for sale in Waldo, including three newly built properties. The lowest asking price is $230,000 and the highest is $679,000. Enjoy the holiday!

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

Brookside Home Sales Report-April 2024

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Smell the fresh cut grass, admire the colorful flowers, sleep with the windows open and a cool breeze at night…Spring is here in Brookside! For Sale signs are stuck in front yards, advertising homes on the market. Let’s take a look at the April sales stats for single family homes in Brookside:

APRIL 2024APRIL 2023
Median list price:$497.250$519,000
Median sales price:$523,000$516,000
Days on market:23
No. of homes sold:2217

Most buyers paid over the list price by about 5%; a few more contracts closed and prices were up a modest 1.3% compared to April 2023. The lowest closed price was $300K and the highest was $1,050,000. Here are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$499,950$550,000
Median sales price:$517,500$537,250
Days on market:37
No. of homes sold:6662

Here we see something unusual; prices were down 3.6% YTD over 2023; yet most buyers paying over list price. A few more homes changed owners this year. Currently there are 19 homes listings in Brookside with a median asking price of…..$920,000!! Most homes are priced over $500K, including 7 homes over a million. The lowest priced home is $450,000 and the highest is $8.5 million.

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

Waldo Home Sales Report-March 2024

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Nothing new here…prices for Waldo homes keep increasing! However, I will say that Waldo is still one of those areas where you can buy a house for over $400K or even under $250K–location and condition vary of course! Let’s take a look at the numbers; I’m using stats for single family homes located between State Line and Holmes, Gregory to 85th St.

MARCH 2024MARCH 2023
Median list price:$299,900$245,000
Median sales price:$300,000$248,750
Days on market:310
No. of homes sold:2116

Compared to March 2023, home values in Waldo are up just over 20%! Buyers are paying asking price or a bit over–and more homes have changed hands. The lowest closed price was $133,500 and the highest was $475,000.

Here are the year-to-date numbers:

JAN-MARCH 2024JAN-MARCH 2023
Median list price:$285,000$282,425
Median sales price:$291,000$271,500
Days on market:313
No. of homes sold:4944

For the year, prices are up 7%; the number of homes changing owners remains pretty steady. Currently there are 11 single family homes for sale in Waldo, with a median list price of $310,000. Two of the homes are new builds; lowest list price is $247,500 and the highest is $689,000.

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