Waldo Home Sales Report-August 2021

Nothing really new regarding this report…Waldo prices continue to rise, and homes go under contract very quickly. Perhaps as we get into the fall/holiday season, prices will ‘normalize’ somewhat and bidding wars will subside. For these numbers, I’m using Waldo street boundaries of State Line to Holmes, Gregory to 85th St.

Jan-Aug 2021                                                                            Jan-Aug 2020

Median list price:             $250,000                                           $220,000

Median sales price:         $265,000                                           $226,000

Days on market:              2                                                          4

No. homes sold:               257                                                     240

Last month, most homes went under contract within two days and prices up 9.6% compared to August 2020. The lowest closed price was $100,000 and the highest was $500,000.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                            Jan-Aug 2020

Median list price:             $250,000                                           $220,000

Median sales price:         $265,000                                           $226,000

Days on market:              2                                                          4

No. homes sold:               257                                                     240

Compared to last year at this time, home values are up 17% ! More homes are selling, for more money and in less time. Currently there are 20 homes listed, with a median price of $249,950 and 23 days on market. Prices range from $97,000 to $417,000.

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

Waldo Home Sales Report-May 2021

Ready for the latest Waldo home sales stats? Yes, prices continue to rise, and yes, homes are selling quickly. If you are trying to buy a home in Waldo–don’t get discouraged! Stay the course, be prepared and eventually it will work out. This report reflects the Waldo boundaries of Gregory to 85th St and State Line to Holmes.

May 2021                                                                                       May 2020

Median list price:     $265,000                                                    $254,950

Median sales price:  $278,500                                                   $249,000

No. sold:                        30                                                              36

Days on market:                                                                        4

Home values up 11% compared to May 2020; the lowest closed price last month was $119,000 and the highest was $605,000.

Here are the year-to-date numbers:

Jan-May 2021                                                                                          Jan-May 2020

Median list price:       $249,950                                                                 $215,000

Median sales price:   $263,500                                                                 $222,000

No. sold:                             158                                                                      131

Days on market:               2                                                                            13

Another big increase in Waldo home values over last year–18% year-to-date. Currently, there are just ten single family homes for sale in Waldo, with a median list price of $240,000 and 8 days on market. Prices range from $109,000 to $429,000.

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

Waldo Home Sales Report-Feb 2021

I remember when it was fairly easy to buy a house in Waldo for under $200K. Those days are gone! Housing prices keep rising in Waldo, and compared to last year–values are up in the double digits. I’m checking single family home sales in Waldo, using the boundaries of Gregory to 85th and State Line to Holmes.

February 2021February 2020
Median list price: $289,475 $209,000
Median sales price: $298,750$212,500
No. of homes sold: 24 15
Days on market: 15 22

The lowest closed price in Feb 2021 was $112,520 and the highest was $439,900. Here are the year-to-date numbers:

Jan-Feb 2021Jan-Feb 2020
Median list price: $265,000$205,000
Median sales price: $265,000$206,225
No. of homes sold: 47 32
Days on market: 13 24

Look at the difference between the two sales prices: values are up 28% YTD. That is incredible. More homes are selling, and in a shorter period of time. And as of this writing, there are just four homes listed in Waldo, with a median asking price of $180,000 and 4 days on market.

Contact me if you would like more details information on housing sales near you!

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

Waldo Home Sales Report-Jan 2021

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

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

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.)

The Never-Ending Street Construction in Brookside/Waldo

Hello and Happy 2021!! Hope everyone had a safe and enjoyable holiday break. Now we are in, to me, the most boring time of year. But, we have the Chiefs to cheer on in the playoffs!!!!

OK, down to business. I’m sure you’ve noticed all the construction along several streets in Kansas City:  63rd, Wornall, 75th and Gregory.  I travel these streets every day and have been dodging cones, workers, steel plates and weaving along trying to stay in one skinny lane with oncoming traffic!   What is happening??

How many cones are you dodging each time you drive through our neighborhood?

I called Sean Ackerson, Executive Director of the Southtown Council for more information.  He explained that Spire Gas and their subcontractors are doing utility work along these streets, replacing the 100 year old cast iron main gas lines.  This new high pressure system they are installing creates a more efficient distribution system.

The construction work is taking longer than usual because, well, these projects usually do!  There was a lot of exploratory work in the beginning to find and mark the water and sewer lines so they could map out the new gas pipes. This project started over two years ago—and there’s still several months to go before it’s finished.  And when the winter weather hits, everything stops as the crews can’t work in rain, snow and ice.  I asked Sean if there was a possible end date in sight, and he replied:  “We have the schedule they gave us, but it’s not reliable due to the unpredictability of weather and other scheduled breaks for holidays.”  After the gas lines are set, then the work moves to adjoin the adjacent business and residential properties along these streets to the new main lines.  This can involve moving gas meters outside of the properties as well.

Staging area for supplies along Brookside Road

Another big project planned for Brookside – which has the potential to be even more disruptive—is separating the storm and sanitary sewer lines underground.  This project was mandated by the EPA several years ago—and it’s one reason your water bills go higher and higher.  This will involve ripping up the streets once again.

It’s unfortunate that these major projects can’t be coordinated, so there isn’t so much disruption.  Just be careful and patient when travelling along these streets in Brookside, watching for the workers, cones and detours.  And make an extra effort to support those local businesses who’s storefronts are affected!  Whenever it’s all finished—one year, five years, it’s all needed infrastructure improvement for our neighborhood.

Waldo Home Sales Report – Nov 2020

Just like the days during COVID 19 can all seem the same, these sales stats for Waldo home sales have been very much the same this year! I’m using the boundaries of State Line to Holmes and Gregory to 85th for this report, single family homes.

November 2020November 2019
Median list price: $249,950$225,000
Median sales price: $250,700$221,250
No. of homes sold: 26 26
Days on market: 10 13

The numbers tell us the home prices up since last November; about the same time on market and same number of homes sold. Year-to-date figures are below:

Jan-Nov 2020Jan-Nov 2019
Median list price: $225,000$225,000
Median sales price: $230,000$220,000
No. of homes sold: 342 327
Days on market: 4 10

The sales price is over the list price, showing again how bidding wars can be common and most sellers getting at or over asking price. More homes sold so far this year, indicating the strong demand. Next month I’ll post December and year end comparisons.

Currently there are 15 active single family listings in Waldo, with a median list price of $299,000 and 27 days on market.

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

Waldo Home Sales Report-Oct 2020

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 2020October 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 2020Jan-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.)

New Floral Shop Opens in Waldo

Flowers!  Can’t help but smile when you walk by a colorful floral garden, a unique centerpiece or receive a blooming arrangement that fills your space with a soft, fresh scent.  Waldo has a new flower shop, Botanica Flower Studio at 7443 Broadway—and I stopped by last week to find out more.

Heather Coones

Owner Heather Coones has been a florist for eighteen years.  Back in her college days at K State, she would walk the campus dreaming of owning her own shop.  She earned a degree in geography as she loves to travel—and eventually got a job at The Fiddly Fig.  After a while, she struck out on her own, doing wedding and special events out of her Leawood home.  Finally, she just fulfilled her dream and opened the small shop, sandwiched between Hiles Two and Soap Station, a couple of storefronts south of Waldo Pizza.  Heather grew up in Brookside, and explained why she picked this Waldo spot: “ I love this area.  It’s a good location and I know the community supports local businesses.  There is easy access to many special event locations.  And I like to connect with people on a daily basis—flowers make people happy!”.

I asked Heather what makes her bouquets and arrangements different from others.  Her approach is to offer a “really good value. When you order from me, I look at what flowers and greenery are at their best at the time, and I get my product from local growers as well as wholesalers.  I like unique color combinations; I use lots of different textures, incorporating greens and herbs.  I like to use flowers and greens that you don’t always see in a shop.   The trend  in arrangements now  is the loose, gathered garden look —not a tight, stiff, rounded  arrangement.  I like to work with my customers to create something different that still looks fresh, eye catching and expressive.”

Botanica Flower Studio also has several kinds of vases and potted plants for sale; Heather plans to add Cedar Street Toffee treats for sale if you want to add sweets to your bouquet!  Behind the store is a shady, cozy, open air patio that’s available for small private wedding showers.  Current hours at the shop are 12-5 Monday through Friday; delivery is available.  The best way to order a single special bouquet or arrangement right now is to email Heather from the website—however, walk ins are welcome! 

Botanica Flower Studio is located at 7443 Broadway in wonderful Waldo!