Waldo Home Sales Report-July 2022

Wonderful Waldo, homebuyers want to live there and prices keep going up as a result! There’s been a big gain in home values compared to last year, as you’ll see with the stats below. Let’s start with the July numbers; I’m using Waldo boundaries of Gregory to 85th and State Line to Holmes for the numbers:

July 2022July 2021
Median list price:$285,000$234,500
Median sales price:$301,000$260,000
Days on market: 3 2
No. homes sold: 35 32

Homes that closed last month were about 5% over the asking price; and values rose 15.7% compared to July 2021. The lowest closed price was $150K and the highest was $525,000.

Here are the year-to-date stats:

January -July 2022January-July 2021
Median list price: $259,000 $250,000
Median sales price: $278,000 $265,000
Days on market: 3 2
No. homes sold: 187 233

Overall, home prices are up 4.9% this year as compared to same period last year. And buyers are still paying over the list price. You’ll note fewer houses selling; 25% less than a year ago. This could be a result of higher interest rates that kicked in this spring.

Currently there are 18 single family homes for sale in Waldo with an average list price of $270,500 and 17 days on the market. Prices range from $139,000 to $485,000.

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

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.)

Waldo Home Sales Report-June 2020

Demand for single family homes in the Waldo area is not slowing down…even with a pandemic going on! Prices keep rising; buyers often pay over list price for homes. Here are the stats for June, using the closed sales in the street boundaries of State Line to Holmes and Gregory to 85th St:

June 2020June 2019
Median list price: $230,000$217,500
Median sales price: $244,000$215,000
No. of homes sold: 4340
Days on market: 27

Buyers are paying over list price; an average of 6% ! And as you can see, most homes are going under contract within 48 hours of hitting the market. WOW. Let’s see what the year-to-date trend is:

Jan-June 2020Jan-June 2019
Median list price: $222,500$222,500
Median sales price: $228,200$219,500
No. of homes sold: 167176
Days on market: 510

YTD, Waldo home prices are up about 4% compared to 2019, and are going under contract quickly. Currently there are 21 active single family homes listed, with a median price of $325,000 and ten days on market. Prices range from $195,000 to $555,000.

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

Waldo Home Sales Report-July 2019

Reading this blog may seem like the Groundhog’s Day movie…same news about Waldo home values increasing, over and over!  Let’s take a look at the numbers:

July 2019                                                              July 2018

Median list price:     $239,000                         Median list price:    $215,000

Median sales price:   $243,000                       Median sales price:  $210,000

No. of homes sold:     34                                  No. of homes sold:      43

Days on market:      3                                       Days on market:         8

Most of the homes that closed last month sold at or over list price, at a substantial increase over last July.  Fewer homes sold, and were available, so that pushes prices up and note–listings went under contract in an average of 3 days!  Below are YTD numbers:

Jan-July 2019                                                               Jan-July 2018

Median list price:     $225,000                                  Median list price:     $199,800

Median sales price:  $225,000                                 Median sales price:   $200,000

No. of homes sold:     198                                         No. of homes sold:     234

Days on market:        8                                             Days on market:         16

When there are fewer homes for sale, prices go up–that’s what’s been happening in Waldo.  Most sellers continue to get ask or over list price for their homes.  So far, Waldo home prices  have risen 12.5% this year.  Currently there are 29 active listings, with a median price of $235,000 and 41 days on market.  Prices range from $45,000 to $399,000.

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

 

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.)

 

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.)

 

 

Waldo Home Sales Stats-Oct 2018

Home prices in Waldo continue their upward trend…I think they will surpass Brookside in terms of percentage rise in 2018.  We’ll see! For now, here are the October single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

October 2018                                                           October 2017

Median list price:        $225,000                             Median list price:     $199,450

Median sales price:     $221,125                           Median sales price:    $195,000

No. of homes sold:        29                                     No. of homes sold:       22

Days on market:           20                                      Days on market:           5

The lowest sales price last month was $134,000 and the highest sale was $425,000.

Here are year-to-date figures:

Jan-Oct 2018                                                           Jan-Oct 2017

Median list price:        $200,000                         Median list price:       $179,900

Median sales price:     $206,500                         Median sales price:     $180,000

No. of homes sold:       324                                 No. of homes sold:      324

Days on market:          18                                   Days on market:           12

Home prices are up over 14% YTD for Waldo..and as you can see, many buyers paying over the asking price.  Currently there are 36 single family homes for sale in Waldo, with a median price of $222,000 and 43 days on market.  The lowest price is $85,000 and highest list price is $384,950.

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

 

 

 

Waldo Home Sales Stats-Sept 2018

And the Waldo home values keep rising in 2018….so much demand, not enough inventory.  Here are the single family home sales stats for last month, using the boundaries of Gregory, 85th St, State Line and Holmes Road:

Sept 2018                                                                         Sept 2017

Median list price:     $195,000                                   Median list price:      $190,000

Median sales price:    $195,000                                Median sales price:    $202,000

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

Days on market:          30                                            Days on market:        10

The lowest sales price last month was $97,500 and the highest was $425,500.

Checking year-to-date numbers:

Jan-Sept 2018                                                                  Jan-Sept 2017

Median list price:     $198,000                                    Median list price:    $175,000

Median sales price:   $199,000                                  Median sales price:  $179,900

No. of homes sold:     305                                           No. of homes sold:    309

Days on market:         19                                             Days on market:       12

Number of homes sold and days on market are fairly consistent; prices are up over 10% compared to last year.  Currently there are 39 single family homes for sale in Waldo, with an average list price of $210,000 and 35 days on market.  The lowest list price is $85,000 and the highest is $415,000.

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

Waldo Home Sales Report-May 2018

Double digit increases in home values continue in the Waldo area…when is the market going to slow down in this super hot neighborhood??  Here are the May 2018 single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

May 2018                                                            May 2017

Median list price:    $221,750                           Median list price:     $187,450

Median sales price:   $221,000                         Median sales price:   $189,250

No. of homes sold:     36                                   No. of homes sold:      44

Days on market:       10                                     Days on market:         12

Prices were up 16% over same period last year, and most sellers continue to get more than asking price for their properties.  Here are the year-to-date figures:

Jan-May 2018                                                  Jan-May 2017                      

Median list price:      $195,000                     Median list price:     $175,000

Median sales price:    $197,000                    Median sales price:    $177,000

No. of homes sold:     147                              No. of homes sold:      157

Days on market:         15                                Days on market:         26

Fewer homes are available to buy, so prices are trending upward due to lack of inventory.  Home values are up 11% YTD over last year, with most homes selling for over asking price and in a shorter period of time.  Currently there are 21 single family homes for sale in Waldo, with a median list price of $269,900 and 23 days on market. 

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