Waldo Home Prices Continue To Rise in 2015

Posted on August 3, 2015 by Mary Hutchison

Wonderful Waldo continues to be a hot location for buyers this year! There are so many different types of housing here: everything from charming, spacious two-story homes with welcoming front porches to smaller, two bedroom ranch style homes. I am reporting on single family home sales stats for the area of State Line to Holmes, and Gregory to 85th:

In June 2015, 50 homes sold with a median list price of $160,000 and a median sales price of $162,300 and 33 days on market. The lowest closed sales price was $36,500 and the highest was $495,000.

In June 2014, 26 homes sold with a median list price of $139,900 and a median sales price of $140,000 with 46 days on market.

The reasons for the higher final sales price compared to the list price could be: a buyer financed their closing costs into the loan or there were multiple offers on some homes, pushing up the price. The $495K home that closed, on the 7400 block of Summit, was the highest sale so far this year in Waldo.

Checking year to date figures:

From January through June 2015, 176 homes have sold with a median sales price of $158,500.

From January through June 2014, 157 homes had sold with a median sales price of $140,000.

Median sales prices are up for the year, along with fewer days on market in Wonderful Waldo! Currently there are 54 active listings in Waldo, with a median list price of $125,000 and 31 days on market. The lowest price house is $54,000; the highest is $315,000.

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

Waldo Home Prices Continue Upward Trend – Stats for May 2015

Posted on July 6, 2015 by Mary Hutchison

I am a bit behind in reporting home sales stats for Waldo…it’s the busy home buying season! I thought the week leading up to July 4 would be slow, but for me, it turned out to be busier than a regular work week! Sales continue to be strong in Waldo; the area I am reporting on is State Line-Holmes and Gregory to 85th St.

In May 2015, 36 homes sold with a median list price of $175,000 and a median sales price of $174,000 with 37 days on market. The lowest closed sales price was $41,000 and the highest was $375,000.

In May 2014, 41 homes sold with a median list price of $139,950 and a median sales price of $139,150 with 31 days on market. The lowest closed sales price was $23,000 and the highest was $279,000.

The May 2015 median price was higher than normal due to the $375K sale–that is a high home price for the Waldo area, however there is a pocket of homes west of Wornall that can bring the higher than normal price. Note the days on market are virtually the same–which is good for home sellers, knowing the average length of time to get a home under contract is just over 30 days. Also, the final sales price is close to the list price.

Checking year to date figures:

From January through May 2015, 130 homes sold with a median sales price of $158,500 and 35 days on market.

From January through May 2014, 126 homes sold with a median sales price of $140,000 and 49 days on market.

Sales prices are up for the year, along with fewer days on market in Wonderful Waldo!

Currently there are 44 homes for sale in Waldo, with a median list price of $140,000 and 55 days on market.

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

Waldo Home Prices Rise – Jan 2015

Posted on March 4, 2015 by Mary Hutchison

Although the cold winter weather that won’t seem to leave… house hunters are out, snatching up homes in the Waldo area. In 2014, Waldo home prices rose 2.89%–to a median sales price of $144,000 with 46 days on market, and 330 homes changed ownership. Let’s look at the January 2015 home sales stats for Waldo–I am using the street boundaries of State Line east to Holmes, and Gregory south to 85th St:

In January 2015, 15 homes sold with a median list price of $147,500 and a median sales price of $151,000 with 46 days on market.

In January 2014, 15 homes sold with a median list price of $132,500 and a median sales price of $129,500 with 87 days on market.

Why was the sales price higher than the list price ? A few reasons: there could have been multiple offers on the property; the buyer may have financed some closing costs into the loan by adding to the list price; or some other type of negotiation regarding repairs following inspections. The takeaway here is that buyers are willing to pay the initial list price–or very close to it–for the best homes that come on the market. Comparing the numbers, home values up 11% over last year.

Overall, Waldo homes sales are off to a strong start in 2015! Currently there are 29 single family homes for sale in Waldo (the boundaries I described above) with a median list price of $144,900 and 41 days on market.

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

Waldo Home Values Rise in 2014

Posted on January 29, 2015 by Mary Hutchison

Wonderful Waldo! Overall, home prices rose in this area last year. Waldo has always been a popular place to live, and I think even more so lately as we’ve had so many locally owned new businesses move into Waldo. Let’s look at single family home sales for Waldo, comparing 2013 to 2014; and we’ll start with stats for December. The boundaries I’m using are State Line east to Holmes, and Gregory south to 85th St.

In December 2014, 23 homes sold with a median sales price of $170,000 and 30 days on market.

In December 2013, 28 homes sold with a median sales price of $148,000 and 39 days on market.

Comparing these two months, prices were way up in December 2014 compared to the previous year. Now we will compare 2014 to 2014 single family home sales:

In 2014, 330 homes have sold with a median price of $144,000 and 46 days on market. The lowest home sales price was $23,000 and the highest was $430,000.

In 2013, 332 homes sold with a median price of $139,500 and 50 days on market. The lowest home sales price was $15,000 and the highest was $372,000.

So, average sales prices in Waldo rose 2.89% in 2014, with about the same number of homes selling in six weeks’ time. Waldo homeowners continue to gain equity lost during the recession, and there is a wide range of prices for homebuyers interested in this area.

Currently there are 36 active single family listings Waldo area, with a median list price of $136,000 and 78 days on market.

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

Waldo Area Home For Sale-$133,000 and Move In Ready!

Posted on March 5, 2014 by Mary Hutchison

The spring home buying season is here, and you may know someone who is actively looking for that first home. With rent prices rising, it’s worth considering putting your monthly payment towards building some equity rather than paying someone else’s mortgage!

Western Hills home for sale

I have a new listing in the popular subdivision of Western Hills, near the Ward Parkway Shopping Center. This home offers a ranch floorplan on a level lot. There are two bedrooms and a full bath on the first floor, plus a freshly painted living room, dining room and kitchen..

The hardwood floors are in great condition, the windows are newer and the baths have been remodeled. In the kitchen, you’ll find resurfaced countertops, a new garbage disposal and a gas stove plus refrigerator.

The lower level has been finished, featuring a second full bath, a large family room with wet bar and a utility room–the washer and dryer stay with the property. This house also has a dry basement system, newer plumbing, attached garage and double driveway.

Finished basement with second full bath, wet bar, fresh paint and utility room

The backyard is fenced, and offers a large deck, patio and southern exposure. Western HIlls has an active homes association with neighbors who watch out for each other. The location is great, with easy access to I-435, Target, Trader Joe’s, AMC Theaters, several restaurants and the amenities of Brookside and Waldo.

Priced at $133,000–this house is very affordable for a first time buyer!. The address is 515 W 90th St–contact me for more details!

Fenced backyard with deck and patio–access right off the kitchen!

Seminar for Seniors at Armour Oaks May 12

Posted on May 9, 2011 by Mary Hutchison

If you know a senior adult who is thinking about downsizing…this seminar will provide lots of useful information for them! On Thursday May 12, 2011, I will be conducting a seminar at Armour Oaks Senior Living Community, 8100 Wornall Road in Waldo. We’ll start at 4:30 and wrap up by 5:30pm.

My topic is “Selling A Senior’s Home in the Current Real Estate Market” — yes, it can be done! I’ll be presenting facts about sales in the area, along with tips and suggestions for a quick sale in today’s soft sales enviornment. Senior Moves Specialist Gerre Wade will talk about what it takes to downsize and right size into your new lifestyle.

Seating is limited–if you are interested, or know someone who might be, contact me for more details. You can also reserve a spot by calling Armour Oaks directly at 816 363 5141.

Inside Brookside (And Waldo)

What's Happening In Brookside and Waldo (Kansas City, Missouri)

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