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.)

Taco Cacao Now in Waldo

Just about every week I find myself craving Mexican food…especially in the warmer summer months. Do you feel the same? We have several local options in the Brookside/Waldo area, so why drive into a generic chain for the taco fix? Support Local!

Taco Cacao opened several weeks ago at 7927 Wornall. This is a taco and burrito food truck. Readers, usually I contact the owner/manager to get some background information for the blog–but the contact I had for Taco Cacao did not return my call. So this blog is just the basics…

The food is hot and inexpensive. There are all kinds of taco and burrito combinations, vegetarian included, and all items are to go. Beverages include Coke, Sprite and Jarritto Mexican Soda. There is a picnic table next to the truck–however it’s pretty noisy with all the Wornall traffic whizzing by. I saw several customers eating in their parked cars! Other options include purchasing “family packs” and three salsas by the pound! When I stopped in, it was around 2:30 in the afternoon and for a snack, I ordered a black bean/rice taco topped with guacamole. By the time I got back to my office about ten minutes away–the food was still hot, wrapped tightly in foil inside the styrofoam box. Fresh guac!! The man I spoke with was friendly and service oriented. I’ll be making this a regular stop for a quick lunch or dinner!

This photo above is actually on the building just behind the truck. I was wondering if the food for the truck is cooked inside? But as I was not able to speak with a manager, it’s a mystery–along with why the logo is a pig in a taco??

TacoCacao is located at 7927 Wornall, that’s on east side of Wornall, on the corner next to 79th Terrace. It’s actually easier to park on 79th Terrace and walk up the street to order. The food truck is open Monday – Saturday 11-3 and 5-8; Sundays 11-3. You can order online as well. Thank you for supporting small business in Waldo!

Waldo Home Sales Report-March 2021

Homebuyers continue to snap up homes in Waldo, driving prices higher. And we are just now getting into the most popular buying months of the year! Here are the sales stats from Waldo, using the boundaries from Gregory to 85th St, State Line to Holmes:

March 2021                                                                                  March 2020

Median list price:    $237,500                                                   $228,000

Median sales price:    $252,500                                               $230,000

No. of homes sold:          26                                                          31

Days on market:              2                                                             31

The lowest closed price last month was $136,000 and the highest was $400,000. Home values up 9.78% compared to March 2020.

Here are the year-to-date figures:

Jan-March 2021                                                                        Jan-March 2020

Median list price:       $250,000                                               $210,000

Median sales price:    $263,500                                              $210,750

No. of homes sold:       71                                                 62

Days on market:           3                                                             28

Look at the difference between the median sales prices: 25% higher this year, and homes are going under contract in a matter of days. Buyers are consistently offering over list price on contracts. I’ve been saying that for months and don’t see any change in the foreseeable future.

Currently there are just five homes for sale in Waldo, with a median list price of $249,000 and four days on the market.

(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.)

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-Sept 2020

Buyers regularly paid way over list price to get a home in Waldo last month–check out the list price below compared to the final sales price. Competition is fierce out there! Here are the details for single family home sales in Waldo, using the boundaries of State Line to Holmes; Gregory to 85th St:

September 2020September 2019
Median list price: $244,925$210,000
Median sales price: $257,450$207,500
No. of homes sold: 40 24
Days on market: 5 13

Closed sales prices were slightly over 5% of the list price; and many more homes sold compared to last year–and in a shorter amount of time. Here are the year-to-date figures:

Jan-Sept 2020Jan-Sept 2019
Median list price: $222,500 $225,000
Median sales price: $228,200 $220,000
No. of homes sold: 291 273
Days on market: 4 8

Home values are up 3.7% over last year–which is more in line with what we’ve been experiencing the past few years. Currently there are 20 active single family homes for sale in Waldo, with a median list price of $319,450 and 23 days on market. Contact me if I can help you with any Brookside/Waldo real estate needs or information!

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

Waldo Home Sales Report-Aug 2020

Waldo home sales are remarkably steady comparing the year-to-date figures…but in August, sold prices were way up! Here are the stats, using the street boundaries of Gregory to 85th St and State Line to Holmes, single family homes:

August 2020August 2019
Median list price: $241,200$222,400
Median sales price: $252,000$217,750
No. of homes sold: 34 38
Days on market; 5 5

In August of this year, sold prices were up over 4% of list price and 15% more than in August 2019. Homes are going under contract very quickly. Here are the year-to-date numbers:

Jan-Aug 2020Jan-Aug 2019
Median list price: $224,475$228,450
Median sales price: $229,950$228,000
No. of homes sold: 252 254
Days on market: 4 8

You can see that the median sales price is just about the same as last year, as is the number of homes sold. The highest closed price so far this year in Waldo is $520,000 and the lowest is $42,000. Currently there are 31 active listings in Waldo, with a median list price of $225,000 and 24 days on market.

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

Waldo Home Sales Report-July 2020

Ah…I am a bit late in posting these stats, my apologies! When the days can all seem the same….my schedule isn’t as rigid! As for the report, can the Waldo market get any tighter for buyers?!?! It is frustrating, having to bid against several other buyers for new listings. Prices continue to rise due to lack of inventory and high demand.

July 2020July 2019
Median list price: $199,950$234,000
Median sales price: $214,000$241,000
No. of homes sold: 46 37
Days on market: 2 3

As you can see from the days on market number, homes are going under contract within 48 hours of listing. Although the median price is 11% lower than last July, the closed price is way above the list price. Below are the YTD figures:

Jan-July 2020Jan-July 2019
Median list price: $215,000$228,450
Median sales price: $225,500$228,000
No. of homes sold: 210 206
Days on market: 4 8

Prices are down YTD from 2019, just a bit, it’s still very much a sellers’ market. Buyers need to get into new listings the day they hit the market to take a look, because there are just not homes for sale to meet demand. Currently, there are 11 single family homes for sale in Waldo, with a median list price of $215,000 and 29 days on market.

(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-May 2020

 

The pandemic has not slowed down Waldo home sales or prices!  There is still a lot of demand from buyers looking in this area.  Homes are selling fast too, often with multiple offers.  Here are the stats, using the Waldo area from State Line to Holmes/Gregory to 85th St:

May 2020                                                                             May 2019

Median list price:     $269,900                                        $232,500

Median sales price:   $257,500                                       $232,500

No. of homes sold:      37                                                     40

Days on market:           5                                                       5

That’s a hefty 10.5% increase from a year ago regarding sales price; however looking at the YTD numbers will tell us more.  Overall, neighboring Brookside prices are slipping compared to a year ago but in Waldo, still on the upward trend:

Jan-May 2020                                                              Jan-May 2019

Median list price:      $219,950                                     $229,950

Median sales price:     $226,000                                   $222,897

No. of homes sold:          125                                            132

Days on market:              12                                               13

So far this year, many sellers are getting an average of 2.75% over asking price for their Waldo homes; and houses are under contract within two weeks.  Currently there are 14 single family homes for sale in Waldo, with an average list price of $339,925 and 16 days on market. One reason for the high average list price is the four brand new homes under construction on the 7700 block of Kenwood–all priced over $350K.  

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