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-April 2019

We are in the middle of the peak Spring home buying season…yet sales are down in Waldo.  Prices are up, though.  Is the slowdown a lack of inventory, lack of demand or is Waldo following the national trend of fewer home sales?  Time will tell. Here are the stats for single family  home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

April 2019                                                            April 2018

Median list price:        $239,000                      Median list price:      $209,975

Median sales price:    $220,000                     Median sales price:    $212,500

No. of homes sold:      31                                  No. of homes sold:       44

Days on market:         9                                      Days on market:         30

The lowest closed price last month was $95,000 and the highest was $382,000-highest sold price this year so far.  Below are year-to-date figures:

Jan-April 2019                                                      Jan-April 2018                                                   

Median list price:        $222,500                        Median list price:     $189,950

Median sales price:      $217,700                      Median sales price:    $193,000

No. of homes sold:         92                                 No. of homes sold:       120

Days on market:            16                                  Days on market:          16

Home prices are higher 12.8% compared to same time last year, even though fewer homes have sold.  Demand is still high for the well maintained, updated and move in ready homes.  Currently there are 23 single family homes for sale in Waldo, with a median list price of $255,000 and 14 days on market.

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

Waldo Home Sales Stats-Jan 2019

Waldo home values shot up last year, and it looks like this trend will continue into 2019.  Here are the single family home sales stats from last month, with a comparison to one year ago. I’m using the street boundaries of State Line to Holmes and 71st St to 85th St.

January 2019                                                                January 2018

Median list price:      $219,900                                 Median list price:     $172,500

Median sales price:   $206,100                                Median sales price:   $164,000

No. of homes sold:       21                                          No. of homes sold:     18

Days on market:          21                                           Days on market:        22

Prices are up 25% compared to January 2018! That’s a bit extreme, even for Waldo.  Demand is strong as first time buyers keep jumping into the market and investors purchase for rentals or flips.  Currently there are 16 single family homes for sale in Waldo, with a median list price of $289,475 and 30 days on market.  The lowest list price is $168,000 and the highest is $359,950.

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

2019 Waldo Week Starts Tomorrow 2/22

 

waldoweek

Wonderful Waldo earns it’s name due to several reasons; one of them is the friendly, service oriented, locally owned shops and services available to neighbors and visitors.  Celebrate Waldo Week, beginning tomorrow Feb 22, through Thurs Feb 28, 2019 and get 25% off select merchandise and services.  Here’s a list of which places are participating so far:

Bier Station                                               9Round Waldo

Lew’s Bar and Grill                                  Hiles Two

The Well                                                     Mike’s Wine and Spirits

One More Cup

Betty Rae’s Ice Cream                               Eclectics

Family Bicycles                                         Centered Spirit/Emilie’s French Teas

Louie’s Wine Dive

Remember, you must mention Waldo Week to get the discount!  A complete list of businesses participating is at www.waldokc.org.   And if you want to get out tonight..all are welcome to the kick-off party from 5-8pm at Bier Station.  Thank you for supporting our locally owned businesses in Waldo and Brookside!

Big Changes Planned for 75th & Wornall Intersection

As I reported last month, Waldo home prices are on the rise. And the planned Wornall Road Improvement Project will enhance the streetscape, beauty and walkability of Waldo even more, making the area even more appealing to homebuyers.
Last week I stopped by the Open House Public Meeting (at Hale Cook Elementary) to get more details on the project. Paid for with your tax dollars, this project focuses on Wornall Road from 74th to 79th St. Key improvements will be made at the heavily traveled and congested intersection of 75th and Wornall.  They include:
*enhanced “artistic” crosswalks
*new curbs and sidewalks with accent pavers
*new streetlights and traffic signals
*a ‘gathering space’, planters, benches and litter receptacles.
This entire intersection will be reworked to be more accessible to pedestrians, bicyclists and transit riders. There will be designated east/west turn lanes to access Wornall from 75th St (much needed!) and the Trolley Track Trail will be shared space with the sidewalk along the east side of the street.  The NE parking lot ( in front of Waldo Pizza and The Well ) will be also be reconfigured. (The transit center will remain.)
Although construction won’t start until next spring (continuing through 2021), and the City hasn’t decided where the first phase will begin (74th or 79th St), the public is invited to view the plans and provide feedback and suggestions. Go to the website for details and updates.
As a Brookside resident who supports local businesses, I am very excited to see our tax dollars improving this area for residents and visitors. Whenever I am driving into Waldo, I avoid 75th and Wornall when possible as it is just so difficult to get through.  This area is truly  the heart of Waldo with so many popular shops and restaurants right there. Of course, we will have to endure with closed streets and detours for a few years—but it will be worth it!

Waldo Home Sales Report-2018 Recap

Waldo continues to be a hot neighborhood for buyers…for the second year in a row, sales prices were higher than list price.  Let’s take a look at the December stats first, single family homes in Waldo using the boundaries of State Line to Holmes and Gregory to 85th St:

December 2018                                                       December 2017

Median list price:     $220,000                        Median list price:    $164,900

Median sales price:    $220,220                     Median sales price:  $160,000

No. of homes sold:      15                               No. of homes sold:     31

Days on market:        21                                  Days on market:     38

The lowest sale was $145,000 and the highest was $246,000.  Fewer homes went under contract though, probably due to lack of desirable inventory.

Here are the 2018/2017 comparisons:

2018                                                                                        2017

Median list price:    $200,000                               Median list price:       $177,250

Median sales price:  $205,000                              Median sales price:    175,000

No. of homes sold:     369                                     No. of  homes sold:       386

Days on market:         19                                        Days on market:             13

The number of homes sold overall dropped slightly; prices were up 15%!  Many sellers are getting list price or over –demand is very strong and I think it will continue into 2019.  Waldo is a great place to live!

Currently there are 21 active single family listings in Waldo, with a median price of $234,900 and 59 days on market.

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

2018: It Was A Good Year for Brookside/Waldo

Welcome to 2019!  I hope you are having a relaxing and healthy holiday season. Since this is the first blog of the year, I’m going to recap some 2018 highlights for the Brookside/Waldo area.  It was a successful twelve months for our neighborhood!

Brookside muralMany new businesses opened, and most of them are locally owned and operated. In the heart of Brookside along 63rd St, Sweet and Simple is a new edible cookie dough treat shop,  and LadyBye offers reasonably priced women’s  clothes and accessories for those interested in classic style.  Brookside Barrio and Brookside Poultry Company are two new popular eateries.    Brookside East continues to attract local  entrepreneurs, with the opening of Flying Horse Taproom, Chanee Vijay textiles, BKS Artisan Ales and Architexture SalonPlate plans to reopen in April at 701 E 63rd St.    Brookside also got an additional stoplight/crosswalk on 63rd by the new Starbucks, and everyone loves the new large wall mural celebrating Brookside on the north side of the CVS building.   Unfortunately, we had a couple of store closings:  Sheehan’s Irish Imports on Gregory *due to owner retiring) and Shop Beautiful will close this month as the owners focus on the Overland Park location.

There were several changes in the Waldo area as well:  Euston Hardware remodeled; Dodson’s Bar and Commons opened on Wornall just north of 75th St and Classic Cookie opened for evening dining with an Italian themed menu.  The never ending road construction along Wornall is at a temporary halt but not for long…expansive (and much needed changes) are planned for the 75th and Wornall intersection to make it more pedestrian friendly.  Next year will also see the renovation of the “Wornall Village” shopping area at the northwest corner of 85th and Wornall, starting with a revamped Price Chopper.

frontA wonderful community asset opened in 2018:  HJ’s Youth and Community Center, across from St Andrew’s church.  This space is used for community events, private receptions, classes, meetings and hosts a  small coffee shop open to everyone.  It also features a large lawn on the east side for outdoor movie nights, plus a doggie and human water station!

And what about home values?  That’s an interesting story as well.  Waldo is beating out Brookside in terms of rising home prices:  as of the end of November, Waldo home values were up 15% and Brookside saw a 3% increase.  I will report on twelve month figures later in the month when the stats are ready.  Brookside and Waldo are still very desirable locations for homebuyers.

I’m not going to make any firm predictions about this year…but I will say…. Brookside is celebrating it’s 100 year anniversary as a shopping/services/residential neighborhood.  I think both Brookside and Waldo will continue to attract local businesses and  homebuyers of all ages as we head into century 2!

Waldo Home Sales Report – Nov 2018

Waldo has such a large range of home pricing…I think that’s one reason it continues to be a popular location for buyers.  Prices are way up compared to last year. Here are the single family home sales stats for Waldo last month, using the boundaries of State Line to Holmes and Gregory to 85th St.

November 2018                                            November 2017

Median list price:      $212,500                   Median list price:     $174,950

Median sales price:   $208,250                  Median sales price:   $176,500

No. of homes sold:       26                            No. of homes sold:      32

Days on market:         38                             Days on market:        6

The lowest closed sale last month was $128,300 and the highest was $385,000.  Now let’s look at YTD comparisons:

Jan-Nov 2018                                                 Jan-Nov 2017

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

Median sales price:    $208,000                  Median sales price:    $180,000

No. of homes sold:        363                         No. of homes sold:       369

Days on market:          19                              Days on market:         12

Home prices are up 15% over last year in Waldo, and as you can see, many houses are selling at or above the list price.  Currently there are 30 active listings, with a median sales price of $217,475 and 53 days on market.  Homes range in price from $64,900 to $375,000.

(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.)