Waldo Home Sales Report-Oct 2019

Hello neighbors!  Waldo home sales have been on a steep incline this year…October figures show a decline in value compared to last year!  But it’s a fluke–overall, numbers are up year to date.  Here are the details, using the Waldo street boundaries of State Line to Holmes, Gregory to 85th St:

October 2019                                                     October 2018

Median list price:     $179,900                        Median list price:     $225,000

Median sales price:   $176,500                       Median sales price:  $216,750

No. of homes sold:     30                                   No. of homes sold:      32

Days on market:        15                                    Days on market:        25

The lowest closed price last month was $130,000 and the highest was $427,000.  

Below are the year-to-date numbers:

Jan-Oct 2019                                                      Jan-Oct 2019

Median list price:     $220,000                       Median list price:      $200,000

Median sales price:   $217,000                      Median sales price:   $205,000

No. of homes sold:     299                               No. of homes sold:       345

Days on market:         8                                  Days on market:          19

Waldo home prices are 5.8% higher this year, although fewer homes have sold–probably due to a lack of inventory.  Currently there are 36 active single family homes for sale in Waldo, with a median list price of $219,000 and 19 days on market.  The lowest asking price is $47,000 and the highest is $525,000.

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

Waldo Home Sales Report-Aug 2019

Slipping in this Waldo home sales report on the last day of September!  In two weeks, it will be time to check this month’s stats!  Waldo home prices continue to climb–and homes are selling fast. Here’s the info for Aug 2019, using the Waldo street borders of State Line to Holmes and Gregory to 85th:

Aug 2019                                                                         Aug 2018

Median list price:     $222,400                                     Median list price:    $198,975

Median sales price:  $217,750                                    Median sales price:  $198,500

No. of homes sold:      36                                             No. of homes sold:     38

Days on market:         5                                                Days on market:      25

About the same number of homes sold last month compared to same time last year, but in a much shorter period of time and at a higher price.  Here are the YTD numbers:

Jan-Aug 2019                                                                   Jan-Aug 2018

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

Median sales price:  $221,500                                      Median sales price:   $200,000

No. of homes sold:     235                                              No. of homes sold:     270

Days on market:        8                                                    Days on market:      17

Double digit increase YTD–10%!  Currently there are 24 active listings in Waldo, with a median price of $229,500 and 41 days on market.  The lowest priced home is $74,000 and the highest is $399,900.

(all information taken from Heartland MLS; deemed 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-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.)