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-May 2022

With interest rates on the rise, will the hot Waldo housing market slow down? Personally, I don’t think so. There may be fewer multiple offers and perhaps price reductions, but there is still so much demand for houses in Waldo, especially priced under $300K. Here are the stats for May, using sales in the street boundaries of State Line to Holmes and Gregory to 85th St, single family properties.

May 2022May 2021
Median list price:$297,500$265,000
Median sales price:$318,000$278,500
No. of homes sold: 26 32
Days on market: 2 2

Buyers paid almost 7% over asking price last month with their offers; and compared to a year ago, values are up a whopping 14%! Below are the year-to-date numbers:

Jan-May 2022Jan-May 2021
Median list price: $250,000 $250,000
Median sales price: $278,000 $264,500
No. of homes sold: 119 148
Days on market: 3 2

These figures show us that fewer homes have sold this year; still prices up 5% over 2021. The lowest closed price so far this year is $45,000 and the highest is $650,000. Currently just twelve active single family house listings, ranging in price from $217,950-$535,000 and 12 days on the market.

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

Waldo Home Sales Report – April 2022

Spring is so lovely in Waldo! Even when we have spring showers. Are you enjoying the longer days and cooler nights? More daylight hours for house shoppers! Prices were up last month in Waldo compared to a year ago; here are the numbers:

April 2022April 2021
Median list price: $247,000$244,500
Median sales price: $275,000 $264,250
No. of homes sold: 28 42
Days on market: 3 3

Waldo home values rose about 4% over April 2021. Lowest closed price last month was $75,000 and the highest was $450,000. Now let’s look at the YTD numbers:

Jan-April 2022Jan-April 2021
Median list price: $244,000 $250,000
Median sales price: $261,000 $264,250
No. of homes sold: 95 116
Days on market: 3 3

These figures show a very slight decline in sold prices compared to 2021–just 1.2%. Note that fewer homes sold so far (probably due to lack of inventory); yet buyers are still paying well over list price and homes go under contract quickly.

Currently there are just five active single family homes for sale in Waldo, with a median price of $218,000 and 16 days on the market.

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

Waldo Home Sales Report-March 2022

This month’s report on Waldo home sales stats …up and down! The housing market is constantly changing! Let’s take a closer look at the numbers; I’m using the boundaries of State Line to Holmes and Gregory to 85th St as the Waldo boundaries.

March 2022March 2021
Median list price:$263,000$235,000
Median sales price:$285,000$250,000
No. of homes sold: 23 27
Days on market: 3 2

Buyers still paying over list price for homes; and values are up 14% compared to March of last year. The lowest closed price was $160,000 and the highest was $650,000.

Here are the year-to-date numbers:

Jan-March 2022Jan-March 2021
Median list price:$239,000$246,000
Median sales price:$250,000$260,000
No. of homes sold: 65 73
Days on market: 3 3

Overall, prices are 4% lower than same period in 2021; although consistently, buyers pay over the list price. Waldo has a wide range of home prices, it’s possible more of the lower priced houses have closed this year so far. Currently there are just four homes for sale in Waldo with an average list price of $284,500 and 4 days on the market.

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

Waldo Home Sales Report-2021

Every month I post single family home sales stats for Waldo, and each January I write a year end recap with comparisons to the past few years. Waldo home values really exploded last year, due to not enough inventory and multiple offers common. How much higher will they go? The market doesn’t seem to be slowing down at all. So here are the numbers, using sales in the boundaries of Gregory to 85th/State Line to Holmes:

Year20212020201920182017
Median List Price$249,950$223,500$225,000$200,000$175,000
Median Sales Price$260,000$230,000$220,000$205,000$177,250
Days On Market34101912
No. Homes Sold417372354370388

More numbers for you: Waldo home values increased 13% last year, and median sold prices are up 46% since 2017. (Neighbor Brookside had an increase of 14% in 2021.) The lowest closed price last year was $19,600 and the highest was $605,000.

If you plan to buy a Waldo home this year–get prepared now! Waldo continues to be attractive to first time buyers due to it’s central location, abundance of locally owned shops and restaurants, and the charming homes. Wonderful Waldo!

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

Waldo Homes Sales Report-November 2021

Gotta act fast if you want to buy a home in Waldo…and it’s been like that all year, even during these slower winter months.  Homes go under contract very fast and buyers usually pay  list price if not more. Here are the stats for November 2021, using the street boundaries of Gregory to 85th St; State Line to Holmes:

November 2021                                                       November 2020

Med list price:     $245,000                                              $259,900

Med sales price:    $245,000                                           $259,900

No. homes sold:    37                                                         27

Days on market:    3                                                           12

Although the median sales price was a bit lower than last November, more homes sold and in less time; also more higher priced homes sold in  November 2020.  The lowest sales price last month was $73,000 and the highest was $503,000.  Let’s check the year-to-date numbers:

Jan-Nov 2021                                                                   Jan-Nov 2020

Med list price:     $249,950                                              $225,000

Med sales price:  $260,000                                             $230,000

No. homes sold:    370                                                      343

Days on market:    3                                                           4

So far this year, sellers are paying an average of 4% over list price; homes are still going under contract very fast (yes I know I say that every month!).  Home values are up 13% compared to last year at this time.

Currently there are 12 active listings in Waldo, with a median list price of $232,450 and 37 days on market. Prices range from $75K to $395,000.

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

Waldo Home Sales Report – September 2021

Waldo home sales last month were similar to what happened in September 2020:  similar sold prices and number of homes changing owners.  Home prices continue to rise, of course!  Here are the stats for single family home sales in Waldo, using the boundaries of State Line to Holmes; Gregory to 85th St:

September 2021                                                                September 2020

Median list price:     $235,000                                                    $234,950

Median sales price:   $239,000                                                  $237,000

No. of homes sold:    35                                                                   39

Days on market:      13                                                                      5

Prices were about the same; most buyers still paying at or over list price.  A few more homes sold September 2020.  The lowest closed price last month was $81,700 and the highest was $475,000.

Here are the year-to-date numbers:

Jan-Sept 2021                                                                          Jan-Sept 2020

Median list price:      $249,900                                                   $220,000

Median sales price:  $261,000                                                   $226,000

No. of homes sold:      306                                                            291

Days on market:           2                                                                   4

Such a tight, tight market for homebuyers in Waldo–most homes go under contract within a day or two and well over the list price. Home values are up 15% year-to-date compared to last year. Currently there are 16 active single family homes for sale in Waldo, with a median list price of $239,000 and 36 days on market.

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

Waldo Welcomes Waldo Flats!

Being a homeowner isn’t for everyone…many people prefer the “lock and go” convenience of an apartment or condo. However, there are very few apartment/condo complexes in Waldo. That recently changed as Waldo now offers a brand new apartment building, located in the heart of our neighborhood.  222 Waldo Flats recently opened at 222 W 75th St, just steps away from the lively 75th and Wornall intersection, and I stopped by recently to take a look.

Andrew Ganahl and Diane Botwin

Upon entering the spacious lobby, featuring a colorful, commissioned textile art piece,  I was greeted by co- owners Diane Botwin and Andrew Ganahl.  You may have heard of Diane—she owns several commercial properties in Waldo; Andrew is originally from California, now lives in Kansas City and has developed two apartment projects in the Crossroads.  Partnering with Slaggie Architects, they have created   sleek, modern, yet very comfortable flats.   Studios, one bedroom and two bedroom units are available.  Each comes with all the necessary appliances, including washer/dryer, and most have balconies.  There is a secured package room and bike room; parking is available for an extra fee; pets are OK and the building is wired for Google Fiber.  Littlefield Eye Associates has commercial space on the first floor, and there is another smaller spot available for retail or service business.

What impressed me about these apartments are the extra details:  not all are exactly alike. Some have darker cabinets; some have traditional white. There are high end finishes, including tiled showers, quartz counters and large windows (that open!) to bring in plenty of natural light and fresh air.  Even the smaller studio apartments “live”  like a one bedroom unit. Monthly rent starts at $1025. 

Of course, one of the best features of this building is the location.  As Diane said, “Our amenity is Waldo.  Waldo has its own personality and our building fits in.  We have a great group of multigenerational tenants; it’s very inviting to young and old.” Andrew continued:  “We wanted to be in an area where people could walk to everything”.  Within a few steps of the front door: pharmacy, grocery,  library, several restaurants, coffee shop, bike shop,  hardware store, bars and convenient bus stop. Everything Waldo is right here!

If you are interested in touring Waldo Flats, you can request an appointment or find more information on their website

Waldo Home Sales Report-August 2021

Nothing really new regarding this report…Waldo prices continue to rise, and homes go under contract very quickly. Perhaps as we get into the fall/holiday season, prices will ‘normalize’ somewhat and bidding wars will subside. For these numbers, I’m using Waldo street boundaries of State Line to Holmes, Gregory to 85th St.

Jan-Aug 2021                                                                            Jan-Aug 2020

Median list price:             $250,000                                           $220,000

Median sales price:         $265,000                                           $226,000

Days on market:              2                                                          4

No. homes sold:               257                                                     240

Last month, most homes went under contract within two days and prices up 9.6% compared to August 2020. The lowest closed price was $100,000 and the highest was $500,000.

Here are the year-to-date numbers:

Jan-Aug 2021                                                                            Jan-Aug 2020

Median list price:             $250,000                                           $220,000

Median sales price:         $265,000                                           $226,000

Days on market:              2                                                          4

No. homes sold:               257                                                     240

Compared to last year at this time, home values are up 17% ! More homes are selling, for more money and in less time. Currently there are 20 homes listed, with a median price of $249,950 and 23 days on market. Prices range from $97,000 to $417,000.

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

Waldo Home Sales Report-July 2021

Here we are into the ‘dog days’ of summer, trying to stay inside, escaping from the triple digit temperatures. Home sales usually dip in August–next month we’ll see if that holds true for this red hot home buying year. For now, here are the Waldo home sales stats for July 2021, using the boundaries of Gregory to 85th St; State Line to Holmes.

July 2021                                                             July 2020

Median list price:    $234,000                              $199,000

Median sales price:  $255,000                            $210,000

Days on market:                  2                                    3

No. sold:                                31                               47

Those figures represent a 21% increase in sales price compared to last year! Lowest closed price was $138,000 and the highest was $445,000.

Here are the year-to-date numbers:

Jan-July 2021                                                       Jan-July 2021

Median list price:    $250,000                              $215,000

Median sales price: $265,000                             $225,500

Days on market:              2                                              4

No. sold:                           225                                         212

The number of homes sold is running a bit ahead of last year; and properties are still selling very fast once they hit the market. Median sales price is up 17% over last year.

Currently there are nineteen single family homes for sale in Waldo, with a median list price of $245,000 and 16 days on market.

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