Tag Archives: Waldo realtor

Waldo Home Sales Report – January 2025

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There are some interesting home sales stats to start off the new year in Waldo: more homes sold, yet average price is down. Hopefully the market is becoming a bit more normal and balanced. Let’s take a look at the details; I am citing single family home sales from State Line to Holmes and Gregory south to 85th St:

january 2025january 2024
Median list price:$274,950$272,500
Median sales price:$270,000$283,500
Days on market:235
No. of homes sold:2112

Compared to a year ago, home prices are down 4.7%, yet 42% more properties changed owners. For those who can buy, they have accepted the higher interest rates. The lowest closed price last month was $118,000 and the highest was $643,000. Currently there are 16 active single family listings in Waldo, with a median price of $272,500 and 44 days on market.

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

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Waldo 2024 Home Sales Report – And 5 Year Comparison

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Numbers tell a story….and Waldo home prices have remained remarkably steady compared to 2023. Of course, looking over the past five years-they have increased, which is what homeowners want!. In addition, the number of homes changing owners rose as well last year, and that’s a positive sign for those that want to buy. Let’s take a closer look, using the street boundaries of State Line to Holmes and Gregory to 85th St for the stats:

20242023202220212020
Median list price:$295,000$295,000$265,000$250,000$224,950
Median sales price:$299,500$298,000$278,000$260,000$230,000
Days on market:43334
# of homes sold:300263289397371

Many buyers are still paying over the asking price by about 1.5%, and homes don’t usually linger on the market longer than a few days. That has been the norm for a few years now. Buyers have accepted the higher interest rates, and 14% more properties sold in 2024 than 2023. Last year, the lowest closed price was $85K and the highest was $675,000 (a new build on Main St). Still, the number of homes changing owners has fallen 32% since 2021, when interest rates were much lower and houses more affordable. Since 2020, home values have gone up 30% in Waldo.

Currently there are 21 single family homes for sale in Waldo, with half of those priced over $300K. The lowest list price is $155,000 and the highest is $515,00.

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

Waldo Sip and Stroll Happening Tonight-Thurs Dec 5

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One of the aspects of Waldo that people like best is that it is so walkable! The Waldo Area Business Association invites you to take advantage of that with the Waldo Sip and Stroll, tonight December 5 from 3-7pm.

Many Waldo businesses are participating, including Eclectic’s Gift Gallery (I always find unique gift items there!); KC Bier Company (you may need a break from shopping!) and one of our newest businesses, Callie Mae’s Barkery and Bath (don’t forget the pet treats!).

Our Waldo businesses depend on you to make a little extra effort to support them when buying for the holidays. You’ll get great service, a wide selection of interesting gift ideas, and so many places are offering special deals. Throw on that winter coat and scarf, get some extra exercise and stroll the Waldo shops tonight. Waldo appreciates your business!

Waldo Home Sales Report – October 2024

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The housing values in Waldo are up and down in this report; overall, though, prices remain fairly steady. These stats are taken from single family home sales in Waldo from State Line to Holmes and Gregory to 85th St:

october 2024october 2023
Median list price:$279,250$280,000
Median sales price:$272,500$305,000
No. of homes sold:263
Days on market:2019

Home values are down just about 12% compared to October 2023; and many buyers paid less than the asking price; that’s unusual. It could be that sellers overpriced their properties as you can see many homes sat on the market longer–almost a month. Yet I think the YTD numbers show the trends better:

jan-oct 2024jan-oct 2023
Median list price:$299,000$285,000
Median sales price:$305,300$290,000
No. of homes sold:222219
Days on market:33

Overall, prices are up just over 5% for the year, and about the same number of homes have changed ownership. Waldo seems to be a very stable market, with homes gaining in value. Many buyers are paying asking price or just over. This shows that Waldo remains a hot place for homebuyers! Currently there are 36 single family homes in Waldo for sale, with a median list price of $274,975 and 53 days on market.

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

Waldo Home Sales Report – September 2024

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Waldo had a large jump in the median sales price last month compared to September 2023; likely because more of the higher priced houses in Waldo closed. Let’s take a look at the details; I’m using single family home sales in the area of State Line to Holmes and Gregory to 85th St for these stats:

september 2024september 2023
Median list price:$324,950$228,500
Median sales price:$310,000$234,000
Days on market:38
No. of homes sold:2718

The median sales price last month jumped 32% over last year; of the 27 homes that closed, six of them were over $400K–a higher price point for Waldo. The lowest closed price was $180,000 and the highest was $620,000. Below are the year-to-date numbers:

jan-sept 2024jan-sept 2023
Median list price:$299,450$289,900
Median sales price:$310,000$290,000
Days on market:33
No. of homes sold:228231

The number of homes changing owners have remained steady; home values are up almost 7% this year and buyers are still paying over list price for many homes. Currently there are 25 single family homes listed in Waldo, with a median list price of $275,000 and 24 days on market.

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

Waldo Home Sales Report – August 2024

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So we are a couple of days into October and just slipping in these August Waldo home sales stats–took a few days of vacation!! Anyway, several houses for sale in Waldo, with a wide range of prices–usually the ones that sit on the market for a while don’t sell right away due to price and/or condition. Home values remain strong! Here are the numbers:

august 2024august 2023
Median list price:$339,000$360,000
Median sales price:$342,000$375,000
Days on market:43
No. of homes sold:3228

Prices dropped 7.5% compared to last August, yet many buyers still paying over asking price–last month by just under 1%. The lowest closed price was $113,750 and the highest was $540,000. Here are the year-to-date stats:

jan-aug 2024jan-aug 2023
Median list price:$299,000$295,000
Median sales price:$304,750$300,000
Days on market:33
No. of homes sold:176187

Looking at the numbers for the year, home prices are down slightly compared to a year ago yet most houses are selling very close to the list price. There are 30 active single family homes for sale in Waldo, with a median price of $284,000 and 46 days on market. Prices range from $139K to $669,000 (that’s the new build on Main between 75th and 79th).

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

Brookside Sip & Shop Tonight AND Waldo Fall Fest on Saturday

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One of the reasons people love to live in Brookside and Waldo…all the neighborhood free activities! Kick off your weekend early !

Tonight is the Fall Sip & Shop in Brookside! Centered around the intersection of 63rd St and Brookside Blvd, take your time and stroll around the locally owned shops and restaurants on this mild Fall evening. Stop in retail stores for beverage samples and in store specials while supporting our neighborhood.

And Saturday is the Waldo Fall Festival from 10am-8pm, at Gregory and Wornall on the east side.

Please remember to be extra careful when driving in these areas and watch for pedestrians, kids, bicyclers and families with strollers. Get out this weekend and enjoy the neighborhood!

Waldo Home Sales Report – July 2024

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You may have heard that home prices are coming down…and that may be true in some areas, because “all real estate is local” as the saying goes. Waldo, however, continues to see rising prices. Here are the July stats for single family home sales in this area: Holmes to State Line; Gregory to 85th St:

JULY 2024JULY 2023
Median list price:$295,000$250,000
Median sales price:$305,000$270,000
Days on market:32
No. of homes sold:2719

Prices were up 13% over July 2023 and most sellers are getting asking price or a bit over. Just about 42% more homes changed ownership and most do not sit on the market a long time. The lowest closed price was $100K and the highest was $532,000. Here are the year-to-date numbers:

JAN-JULY 2024JAN-JULY 2023
Median list price:$299,000$292,500
Median sales price:$305,000$299,450
Days on market:33
No. of homes sold:154162

These numbers, though, show the number of homes sold is down but not by much; prices are up just under 2% for the year. Remember, it usually takes 30-60 days for a house to close once it is under contract so the July 2024 closed sales likely went under contract in May and June, peak buying season. Currently there are 33 properties for sale in Waldo, with a median list price of $295,000 and 33 days on the market. Prices range from $160,000-$525,000. Waldo continues to be an affordable and desirable place to live!

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

Waldo Home Sales Report – June 2024

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Halfway through the year and Waldo home prices overall are up, which is the opposite of it’s neighbor Brookside during the same time frame. Let’s take a look; these stats are for single family homes bounded by State Line to Holmes and Gregory to 85th St.

JUNE 2024JUNE 2023
Median list price:$305,000$322,500
Median sales price:$326,000$333,750
Days on market:43
No. of homes sold:3336

Buyers paid an average of 6.8% over asking price; yet prices dropped just over 2% compared to the same period last year. The lowest closed price was $125,000 and the highest was $631,000–that was $56K over list price. Yes friends, there are still bidding wars going on! Here are the year-to-date numbers:

JAN-JUNE 2024JAN-JUNE 2023
Median list price:$299,000$292,500
Median sales price:$305,500$296,000
Days on market:33
No. of homes sold:128142

Here we see that the median sales price rose 3% compared to a year ago; that is a modest increase. Buyers are paying about 2% over the list price; the number of homes that changed owners dropped by 10%.

Currently there are 23 single family homes for sale in Waldo–and over half of them are under $300K. Current median price is $255,000. This could be the time to buy–more selection as some homes sit on the market longer. Traditionally there is some reason a house sits for more than a few days–just see the days on market stat in the charts above! Still, if buyers can be a bit more flexible, there may be some Waldo deals out there!

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

Waldo Home Sales Report-April 2024

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One more quick blog before the long holiday weekend..the unofficial start of summer! The busy home buying season is here–new listings are selling fast. Here are the single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

APRIL 2024APRIL 2023
Median list price:$299,900$267,500
Median sales price:$310,000$278,750
No. of homes sold:1922
Days on market:34

Buyers still paying over the list price; and values are up 13% compared to April 2023. The lowest closed price was $260,000 and the highest was $315,000. Below are the year-to-date numbers:

JAN-APRIL 2024JAN-APRIL 2023
Median list price:$295,000$275,000
Median sales price:$299,000$275,000
No. of homes sold:7169
Days on market:39

The number of homes changing owners is pretty steady; homes are going under contract within a couple of days being listed. Prices are up 8.7% for the year.

There are currently 14 homes for sale in Waldo, including three newly built properties. The lowest asking price is $230,000 and the highest is $679,000. Enjoy the holiday!

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