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-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.)

 

Waldo Home Sales Report April 2020

Waldo home prices have been rising fast–will the pandemic slow down the market?  Prices in the Brookside/Waldo area have taken a dip, but I still see strong demand for homes in these areas.  Let’s take a look at the numbers for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

April 2020                                                       April 2019

Median list price:     $197,500                       $227,000

Median sales price:    $208,000                    $217,750

No. of homes sold:       26                                  32

Days on market:          5                                      9

Home prices down about 4.5% compared to April of last year. However, note that sellers were getting over list price for their properties.  This may be due to bidding wars as a result of lower inventory.  Below are the year-to-date comparisons:

Jan-April 2020                                                  Jan-April 2019

Median list price:      $209,450                          $225,000

Median sales price:    $210,750                         $219,900  

No. of homes sold:       90                                        93

Days on market:           21                                        19

Year-to-date, prices have fallen just over 4%.  Currently there are eleven active single family listings in Waldo, with an average price of $279,900 and 14 days on market.

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

 

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-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 Farmers Market Opens Wed 6/5/19!

Waldo Farmers Market

Where’s Waldo…Farmers Market? The neighborhood missed you last year!
Fortunately the Waldo Farmers Market is back for the 2019 season in a new location, opening this Wednesday June 5, 2019 at 3pm.
I recently talked with Tom Richardson, the new Market Manager (a volunteer position, thank you Tom!) about what to expect this year. Tom reports many vendors will be returning this season (Pink Pony Farms, GF+1Seven Swans Creperie among others) and hopes to have new products and food offerings join the market. What you see at Waldo Farmers Market is grown within 100-150 miles of our city and meets KCMO health department requirements. All vendors complete an application (still time to apply for space!); food trucks are also welcome. For opening night, a few special events are planned: the first 15 people will get a reusable Waldo Market bag and Waldo resident Erin Eades will provide musical entertainment.
The new location, at 7850 Holmes in the parking lot of the South Broadland
Presbyterian Church, will provide more space for farmers and shoppers with a
larger parking area—plus regular visitors from parents and caregivers picking up
their children from the popular summer camp program at the church. Hours are
3-7, and the market will be open every Wednesday through September 25.
Please support our Waldo Farmers Market! Just about every week there is
something different to buy –you’ll be inspired by all of the fresh produce, baked
goods and other surprise finds! Bring the kids,  bags for your goodies and
chat up the vendors—they love talking about what’s out on the tables.
Tom is working on a website for the market; in the meantime, find them on
Facebook at www.facebook.com/waldofarmersmarket. You can message Tom
through their FB page as well for an application or more information.

Waldo Home for Sale – A Real Bargain!

Out on Realtor tour yesterday, I saw this new listing in Waldo–wow, it’s a bargain!  Five bedrooms, two full baths for $179,900! A lot of space for the money at 7316 Main.

Lacks some curb appeal but don’t let that stop you–the large wrap around screened porch in front is a great feature.  Sip a beer and watch the foot traffic go by!  Inside, the living room and dining room are very open, and the kitchen has a small eat in area.  In back you’ll find a carport with private drive and a deck.  There is a hi efficiency furnace, 200 amp electrical and almost 2000 square feet per tax records.

Great location too–walk to school, church,  library, Trolley Track Trail, Waldo hot spots, bus stop.

This house is priced to sell.  You’ll be impressed.  It’s not my listing. ..of course I can show it to you…just email me.