Be Social, Get Out and Join “Waldo Walk” Sept 19-26, 2020

Usually I would be posting about the annual Waldo Fall Festival right about now…but, as with all of our treasured fall activities (Plaza and Westport Art Fairs, Renaissance Festival, etc), it’s not happening this year. The Waldo Business Assn has come up with another event you can participate in: the Waldo Walk, starting Saturday and running until Sept 26.

You can do the Waldo Walk virtually or in person! Download the Racery app to go digital or get out in the fresh air and walk or bike the six mile route in person. (You do not have to do all six miles!) Teams are encouraged! There are many local merchants with special giveways and offers throughout the walk, including McLain’s Bakery, Crows Coffee, Bier Station and Geo’s Cheese. Special thanks to Mike’s Wine and Spirits for being a sponsor of the walk!

Get more details here. Remember, Waldo Walk lasts seven days so you have plenty of time to get out and explore Waldo during this Fall season, enjoy the cooler weather and (socially distant) mingle with friends and merchants along the way. THANK YOU for supporting our locally owned businesses!

Sierra Winter Jewelry Now Open in Brookside

When strolling around art fairs, I always stop at the jewelry booths.  There are so many different styles and types of metals—and usually a wide range of prices. Due to the pandemic–no Brookside/Westport or Plaza art fairs this year…However, last week I stopped by Sierra Winter Jewelry, a unique shop at 7017 Oak next to Eclectics to get my jewelry fix. This showroom has been open for several months now, but somehow I missed it!

Owner Sierra Otto had the urge to make jewelry early—she started back in high school.  At KU, she studied metal smithing and jewelry design.  She spent several years designing for Silpada (a now-defunct KC company) and finally went out on her own.  She sells direct to consumer via her website and to wholesalers around the country.  Earlier this year she opened this showroom and now operates the business just a few blocks from her Armour Hills home, where she lives with her husband and young daughter.

Sierra Otto

Sierra explained her designs are “globally inspired”  and she releases a new collection two times a year that consist of about 15 pieces—her next one will debut in October.  I asked Sierra about her best selling pieces, and she says the simple and classic  “Eclipse”  is very popular, along with the “Easy Rider” horseshoe ring and the “Mama” collection, featuring rings, necklaces and bracelets often given to new Moms as shower and new baby gifts.  All of her pieces are sterling silver or 18K gold vermeil, and some feature precious stones such as turquoise, lapis and opal for a special focal point.  In addition to jewelry, the shop also sells specialty bandanas, candles, incense, cards and nail polish for sale.

Business has been brisk, despite the pandemic and Sierra plans to host private events and trunk shows once we return to a more ‘normal’ lifestyle.  In the meantime, stop by the store—or website.  Sierra Winter Jewelry is open Wednesday through Friday from 10am-5pm, and noon-4 on Saturday at 7017 Oak St. 

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.)

Armour Hills Home Sales Report-July 2020

No new revelations in this month’s post about Armour Hills home sales…home values continue to rise, in line with other areas of Brookside. So, let’s look at the numbers:

July 2020July 2019
Median list price: $319,000$339,000
Median sales price: $335,000$340,000
No. of homes sold: 7 12
Days on market: 1 12

Wow, look at the sales to list price figure–5% higher! Last month, Armour Hills homes sold at or over the asking price. And they went under contract within 24 hours! The final sales price was lower than July 2019, but…still up YTD, as we can see from the figures below:

Jan-July 2020Jan-July 2019
Median list price: $347,000$339,900
Median sales price: $342,000$340,000
No. of homes sold: 44 55
Days on market: 8 21

Fewer homes have sold YTD compared to last year; that follows the trend of the entire metro area–fewer homes for sale overall. So, what does come on the market generally sells fast and can go over the list price. Armour Hills home prices are slightly up this year than 2019.

Currently there are just two homes for sale, with an average list price of $322,000 and eleven days on the market.

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

Brookside Home Sales Report-July 2020

We are in the dog days of summer, my friends, and I’m still busy helping buyers and sellers with residential real estate! Usually, mid August to mid September is a slow period, with late summer vacations, back to school preparations, the Labor Day holiday. But this is not a normal year and so many homes in our area continue to go under contract within a few days of listing. Here’s the stats for July 2020 for single family homes in Brookside, and a year-to-date comparison:

July 2020 July 2019
Median list price: $425,000$377,500
Median sales price: $425,000$370,000
No. of homes sold: 33 36
Days on market: 5 20

Last month, a buyer paid over asking price for a $1million+ home! Usually the more expensive properties sit for several weeks; this one went for $115K over asking price! As you can see, sellers were getting at or above asking price for their homes.

And here’s where we are YTD:

Jan-July 2020Jan-July 2019
Median list price: $387,475$389,950
Median sales price: $393,750$382,500
No. of homes sold: 152 190
Days on market: 8 24

Although fewer homes have sold so far this year (partly due to the pandemic, I’m sure–sellers deciding not to move); homes are selling faster and running about 1.6% over list price compared to last July. We’ve had two $1million+ homes close this year, and overall, prices are up almost 3%.

Currently there are 22 homes for sale in Brookside, with an average list price of $974,000 and 65 days on market. That average price is so high because half of the homes for sale are priced at over one million dollars.

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

Brookside Shops Host Summer Sale Today Through Saturday

It’s a bonus sale!  You may remember that Brookside hosted it’s annual Sidewalk Sale last month–starting today, there is another sale you can take advantage of:  the Brookside Summer Sale!

Brookside Summer SaleBeginning today, Aug 20, 2020 through Saturday–many shops and restaurants are offering special discounts, clearance items and some dining deals.  Participating stores include COCO, LEOPOLD Gallery, LadyBye, Brookside Toy and Science, Brookside Party Warehouse, The Roasterie and Michael Forbes.  Check www.brooksidekc.org for a complete list, and details on the coloring contest.

Remember to wear your mask and respect each store’s social distancing policy.  Thank you for supporting our locally owned Brookside and Waldo businesses!

South of Summit Taco Joint (has been) Open in Waldo

One of my favorite Waldo restaurants is Summit Grill.   In the Before Times, I would often take clients there for lunch, or meet friends for happy hour.  They have an extensive menu, prepare their own salad dressings on site (very important to me!) and have the best French Dip sandwich I’ve tasted in KC.  The food is always fresh and the service is good. Hubby and I went there recently for an early dinner.

summit front

 

Anyway,  I was excited to hear the same owners opened up South of Summit Taqueria and Tequila right next door, in the former Summit Grill events space.  I visited this new taco spot in early March, all ready to post a blog about it–then BAM, the Shutdown. Posting it now!

 

summit inside

South of Summit is a smaller  space than Summit Grill, with an open and casual vibe.  The servers wear tee shirts that state Viva Waldo! printed on the back–gotta love the Waldo pride!  After examining the menu, there are a couple of things to point out:  all tacos are priced under $4, and sides are just $2-$4.  The taco shells are made fresh in house, and can include a crispy melted cheese, grilled on the flat top. There are larger main dish items as well, including an enchilada and burrito. I appreciate the smaller portions–so you can  have just one taco and a side–as well as a larger, full meal.  If you are a tequila lover– South of Summit has a huge selection !  Happy hour happens every day  from 3-6, featuring $4 house margaritas, $3 beers and a several  half price appetizers plus discounted tacos.  Dine in service is back; there is also a shaded outdoor patio. And you can order online for pick up. 

South of Summit is open seven days a week, at 516 W 75th St, just west of 75th and Wornall.

summit patio

 

Armour Hills Home Sales Report-June 2020

I am a bit late posting the June stats for Armour Hills homes sales…it’s already August! Still, time is moving slowly these days…but home sales are still very strong in Brookside. Here’s the report:

June 2020June 2019
Median list price: $334,900$329,000
Median sales price: $347,750$329,000
No. of homes sold: 89
Days on market: 2224

Five homes closed at or over asking price in June 2020. One home sold —for $35,000 over the list price!!! Another sold for $22,600 over ask price. It’s an out of control bidding war at times in Brookside and Waldo these days. Now let’s look at year-to-date numbers:

Jan-June 2020Jan-June 2019
Median list price: $349,900$343,700
Median sales price: $342,500$343,325
No. of homes sold: 3744
Days on market: 1024

Median sales price is running just a smidge behind where we were last year at this

time. The number of homes sold is lower; homes going under contract quicker. There is still a lot of demand, despite the COVID-19 pandemic. Will home sales fall as we get into the colder months of the year as they usually do? I think so; it will be interesting to see if prices are lower as well. So much depends on the condition of the home, no matter what time of year.

Currently there are seven active listings in Armour Hills, with a median list price of $359,900 and 13 days on market. Contact me if I can help you with any real estate needs!

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

Waldo Home Sales Report-June 2020

Demand for single family homes in the Waldo area is not slowing down…even with a pandemic going on! Prices keep rising; buyers often pay over list price for homes. Here are the stats for June, using the closed sales in the street boundaries of State Line to Holmes and Gregory to 85th St:

June 2020June 2019
Median list price: $230,000$217,500
Median sales price: $244,000$215,000
No. of homes sold: 4340
Days on market: 27

Buyers are paying over list price; an average of 6% ! And as you can see, most homes are going under contract within 48 hours of hitting the market. WOW. Let’s see what the year-to-date trend is:

Jan-June 2020Jan-June 2019
Median list price: $222,500$222,500
Median sales price: $228,200$219,500
No. of homes sold: 167176
Days on market: 510

YTD, Waldo home prices are up about 4% compared to 2019, and are going under contract quickly. Currently there are 21 active single family homes listed, with a median price of $325,000 and ten days on market. Prices range from $195,000 to $555,000.

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

Brookside Home Sales Report-June 2020

We are halfway through 2020, and despite the ongoing pandemic, Brookside home values are up–and down. Looking at monthly comparison (June 2020 to June 2019), prices are higher. There was a dip in the YTD figures. Here are the details, checking single family home sales in the main Brookside zip code of 64113:

June 2020June 2019
Median list price: $424,900$369,000
Median sales price: $420,000$370,000
No. of homes sold: 2731
Days on market: 811
  

Last month, prices were up 13.5% over June 2019. Eleven homes listed at over $500,000 closed, and just a few less homes sold this year. Let’s take a look at the year-to-date numbers:

Jan-June 2020Jan-June 2019
Median list price: $379,000$395,000
Median sales price: $378,000$389,807
No. of homes sold: 119154
Days on market: 1028
  

Home values are down 3% compared to 2019. Note, however, during the first half of 20919 there were seven $1million+ homes that closed; this year just one so far. Also, 22% fewer homes sold but I think that’s because of COVID 19. Many sellers decided to delay, or not list during the usually busy spring season. We are seeing more homes hit the market now. Interest rates are so low –below 3%!–that I think sales in the $500K and under category could be very strong for the next few months.

Currently there are 30 active single family homes for sale in Brookside; 13 of those are priced over $1,000,000.

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