Waldo Home Sales Report-April 2017

Waldo continues to be a hot spot for homebuyers this year.  As prices keep climbing in the 64113 zip code to the north, those who want to buy on a more modest budget look south to 64114.  Those first two sentences exactly what I wrote for the March 2017 stats report.  It’s a trend!!!  These figures are for Waldo single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

April 2017

Number of homes sold:    43

Median list price:              $165,000

Median sales price:          $170,000

Average days on market:    4

April 2016

Number of homes sold:      29

Median list price:              $169,900

Median sales price:          $169,000

Average days on market:    12

The highest price sale in Waldo last month was $468,500 and the lowest was $54,000. Note the sales price was higher than list price–because 32 of the homes that closed were at or over the asking price.

Here are year-to-date comparisons:

Jan-April  2017

Number of homes sold:   120

Median list price:            $165,000

Median sales price:        $170,200

Average days on market:  31

Jan-April  2016

Number of homes sold:    100

Median list price:             $169,450

Median sales price           $169,450

Average days on market:   40

Prices are up, homes are selling very fast and sellers are getting sticker price.  Waldo is a a very desireable location for homebuyers! Currently in Waldo, there are just 13 active single family homes for sale at a median list price of $142,000 and 14 days on market.

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

 

 

Brookside Home Sales Report – April 2017

Home prices continue to rise in Brookside.  Due to a shortage of inventory, prices are going up, multiple offers are common–especially for homes priced under $400K.  Plus, Brookside homes look extra beautiful during Spring!  Here is the April 2017 Brookside single family home sales report, using stats from zip code 64113:

April 2017

Median list price:        $399,000

Median sales price:    $360,000

Number of homes sold:    29

Days on market:               17

The lowest closed price was $237,500 and the highest was $1.5 million.  

April 2016

Median list price:        $375,000

Median sales price:    $371,500

Number of homes sold:   30

Days on market:                41

Checking year-to-date figures:

Jan-Apr 2017

Median list price:        $399,000

Median sales price:    $394,230

Number of homes sold:  78

Days on market:               35

Jan-Apr  2016

Median list price:         $379,000

Median sales price:     $375,000

Number of homes sold:   87

Days on market:                35

So far, median prices are up 5.1% this year compared to same time period in 2016. Fewer homes are selling…because there are fewer homes for sale. There is still a strong demand for Brookside properties priced from $200-$350K.  Currently there are 38 single family homes for sale in zip 64113, with a median list price of $612,425.  Over one half of the homes on the market are $500K or higher.

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

Waldo Home Sales Stats-March 2017

Waldo continues to be a hot spot for homebuyers this year!  As prices keep climbing in the 64113 zip code to the north, those who want to buy on a more modest budget look south to 64114.  These figures are for single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

March 2017

Number of homes sold:    35

Median list price:              $175,000

Median sales price:          $175,000

Average days on market:    39

March 2016

Number of homes sold:      31

Median list price:              $134,900

Median sales price:          $135,000

Average days on market:    31

The highest price sale in Waldo in March was $480,000 and the lowest was $105,000.

Here are year-to-date comparisons:

Jan-March 2017

Number of homes sold:    85

Median list price:            $172,900

Median sales price:        $170,400

Average days on market:  33

Jan-March 2016

Number of homes sold:    63

Median list price:             $149,950

Median sales price           $149,950

Average days on market:   41

Median prices are up 13.6% this year as compared to the first quarter in 2016. More homes are selling and in a shorter amount of time. And sellers are getting offers at or very close to the asking price…this has been happening for several months now!

Currently in Waldo, there are 11 single family homes for sale at a median list price of $224,900 and 24 days on market.

 

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

Armour Hills Home Sales Stats-March 2017

Not a lot of activity in Armour Hills in March regarding  sold homes–however, that is normal as the first couple of months of the year are not popular times to list homes due to traditionally cold weather.  Still, there was an increase in median sales price!  Let’s look at the March 2017 home sales for Armour Hills, and a comparison to last year.

March 2017

Median list price:      $325,000

Median sales price:  $325,000

Number of homes sold:  5

Days on market:             6

March 2016

Median list price:       $234,975

Median sales price:   $229,475

Number of homes sold:  6

Days on market:             39

Four of the five homes that sold last month in Armour Hills were over $300K, pushing the median sales price up. Notice it was only a few days before the new listings went under contract.

Now let’s look at year to date:

Jan-March 2017

Median list price:      $395,000

Median sales price:  $395,000

Number of homes sold:  50

Days on market:             37

The lowest sales price so far this year $205,000 and the highest was $440,000.

Jan-March 2016

Median list price:        $389,500

Median sales price:    $382,000

Number of homes sold:   57

Days on market:              34

So far, prices are up 29% over first quarter 2016.  However, most of the increase is due to more expensive homes selling this year over same period one year ago.  Currently in Armour Hills there are four homes for sale, with a median price of $312,000 and 18 days on market.

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

Brookside Home Sales Stats-March 2017

We are all in  the typically strong Spring home buying season and inventory is still pretty low compared to demand.  However, I know sellers are busy getting their homes ready to list and the next couple of months will bring even more houses for sale.  Here is the March 2017 Brookside single family home sales report, using stats from zip code 64113:

March 2017

Median list price:        $395,000

Median sales price:    $395,000

Number of homes sold:    34

Days on market:               28

The lowest closed price was $200,000 and the highest was $803,000.

March 2016

Median list price:        $384,250

Median sales price:    $379,500

Number of homes sold:   34

Days on market:              28

Checking year-to-date figures:

Jan-Mar 2017

Median list price:        $394,230

Median sales price:    $397,000

Number of homes sold:  50

Days on market:             37

Jan-Mar 2016

Median list price:         $389,000

Median sales price:     $382,000

Number of homes sold:   57

Days on market:              34

So far, median prices are up 3.2% the first quarter of 2017 compared to first quarter 2016.  Fewer homes for sale means less for buyers to chose from and prices get pushed up.  There is still a strong demand for Brookside properties priced from $200-$350K.  Currently there are 34 active single family home listings in Brookside, with a median price of $772,000.  Most of the active listings-21 homes-are $500K and more; 9 properties are priced over $1million.

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

Armour Hills Feb 2017 Home Sales Stats

Not a lot of activity in Armour Hills in February regarding number of sold homes–however, that is normal as the first couple of months of the year are not popular times to list  due to traditionally cold weather.  Still, there was an increase in median sales price!  Let’s look at the February 2017 home sales for Armour Hills, and a comparison to last year.

Feb 2017                                                 

Median list price:      $314,500                          

Median sales price:  $314,500                          

Number of homes sold:  5                                 

Feb 2016        

Median list price:       $249,500

Median sales price:   $247,000     

Number of homes sold:  3    

That’s quite a jump in the median price for one year–however, larger and more expensive homes closed this year as compared to last.  Note that sellers are getting virtually their asking price.                   

Now let’s look at year to date:

Jan-Feb 2017                                                   

Median list price:      $314,500                                    

Median sales price:  $314,500                         

Number of homes sold:  9                                 

Days on market:             36

The lowest sales price so far this year $205,000 and the highest was $440,000.

Jan-Feb 2016

Median list price:        $249,950

Median sales price:    $252,500

Number of homes sold: 5

Days on market:            50

We are off to a good start this year–prices are up, and more homes are selling!  Currently in Armour Hills there are five active listings with a median price of $312,000 and five days on market.      

                               

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

Waldo Home Sales Report-Jan 2017

Last year was a strong year for home sales in Waldo.  Prices were up 4.5% over 2015, more homes sold and in a shorter amount of time.  This year is off to a good start as well. Here are the single family home sales for Waldo; the geographical area I am tracking is State Line to Holmes; Gregory to 85th St.

January 2017

Number of homes sold:       25

Median list price:                  $159,950

Median sales price:              $159,900

Average days on market:          36

The lowest sales price was $73,000 and the highest was $311,000.

January 2016

Number of homes sold:       21

Median list price:                 $163,950

Median sales price:              $163,950

Average days on market:       62

Although median price was lower last month as compared to a year ago, notice how  sellers are virtually getting the list price and homes are selling twice as fast so far this year.

Currently there are 18 single family homes for sale in Waldo with a median price of $157,400 and 27 days on market. The lowest list price is $96,000 and the highest is $339,500.

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