Waldo Home Sales Stats – May 2017

Home prices are up again in Waldo–a trend that has been consistent this year.  There is a lot of demand and not enough inventory.   These figures are for Waldo single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

May 2017

Number of homes sold:    42

Median list price:              $189,900

Median sales price:          $192,000

Average days on market:    13

May 2016

Number of homes sold:      48

Median list price:              $168,700

Median sales price:          $168,000

Average days on market:    10

The highest price sale in Waldo last month was $365,500 and the lowest was $84,900. Note the sales price was higher than list price–because many of the homes that closed were at or over the asking price.

Here are year-to-date comparisons:

Jan-May  2017

Number of homes sold:   165

Median list price:            $175,000

Median sales price:        $177,500

Average days on market:  26

Jan-May 2016

Number of homes sold:    152

Median list price:             $165,500

Median sales price           $164,475

Average days on market:   25

Year to date, Waldo home prices are up 7.9% over last year. Currently there are 14  active single family homes in Waldo, with a median list price of $175,000  and  ten   days on market.

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

 

 

 

 

Brookside/Waldo Farmers Markets Are Open for the Season

farmer

Summertime and fresh produce from the area farmers’ markets–just can’t beat the taste of freshly picked berries, tomatoes, herbs and veggies.  Fortunately we have two farmers’ markets in the neighborhood so you can stock up twice a week!

 

The Brookside Farmers Market is open each Saturday at 63rd and Wornall Road.   This market features local (less than 100 miles away) vendors that sell ‘organic and non-GMO food’.  Besides fresh produce, you’ll find eggs, meat, herbs, flowers, baked goods and homemade items like soaps and crafts.  Hours are 8am-1pm on Saturdays.

 

waldo marketThe Waldo Farmers Market is also open for the season at 303 W 79th St, just east of 79th and Wornall next to Habitat ReStore.  Although smaller than the Brookside market, it offers a great selection of ‘local, certified organic and non-certified sustainably produced’ products, ranging from vegetables and herbs to snacks and  ice cream.  Offerings can change weekly.  This market is open every Wednesday from 3-7pm–which is so convenient if you need inspiration for a quick weeknight dinner!

Remember to bring a bag to the market to tote your goodies back home, plus cash in small bills,  and watch for pedestrians while parking.  Thank you for supporting area farmers and merchants!

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.)

Waldo Home Sales Stats – Feb 2017

Waldo continues to be one of the hottest neighborhoods for home sales!  Every month I check the stats and prices keep rising…more units are selling.  This is going to be a very strong spring/summer for home sellers in this area:  Gregory to 85th; State Line to Gregory.  As usual, buyers want to purchase updated, well maintained homes–those sell very fast, often for over asking price.  Let’s look at activity for last month and year-to-date numbers as well.

February 2017

Median list price:       $184,700

Median sale price:     $180,000

Number of homes sold:   27

Days on market:               30

February 2016

Median list price:        $171,450

Median sales price:     $165,750

Number of homes sold:    16

Days on market:                 34

Checking year-to-date comparison:

Jan-Feb 2017

Median list price:      $169,800

Median sales price:   $165,000

Number of homes sold:    53

Days on market:                 33

Jan-Feb 2016

Median list price:      $163,950

Median sales price:   $163,950

Number of homes sold:   37

Days on market:               59

Prices are up almost 1% over last year; more homes are selling and sellers are getting very close to list price–not much bargaining room for buyers.  Currently there are just 12 homes for sale in Waldo, with a median price of $138,700 and 69 days on market.   

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

 

 

 

 

 

New Ramen Bar Now Open in Waldo

boru

The much anticipated ramen bar, Boru, is now open in Waldo at 500 W75th St.  I haven’t eaten there yet–but everyone I know wants to try it! I hear it’s very busy during typical lunch and dinner hours. Another hot spot for Brookside/Waldo diners!

A little background:  Owners Andy Lock and Domhall Molloy also own the successful Summit Grill, just west of Boru.  The culinary director, Po Wang, is a native of Taiwan.

Boru’s  website offers menu details and a very helpful glossary for those folks not familiar with this type of cuisine.  Featured options include steamed baos (buns stuffed with goodies); several salads (including  cold noodle and crispy Brussel sprout ), ramen bowls with ‘add on’ options (egg, pork belly, tofu), plus a kids’ menu, full bar (with sake of course!) and happy hour specials. It all sounds delicious and so different from the usual Waldo bar food and restaurant spots.

Boru (it means bowl in Japanese) is open seven days a week at the corner of 75th and Washington– and accepts reservations through Open Table. Thank you for supporting our locally owned businesses!

 

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.)

Waldo 2016 Home Sales Recap

Another year gone…another uptick in Waldo home sales!  First we will look at numbers for Dec 2016; then move on to a 2016 wrap up with comparisons to 2015. The figures are for single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

December  2016

Number of homes sold:    17

Median list price:              $179,000

Median sales price:          $179,000

Average days on market:    21

December  2015

Number of homes sold:      29

Median list price:              $179,950

Median sales price:          $179,950

Average days on market:    33

Fewer homes sold last month compared to Dec 2015, but I think that was due to lack of inventory as demand was strong.  Notice how most sellers are getting asking price for their homes.  

Here are year to year comparisons:

2016

Number of homes sold:    392

Median list price:            $166,750

Median sales price:        $167,250

Average days on market:  21

2015

Number of homes sold:    361

Median list price:             $160,000

Median sales price           $160,000

Average days on market:    34

Median prices rose 4.5% in Waldo compared to 2015; more homes are selling and in a shorter amount of time. Waldo is a hot location for homebuyers!

Currently in Waldo, there are 17 single family homes for sale at a median list price of $165,000 and 58 days on market.  Lowest listing is priced at $106,900; highest is $479,999.

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