Waldo Home Sales Report – Sept 2017

What is driving up Waldo home sale prices?  Not enough inventory, lots of buyers and bidding wars.  Once again, sales prices beat the listing price for last month’s stats.  Here is the single family home sales report  for September 2017, with comparisons to last year; and I’m using the street boundaries of Gregory to 85th St and Holmes to State Line:

September 2017

Median List Price:     $175,000

Median Sales Price:   $187,000

No. of Homes Sold:       29

Days on Market:           10

September 2016

Median List Price:     $164,450

Median Sales Price:   $161,000

No. of Homes Sold:      38

Days on Market:           30

The lowest closed price in Waldo last month was $37,500 and the highest was $317,500.  Nine of the 29 homes closed at or above list price.  One house, listed at $119,000 sold for $139,000–that’s $20K over asking price!

Checking year-to-date figures:

January-September 2017

Median List Price:     $177,000

Median Sales Price:   $175,000

No. of Homes Sold:      303

Days on Market:            14

January – September 2016

Median List Price:     $165,000

Median Sales Price:   $164,000

No. of Homes Sold:     321

Days on Market:          23

Median sales prices are up in Waldo 7.9% compared to last year, and homes are selling faster.  Currently there are 28 active single family homes on the market in Waldo, with a median list price of $187,500.

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

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Waldo Home Sales Stats – Aug 2017

Waldo home prices continue to climb this year…and houses are selling very fast!  Usually the market slows down after the July 4 holiday–not in Waldo!  Here are the Aug 2017 stats and comparisons to 2016.  The boundaries I’m using are State Line to Holmes; Gregory to 85th St.

August 2017

Median list price:     $175,000

Median sales price:  $178,000

No. of homes sold:       33

Days on market:           8

The highest sale was $326,000 and the lowest closed price was $115,000.  Notice the sales price was higher than the listed price!

August 2016

Median list price:      $150,000

Median sales price:   $146,000

No. of homes sold:       46

Days on market:          34

Comparing Aug 2017 to Aug 2016–a 21% increase in prices!  Here are year to date stats:

Jan-Aug 2017

Median list price:        $175,000

Median sales price:    $176,500

No. of homes sold:       270

Days on market:           15

Jan-Aug 2016

Median list price:       $164,975

Median sales price:    $163,975

No. of homes sold:        268

Days on market:            21

This year, homes are selling faster and for higher prices in Waldo.  Year to date, median sales price is up 7.6%.  Currently there are 23 single family homes for sale in Waldo, with a median list price of $163,900.

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

Waldo Fall Festival This Saturday 9/16

waldo fall festival

You don’t have to live in Waldo to enjoy the Waldo Fall Festival…now in it’s 25th year!  

The big event is this Saturday, Sept 16 2017 in the parking lot at the southeast corner of 75th and Wornall.  This is a family friendly event, with rides, music, food trucks, games, a petting zoo and many local vendors displaying their services and products.  Hours are 10am-5pm.

The intersection of 75th and Wornall is always a challenge–so please remember if you plan to attend–use the bus, walk or bike over.  If you drive, plan to park a few blocks away on one of the less busy side streets.  And please be extra aware of extra heavy foot and vehicle traffic in the area.

In addition, St Elizabeth’s is hosting their annual barbecue contest Friday through Sunday at 75th and Main–that intersection will be blocked off to traffic as well.

Thank you for supporting Wonderful Waldo!

 

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.)