Waldo Home Sales Report-Aug 2018

Waldo home values up again..I think I’ve been reporting that every month this year I share the stats!  August was no exception. Here is the single family Waldo home sales report for August 2018, using the boundaries of State Line to Holmes and Gregory to 85th St:

August 2018                                                              August 2017

Median list price:    $198,000                                Median list price:    $176,000

Median sales price:   $192,000                              Median sales price:  $179,000

No. of homes sold:      37                                        No. of homes sold:   34

Days on market:         28                                         Days on market:    9

The lowest sales price last month was $108,500 and the highest was $355,000.

Here are year-to-date stats:

Jan-Aug 2018                                                      Jan-Aug 2017

Median list price:    $199,975                          Median list price:    $175,000

Median sales price:   $202,750                        Median sales price:   $177,500

No. of homes sold:    266                                 No. of homes sold:     272

Days on market:        16                                    Days on market:     14

Prices are up 14% over last year, and many buyers continue to pay over list price.  Houses continue to go under contract within about two weeks of hitting the market. Waldo is a hot neighborhood!

Currently there are 30 active single family listings, with a median list price of $217,000 and 33 days on market.

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

 

 

Advertisements

Waldo Fall Festival Happening Sat 9/15/18

September is full of outdoor festivals in the KC area, and one of the most family friendly is the Waldo Fall Festival, happening this Saturday, Sept 15, 2018 at the southeast corner of 75th and Wornall in the parking lot, from 10am-5pm.

waldo fall festivalNow in it’s 26th year, the Waldo Fall Festival is a celebration of the wonderful, eclectic Waldo neighborhood:  lots of local music playing throughout the day, local vendor booths, food trucks, rides and games for the kids and …no admission charge!  It’s a fun time for all ages.

Because the intersection of 75th and Wornall is usually heavily congested with cars during a normal day…on Sept 15 it will be even more challenging to work around. Bike or walk to the festivities (take the Trolley Track Trail!) — or if you drive, park a few blocks away.  Be extra aware of more foot traffic around the stoplights here and watch for little kids, bikes, scooters, etc.  

Celebrate cooler weather, visit with neighbors and friends at the Waldo Fall Festival this Saturday!

 

 

Waldo Home Sales Report – July 2018

Waldo home values continue their upward climb compared to one year ago…demand is very strong for the moderately priced houses you can find in this area. Here is the July 2018 single family home sales report for Waldo, using the boundaries of Gregory to 85th St and Holmes to State Line:

July 2018                                                                 July 2017

Median list price:      $215,000                            Median list price:     $149,725

Median sales price:   $210,000                           Median sales price:  $162,000

No. of homes sold:       43                                    No. of homes sold:    30

Days on market:           8                                       Days on market:       5

The lowest sales price last month was $47,000 and the highest was $460,000.

Year-to-date stats below:

Jan-July 2018                                                       Jan-July 2017

Median list price:     $199,900                          Median list price:      $175,000

Median sales price:   $200,000                         Median sales price:   $176,000

No. of homes sold:      237                                No. of homes sold:       243

Days on market:        15                                    Days on market:          15

Compared to the same time period last year, Waldo sales prices are up 13%! Currently there are 27 active listings, ranging in price from $115,000 to $398,000 and 27 days on market. 

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

Waldo Home Sales Report – June 2018

Halfway through 2018 and Waldo home values are as sizzling hot as the outdoor temperatures!  Closed sales prices are regularly above asking price.  Let’s look at the numbers, using the Waldo street boundaries of State Line to Holmes and Gregory to 85th St:

June 2018                                                June 2017

Median list price:     $200,000               Median list price:    $185,000

Median sales price:  $219,000               Median sales price:  $194,000

No. of homes sold:    31                         No. of homes sold:    45

Days on market:        35                          Days on market:      3

The main reason the days on market last month were so much longer was due to one house that sat for sale for over six months.  Most Waldo area homes sell in under seven days.   The lowest sales price in June 2018 was $35,500 and the highest was $405,920.  Below are year-to-date comparisons:

Jan-June 2018                                            Jan-June 2017

Median list price:      $197,000                Median list price:    $175,000                       

Median sales price:   $199,500                Median sales price:  $177,500

No. of homes sold:       180                     No. of homes sold:    205

Days on market:           15                        Days on market:     18

Fewer homes have sold this year due to a lack of inventory, and that’s pushing prices up–over 12% increase over last year.  Currently there are 29 single family homes for sale in Waldo, with a median price of $249,000 and 23 days on market. The lowest list price is $134,900 and the highest is $485,000.

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

 

 

Waldo Home Sales Report-May 2018

Double digit increases in home values continue in the Waldo area…when is the market going to slow down in this super hot neighborhood??  Here are the May 2018 single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

May 2018                                                            May 2017

Median list price:    $221,750                           Median list price:     $187,450

Median sales price:   $221,000                         Median sales price:   $189,250

No. of homes sold:     36                                   No. of homes sold:      44

Days on market:       10                                     Days on market:         12

Prices were up 16% over same period last year, and most sellers continue to get more than asking price for their properties.  Here are the year-to-date figures:

Jan-May 2018                                                  Jan-May 2017                      

Median list price:      $195,000                     Median list price:     $175,000

Median sales price:    $197,000                    Median sales price:    $177,000

No. of homes sold:     147                              No. of homes sold:      157

Days on market:         15                                Days on market:         26

Fewer homes are available to buy, so prices are trending upward due to lack of inventory.  Home values are up 11% YTD over last year, with most homes selling for over asking price and in a shorter period of time.  Currently there are 21 single family homes for sale in Waldo, with a median list price of $269,900 and 23 days on market. 

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

Waldo Home Sales Report-April 2018

Waldo home prices keep creeping up…again last month, many of the homes sold over the list price.  The highest sale was $430K–a whopping $30K over the asking price!  Here are the April 2018 sales stats, using the boundaries of Gregory to 85th St and State Line to Holmes:

April 2018                                                            April 2017

Median list price:    $209,975                           Median list price:    $159,000

Median sales price:  $212,500                          Median sales price:  $161,000

No. of homes sold:      44                                  No. of homes sold:      31

Days on market:        30                                    Days on market:          4

Checking year-to-date figures:

Jan-April 2018                                                     Jan-April 2017

Median list price:     $189,950                          Median list price:      $167,400

Median sales price:  $192,000                          Median sales price:    $170,200

No. of homes sold:      119                                No. of homes sold:       118

Days on market:          18                                  Days on market:           30

The number of homes is steady YTD–median sales price is up 12% over same period last year.  Demand is high, inventory low.  It’s a frustrating market for buyers in Waldo.

Currently there are 20 single family homes for sale in Waldo, with a median price of $244,500 and 12 days on market.  The lowest list price is $124,900 and the highest is $450,000.

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

 

Waldo Home Sales Stats-March 2018

The Waldo area has home prices ranging from under $100K for a real fixer-upper to updated remodeled homes over $400K.  That wide range of housing prices is one of the most desirable aspects to living in Waldo–along with many locally owned shops, services, restaurants and bars.  Prices continue to rise in Waldo–take a look at these stats from last month:

March 2018                                                          March 2017

Median list price:    $200,000                            Median list price:    $175,000                     

Median sales price:  $217,700                           Median sales price:   $172,700

No. of homes sold:      28                                     No. of homes sold:        36

Days on market:          3                                       Days on market:           40

Sold prices in March 2018 reflected an 8.75% over the list price! WOW. Lots of demand, not much inventory, pushing prices up.  Also, note homes went under contract in three days!  Here are the year-to-date statistics:

Jan-March 2018                                                     Jan-March 2017

Median list price:       $170,000                           Median list price:     $172,900

Median sales price:    $171,500                           Median sales price:   $170,400

No. of homes sold:        72                                     No. of homes sold:     89

Days on market:            15                                    Days on market:         33

Fewer homes have sold in the first quarter of 2018, and that’s because of a lack of inventory–the buyers are there, ready to write offers. Home values are up, and houses going under contract very fast.  I don’t expect a slowdown over the next few months.

Currently there are 17 active single family listings in Waldo, with a median list price of $239,000 and 17 days on market. Lowest price is $64,500 and highest is $385,000 (!).

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