Blogging from Brookside in Kansas City

Waldo (Kansas City MO) Home Sales Report March 2019

Up, up, up--Waldo housing values continue to climb as first time buyers (and investors) continue to snap up moderately priced homes in this hot neighborhood.  Here are the single family home sales for March and YTD figures, using the Waldo street boundaries of State Line to Holmes and Gregory to 85th St:

 

March 2019                                                                 March 2018

Median list price:     $234,900                                  Median list price:       $200,000

Median sales price:  $234,900                                  Median sales price:    $206,250

No. of homes sold:      29                                          No. of homes sold:       32

Days on market:          17                                           Days on market:          3

Sellers control the pricing in this busy spring buying market--there is very little negotiation off the list price and often multiple offers are received for well maintained, updated new listings.  Here are the YTD numbers:

 

Jan-March 2019                                                       Jan-March 2018

Median list price:     $222,500                              Median list price:       $179,000

Median sales price:   $217,450                             Median sales price:     $178,000

No. of homes sold:      62                                        No. of homes sold:      79

Days on market:        19                                          Days on market:         15

Home values are  up 22% over the same period last year--a huge jump! As more inventory comes on the market during the busy spring season, prices may continue to grow according to demand.  Last month saw the highest and lowest sales of the year so far:  $372,000 and $42,000 respectively.

 

Currently there are 22 active single family home listings in Waldo, with a median list price of $282,450 and 22 days on market.

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

 

Mary Hutchison, SRES, ABR

(Brookside/Armour Hills resident, local business supporter, NPR fan, Habitat ReStore volunteer, thankful for the gift of another day!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

Comment balloon 2 commentsMary Hutchison, SRES, ABR • April 24 2019 01:52PM
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