We are in the middle of the peak Spring home buying season...yet sales are down in Waldo. Prices are up, though. Is the slowdown a lack of inventory, lack of demand or is Waldo following the national trend of fewer home sales? Time will tell. Here are the stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:
April 2019 April 2018
Median list price: $239,000 Median list price: $209,975
Median sales price: $220,000 Median sales price: $212,500
No. of homes sold: 31 No. of homes sold: 44
Days on market: 9 Days on market: 30
The lowest closed price last month was $95,000 and the highest was $382,000-highest sold price this year so far. Below are year-to-date figures:
Jan-April 2019 Jan-April 2018
Median list price: $222,500 Median list price: $189,950
Median sales price: $217,700 Median sales price: $193,000
No. of homes sold: 92 No. of homes sold: 120
Days on market: 16 Days on market: 16
Home values are up 12.8% compared to last year, even though fewer homes have sold. Buyers still flock to the well maintained, move in ready properties. Currently there are 23 properties for sale in Waldo, with a median list price of $255,000 and 14 days on market.
(All information 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
