I remember a time not that long ago when I would show homebuyers in Waldo a pretty nice, small 3 bedroom, one and a half bath home in Waldo for under $200K near 75th and Wornall. Not anymore--buyers are having to go farther south and/or east, plan fix up projects or get less square feet for that price. Waldo home values continue to rise at a fast pace. Here are the stats, using the boundaries of State Line to Holmes and Gregory to 85th St:
May 2019 May 2018
Median list price: $229,950 Median list price: $224,700
Median sales price: $227,500 Median sales price: $227,000
No. of homes sold: 40 No. of homes sold: 40
Days on market: 4 Days on market: 9
Prices rose over last May, and homes went under contract faster. The lowest sales price was $49,950 and the highest was $375,000. Here are year-to-date figures:
Jan-May 2019 Jan-May 2018
Median list price: $225,000 Median list price: $195,000
Median sales price: $219,950 Median sales price: $195,000
No. of homes sold: 132 No. of homes sold: 161
Days on market: 10 Days on market: 15
Fewer homes have sold YTD, but home prices up 12.79% over last year. There is still a huge demand for well maintained, move in ready homes in Waldo, especially near the bustling 75th and Wornall intersection. Walkability--on just about every Waldo homebuyers wish list! Currently there are 32 homes for sale, with a median asking price of $242,475 and 29 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!)
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Better Homes and Gardens Real Estate/Kansas City Homes
mary.hutchison@kansascityhomes.com
816 510 1262
