Blogging from Brookside in Kansas City: August 2019

Waldo (Kansas City MO) Home Sales Report-July 2019

Reading this blog may seem like the Groundhog's Day movie...same news about Waldo home values increasing!  Let's take a look at the numbers:

 

July 2019                                                              July 2018

Median list price:     $239,000                        Median list price:    $215,000

Median sales price:   $243,000                       Median sales price:  $210,000

No. of homes sold:     34                                  No. of homes sold:      43

Days on market:      3                                       Days on market:         8

 

Most of the homes that closed last month sold at or over list price, at a substantial increase over last July.  Fewer homes sold, and were available, so that pushes prices up and note--listings went under contract in an average of 3 days!  Below are YTD numbers:

 

Jan-July 2019                                                               Jan-July 2018

Median list price:     $225,000                                Median list price:     $199,800

Median sales price:  $225,000                                Median sales price:   $200,000

No. of homes sold:     198                                        No. of homes sold:     234

Days on market:        8                                             Days on market:         16

 

When there are fewer homes for sale, prices go up--that's what's been happening in Waldo.  Most sellers continue to get ask or over list price for their homes.  So far, Waldo home prices  have risen 12.5% this year.  Currently there are 29 active listings, with a median price of $235,000 and 41 days on market.  Prices range from $45,000 to $399,000.

(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 1 commentMary Hutchison, SRES, ABR • August 28 2019 09:30PM
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