Blogging from Brookside in Kansas City: May 2020

Waldo (Kansas City MO) April 2020 Home Sales Report

Waldo home prices have been rising fast--will the pandemic slow down the market?  Prices in the Brookside/Waldo area have taken a dip, but I still see strong demand for homes in these areas.  Let's take a look at the numbers for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

April 2020                                                       April 2019

Median list price:     $197,500                       $227,000

Median sales price:    $208,000                    $217,750

No. of homes sold:       26                                  32

Days on market:           5                                    9

 

Home prices down about 4.5% compared to April of last year. However, note that sellers were getting over list price for their properties.  This may be due to bidding wars as a result of lower inventory.  Below are the year-to-date comparisons:

 

Jan-April 2020                                                  Jan-April 2019

Median list price:      $209,450                          $225,000

Median sales price:    $210,750                        $219,900  

No. of homes sold:       90                                        93

Days on market:           21                                        19

 

Year-to-date, prices have fallen just over 4%.  Currently there are eleven active single family listings in Waldo, with an average price of $279,900 and 14 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 9 commentsMary Hutchison, SRES, ABR • May 28 2020 05:43PM
Waldo (Kansas City MO) April 2020 Home Sales Report
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Waldo home prices have been rising fast--will the pandemic slow down the market? Prices in the Brookside/Waldo area have taken a dip, but I still see strong demand for homes in these areas. Let's take a look at the numbers for Waldo, using the… more
Armour Hills (Brookside, Kansas City MO) April 2020 Home Sales Report
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