Blogging from Brookside in Kansas City: September 2020

Waldo (Kansas City MO) July 2020 Home Sales Report

I am a little late in posting these stats...when every day is (almost) the same, my schedule isn't as rigid!  It's the same story in Waldo--lots of demand, not much inventory, buyers going over asking price to secure properties.  Here are the numbers:

 

July 2020                                                                                              July 2019

Median list price:      $199,950                                                         $234,000

Median sales price:    $214,000                                                        $241,000

No. of homes sold:         46                                                                      37

Days on market:              2                                                                        3

 

Although the sales price is lower than one year ago, sellers are getting about 7% above the asking price!  Houses are still going under contract within 48 hours of listing.  Let's look at the year-to-date numbers:

 

Jan-July 2020                                                                                         Jan-July 2019

Median list price:      $215,000                                                              $228,450

Median sales price:    $225,500                                                             $228,000

No. of homes sold:       210                                                                       206

Days on market:           4                                                                            8

 

Prices have dipped somewhat YTD but no need to panic--there are a wide variety of home prices in Waldo and I think the year will finish up very strong as it's still a sellers' market.  The lowest closed price so far this year is $42,000 and the highest is $520,000.  Currently there are just 11 single family homes for sale in Waldo, with a median price of $215,000 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!)

**********

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 • September 08 2020 09:15PM
Waldo (Kansas City MO) July 2020 Home Sales Report
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I am a little late in posting these stats… when every day is (almost) the same, my schedule isn't as rigid! It's the same story in Waldo--lots of demand, not much inventory, buyers going over asking price to secure properties. Here are the… more