Blogging from Brookside in Kansas City: Waldo (Kansas City MO) Home Sales Stats-May 2019

Waldo (Kansas City MO) Home Sales Stats-May 2019

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!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

Comment balloon 6 commentsMary Hutchison, SRES, ABR • June 22 2019 04:51PM

Comments

Hi Mary... you could be talking about the Charlotte market! 

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) 6 months ago

Mary,

I enjoyed the way you presented the stats in your market makes it very clear and easy to understand.  Wishing you a great week.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) 6 months ago

Thank you for taking the time to share with us these local market insights.  This is exactly the type of information that buyers and sellers need to make informed decisions.

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Maximum One Executive REALTORS®) 6 months ago

Families on the move will appreciate your local market reports.

Posted by Roy Kelley (Realty Group Referrals) 5 months ago

That's valuable real estate market data for home buyers and sellers in Waldo, Mary.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 5 months ago

Hi Mary:

That's a helpful presentation of the local market conditions and changes that have occurred, something which buyers should understand so they are prepared for their home search. No doubt you are the Waldo Realtor best equipped to help buyers achieve their real estate goals.

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 5 months ago

Participate