Blogging from Brookside in Kansas City: Waldo (Kansas City MO) Dec 2019 Home Sales Report

Waldo (Kansas City MO) Dec 2019 Home Sales Report

Waldo home values have really shot up over the past five years..I remember when a buyer could purchase a cute, updated home north of 75th St for under $200K!  First let's take a look at December stats, and then YTD comparisons.  I'm using the boundaries of State Line to Holmes; Gregory to 85th St.

 

December 2019                                         December 2018

Median list price:     $222,500                 Median list price:     $222.500

Median sales price:   $215,725                Median sales price:    $220,000

No. of homes sold:    32                            No. of homes sold:    16

Days on market:       21                              Days on market:      16

Sold prices fell just under 2% compared to last December.  Almost twice as many homes closed, and the days on market was a few days longer.  Now we'll check YTD figures for the past five years..you can see the values steadily increasing:

 

Year            Median List Price      Median Sales Price     No. Sold      DOM

2019               $225,000                        $220,000                      3               11                

2018               $200,000                        $205,000                      369          19

2017               $175,000                        $177,000                      383          12

2016               $165,000                        $166,000                        38          20

2015              $159,900                         $156,000                      341           34

 

Waldo values were up 5.96% last year compared to 2018; and a whopping 39% since 2015.  Homes are going under contract faster too.  The lowest sales price in 2019 was $12,000 and the highest was $454,000.  Currently there are 29 active listings, with an average price of $225,000 and 16 days on market.  I think Waldo will continue to be a preferred destination for many first time buyers in 2020--and investors as well.

(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 3 commentsMary Hutchison, SRES, ABR • January 19 2020 05:25PM

Comments

thanks for the market update- it is always good to see what is going on in different parts of the country

Posted by Lise Howe, Assoc. Broker in DC, MD, VA and attorney in DC (Keller Williams Capital Properties) 30 days ago

Hi Mary:

There is some good information here for both buyers and sellers in the Waldo area, but it's clear anyone thinking of buying or selling should be in touch with you to truly understand the local market conditions and how this impacts their decision making!

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (eXp Realty of California) 28 days ago

Thanks for sharing the information on this community, I hope you sell many of these properties. 

Nick 

Posted by Nicholas Crane, Managing & Appraising Forest Land (Woodland Companies) 24 days ago

Participate