Blogging from Brookside in Kansas City: Waldo (Kansas City MO) July 2020 Home Sales Report

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

Comments

Waldo home buyers and sellers are sure to value your real estate market report, Mary!

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 17 days ago

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