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Waldo (Kansas City MO) Home Prices Continue Upward Trend in 2015

By
Real Estate Agent with Better Homes and Gardens Real Estate-Kansas City Homes

Wonderful Waldo  in Kansas City MO continues to be a hot location for buyers this year!  There are so many different types of housing here:  everything from charming, spacious two-story homes with welcoming front porches to smaller, two bedroom ranch style homes.  I am reporting on single family home sales stats for the area of State Line to Holmes, and Gregory to 85th:

 

In June 2015, 50 homes sold with a median list price of $160,000 and a median sales price of $162,300 and 33 days on market.  The lowest closed sales price was $36,500 and the highest was $495,000.

 

In June 2014, 26 homes sold with a median list price of $139,900 and a median sales price of $140,000 with 46 days on  market.  

 

Twice as many homes sold this June compared to last year! The reasons for the higher final sales price compared to the list price could be:  a buyer financed their closing costs into the loan or there were multiple offers on some homes, pushing up the price. The $495K home that closed, on the 7400 block of Summit, was the highest sale so far this year in Waldo.

 

Checking year to date figures:

 

From January through June 2015, 176 homes have sold with a median sales price of $158,500.

 

From January through June  2014, 157 homes had sold with a median sales price of $140,000.

 

Median sales prices are up for the year, along with fewer days on market in Waldo!  Currently there are 54 active listings in Waldo, with a median list price of $125,000 and  31 days on market. The lowest price house is $54,000; the highest is $315,000.



(All stats taken from Heartland MLS; deemed reliable but not guaranteed)





Posted by

Mary Hutchison, SRES, ABR

(Brookside/Armour Hills resident, local business supporter, NPR fan, Habitat ReStore volunteer, thankful for the gift of another day!)

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Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org