Waldo (Kansas City MO) Home Sale Stats - Feb 2016

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

Wonderful Waldo!  A popular area for homebuyers...and prices are on the upswing early in the year.  Here are the sales stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

 

February 2016:

 

Number of homes sold:   16

Median list price:              $171,450

Median sales price:          $165,750

Average days on market:  34

 

The lowest sales price was $66,100 and the highest was $340,000 (which was $10,050 over the asking price!)

 

February 2015:

 

Number of homes sold:   24

Median list price:              $154,500

Median sales price:          $148,500

Average days on market:   40

 

Fewer homes sold this year so far….due to a lack of good inventory, because demand is very strong. Notice how prices are higher than last year.

 

Checking year to date figures:

 

2016:                                                                                2015:

Number of homes sold:     37                                       Number of homes sold:      39                                  

Median list price:                $163,950                            Median list price:              $160,000

Median sales price:            $163,950                            Median sales price:          $156,000

Average days on market:    59                                      Average days on market:    41

 

About the same number of homes sold year to date; median list and sales price are stronger--sellers are getting at or close to list price for the well maintained, clean and updated homes.  Investors continue to snap up lower priced homes to flip.

 

Currently there are 16 active single family home listings in Waldo, with a median list price of $137,750 and 34 days on market.

 

(All information 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!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Mary Hutchison, SRES, ABR Thanks for taking the time to share this report.  This is very valuable information for all.  It is very professional of you to share this.

Mar 29, 2016 12:29 AM #1
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, great market update for Waldo, and sure looks like 2016 is up from 2015 both in sales price and decrease in days on market.

Apr 02, 2016 06:47 AM #2
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Mary Hutchison, SRES, ABR

Experienced Agent in Kansas City Metro area
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