Waldo is a hot spot for homebuyers...yes I am repeating myself but it's true. So much demand for homes in this Kansas City neighborhood yet not enough inventory. Here is the home sales report for Waldo, using the boundaries of State Line to Holmes, Gregory to 85th St, for March 2018:
March 2018 March 2017
Median list price: $200,000 Median list price: $175,000
Median sales price: $217,500 Median sales price: $172,700
No. of homes sold: 29 No. of homes sold: 30
Days on market: 3 Days on market: 40
As you can see, there are bidding wars for new properties that are listed. The sales price beat the list price by almost 9%.
Here are year to date stats:
Jan-March 2018 Jan-March 2017
Median list price: $170,000 Median list price: $172,900
Median sales price: $171,500 Median sales price: $170,400
No. of homes sold: 72 No. of homes sold: 89
Days on market: 15 Days on market: 33
Year to date figures reflect homes selling faster than last year, and the median sales price slightly ahead of 2017. I expect demand for Waldo homes to be strong through the next several months.
Currently there are 17 single family homes for sale in Waldo, with a median price of $239,000 and 17 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)