Waldo (Kansas City MO) Home Sales Report-May 2018

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

Double digit increases in home values continue in the Waldo area...when is the market going to slow down in this super hot neighborhood??  Here are the May 2018 single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

 

May 2018                                                            May 2017

Median list price:      $221,750                        Median list price:      $187,450

Median sales price:   $221,000                        Median sales price:   $189,250

No. of homes sold:        36                                No. of homes sold:        44

Days on market:           10                                 Days on market:         12

 

Prices were up 16% over same period last year, and most sellers continue to get more than asking price for their properties.  Here are the year-to-date figures:

 

Jan-May 2018                                                Jan-May 2017                      

Median list price:      $195,000                    Median list price:      $175,000

Median sales price:    $197,000                   Median sales price:    $177,000

No. of homes sold:      147                              No. of homes sold:      157

Days on market:         15                                Days on market:         26

 

Fewer homes are available to buy, so prices are trending upward due to lack of inventory.  Home values are up 11% YTD over last year, with most homes selling for over asking price and in a shorter period of time.  Currently there are 21 single family homes for sale in Waldo, with a median list price of $269,900 and 23 days on market. 

(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!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

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Topic:
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Missouri Jackson County Kansas City Waldo
Groups:
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Tags:
waldo homes for sale
mary hutchison
waldo home sales stats
waldo home sales report may 2018

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Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to prepare and share this market information.  It's most informative.

Jun 28, 2018 06:28 AM #1
Rainmaker
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Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Mary Hutchison, SRES, ABR - "Double digit increases in home values" is a good sign that the economy is getting stronger! 

What a great report. You don't have to be an economist to see clearly that's it's a good omen.

May all your sales be successful and values continue to rise. 

Jun 30, 2018 07:40 AM #2
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Rainmaker
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Mary Hutchison, SRES, ABR

Specializing in Brookside, Waldo, Prairie Village
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