Waldo (KCMO) Home Sales Report - June 2018

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

Halfway through 2018 and Waldo home values are as sizzling hot as the outdoor temperatures!  Closed sales prices are regularly above asking price.  Let's look at the numbers, using the Waldo street boundaries of State Line to Holmes and Gregory to 85th St:

 

June 2018                                                June 2017

Median list price:     $200,000             Median list price:    $185,000

Median sales price:  $219,000             Median sales price:  $194,000

No. of homes sold:    31                         No. of homes sold:    45

Days on market:       35                          Days on market:      3

 

The main reason the days on market last month were so much longer was due to one house that sat for sale for over six months.  Most Waldo area homes sell in under seven days.   The lowest sales price in June 2018 was $35,500 and the highest was $405,920.  Below are year-to-date comparisons:

 

Jan-June 2018                                            Jan-June 2017

Median list price:      $197,000              Median list price:    $175,000                       

Median sales price:   $199,500              Median sales price:  $177,500

No. of homes sold:       180                     No. of homes sold:    205

Days on market:          15                        Days on market:     18

 

Fewer homes have sold this year due to a lack of inventory, and that's pushing prices up--over 12% increase over last year.  Currently there are 29 single family homes for sale in Waldo, with a median price of $249,000 and 23 days on market.  The lowest iist price is $134,900 and the highest is $485,000.

(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!)

**********

Better Homes and Gardens Real Estate/Kansas City Homes

mary.hutchison@kansascityhomes.com

816 510 1262

www.maryhutchison.org

 

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Missouri Jackson County Kansas City Waldo
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waldo home sales report june 2018

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Rainmaker
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Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, good overview for Waldo, and love to see the increases in home values! 

Jul 23, 2018 02:59 PM #1
Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Mary.  Thanks for keeping us informed about the real estate market in Waldo.

Jul 24, 2018 06:27 AM #2
Rainmaker
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Mary looks like inventory is tight everywhere in the US.... and the ramifications are similar indeed, Endre

Jul 31, 2018 08:39 PM #3
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Rainmaker
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Mary Hutchison, SRES, ABR

Experience Agent in Kansas City Metro area
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