Waldo (Kansas City MO) Home Sales Report-June 2020

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

Demand for single family homes in the Waldo area is not slowing down...even with a pandemic going on! Prices keep rising; buyers often pay over list price for homes. Here are the stats for June, using the closed sales in the street boundaries of State Line to Holmes and Gregory to 85th St:

 

 

June 2020 June 2019
Median list price: $230,000 $217,500
Median sales price: $244,000 $215,000
No. of homes sold: 43 40
Days on market: 2 7

 

 

Buyers are paying over list price; an average of 6% ! And as you can see, most homes are going under contract within 48 hours of hitting the market. WOW. Let's see what the year-to-date trend is:

 

 

Jan-June 2020 Jan-June 2019
Median list price: $222,500 $222,500
Median sales price: $228,200 $219,500
No. of homes sold: 167 176
Days on market: 5 10

 

 

YTD, Waldo home prices are up about 4% compared to 2019, and are going under contract quickly. Currently there are 21 active single family homes listed, with a median price of $325,000 and ten days on market. Prices range from $195,000 to $555,000.

 

(All stats taken from Heartland MLS; information 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

 

Comments (3)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  I hope you have a great day.

Aug 28, 2020 03:00 AM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Waldo - Kansas City home buyers and sellers are sure to value your real estate market report, Mary!

Aug 28, 2020 06:04 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, love seeing what other markets are doing, and Waldo is certainly enjoying a great market! 

Aug 31, 2020 04:14 PM

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