Waldo (in Kansas City MO) Home Sales Report-September 2022

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

Interest rates are rising for homebuyers and home prices are still rising..at least in they are in Waldo! Demand continues to be high for this area, which I designate as Gregory to 85th St; State Line to Holmes. Let's take a look at the numbers:

  September 2022 September 2021
Median list price: $289,000 $225,000
Median sales price: $295,000 $237,500
No. homes sold:       29     32
Days on market:       5      7

Most buyers paid at or over the listed sales price by about 2%; prices were up 24% compared to September 2021. The lowest closed price was $133,000 and the highest was $417,000. Here are the year-to-date numbers:

  Jan-Sept 2022 Jan-Sept 2021
Median list price: $263,000 $250,000
Median sales price: $278,000 $263,500
No. homes sold:      237     295
Days on market:       3       2

Although fewer homes have sold this year, by 19% so far, home values are up 5.5% and most buyers pay over asking price.  Currently there are 18 single family homes listed in Waldo, with a median price of $275,000 and 18 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

 

Comments (9)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Oct 25, 2022 04:57 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

In other areas, where inventory is rising and properties are now sitting for a bit before going under contract, this is great news for sellers in Waldo. Thanks for the market report, people looking to buy or sell in your area will appreciate this information, Mary!

Nov 04, 2022 10:09 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

How interesting that Waldo is a bit different from the rest of my market, Endre

Dec 22, 2022 10:08 PM
Marcus Anderson
MortgageBrokerSantaMonica.com - Santa Monica, CA
Mortgage Broker & Agent | Westside Los Angeles, CA

Great post! Wishing you many closings this year!

Jan 04, 2023 09:38 PM
Roy Kelley
Retired - Gaithersburg, MD

I was looking for your current posts.

Best wishes, Mary, for a very productive 2023.

Jan 13, 2023 07:37 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Mary, soon as I saw your face on my home page, I realized you hadn't been on for a while.  Hope all is going well for you.

Apr 11, 2023 01:13 PM
Kieran Jackson
Keller Williams Hollywood Hills - Los Angeles, CA
Realtor®, SFR, U.S. Army Veteran

I really appreciate the layout of your market reports!

Apr 13, 2023 11:38 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Hello Mary Hutchison, SRES, ABR - your marketing reports has a striking resemblance to the Flower Mound, TX market before COVID! Our prices now are off the charts and it is harder to buy with the higher prices and interest rates. 

May 20, 2023 09:52 PM
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

WOW Mary Hutchison, SRES, ABR is the market still that hot? Average days on market only being 3, wow!

Sep 28, 2023 01:34 PM