Waldo (Kansas City, MO)
By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
Halfway through the year for Waldo home sales and the stats are showing a bit of a slowdown to what we've been experiencing for the past several months: buyers are still paying over the asking price, and newly listed homes going under contract within 48 hours. Yet the number of units sold -- big drop. Here are the details for single family homes in Waldo; I use the street boundaries of Gregory to 85th St and State Line to Holmes:    June 2022 June 2021 Median list price: $240,000 $255,000 Median sales price: $250,000 $270,000 No. of homes sold:    27    49 Days on market:     2     2  There was a 7.4% drop in median sales price compared to June 2021 and fewer homes sold. Part of the reason for this could be the interest rate hikes that started this Spring--that can have an affect on buy...
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By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
With interest rates on the rise, will the hot Waldo housing market slow down? Personally, I don't think so. There may be fewer multiple offers and perhaps price reductions, but there is still so much demand for houses in Waldo, especially priced under $300K. Here are the stats for May, using sales in the street boundaries of State Line to Holmes and Gregory to 85th St, single family properties.   May 2022 May 2021 Median list price: $297,000 $265,000 Median sales price: $318,000 $278,000 No. homes sold: 26 32 Days on market: 2 2 Buyers paid almost 7% over asking price last month with their offers; and compared to a year ago, values are up a whopping 14%! Below are the year-to-date numbers:   Jan-May 2022 Jan-May 2021 Median list price: $250,000 $264,500 Median sales price: $278,000 $264...
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By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
I am a little late in posting these stats...when every day is (almost) the same, my schedule isn't as rigid!  It's the same story in Waldo--lots of demand, not much inventory, buyers going over asking price to secure properties.  Here are the numbers: July 2020                                                                                              July 2019Median list price:      $199,950                                                         $234,000Median sales price:    $214,000                                                        $241,000No. of homes sold:         46                                                                      37Days on market:              2                                                                        3 Although the sales price is lower th...
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By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
There are already so many local small business owners in Waldo that I feature on this blog…and here’s another one:  Soap Refill Station, at 7441 Broadway, a few steps south of Waldo Pizza.  Soap Refill Station just opened late last month. The concept for this business is simple and timely:  bring your own container to the shop and refill with one of their natural soaps and cleaners.  The motto is “If you clean it, we have something eco-friendly to clean it with”.  Anne Dezort, who owns the shop with her boyfriend Adam McKay, explained that many other countries have a similar type of business, and they regularly used one while living in California.  Anne and Adam opened the first Soap Refill Station in Springfield, MO and it became very popular—people from Kansas City would drive to Spri...
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By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
It's a new year and the buyers are out, searching for homes to purchase!  Inventory across the city was at a record low last month--less than two months' supply!  I expect Waldo will be another hot spot for buyers in 2020.   Below  are the stats for January 2020, and a comparison to last year. I'm using the Waldo boundaries of State Line to Holmes and Gregory to 85th Street.  Year-to-date comparisons will resume next month. January 2020                                                             January 2019Median list price:     $205,000                                  $219,900Median sales price:     $197,500                              $206,100No. of homes sold:        17                                             21Days on market:           35                                      ...
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By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
Hello neighbors!  Waldo home sales have been on a steep incline this year...October figures show a decline in value compared to last year!  But it's a fluke--overall, numbers are up year to date.  Here are the details, using the Waldo street boundaries of State Line to Holmes, Gregory to 85th St: October 2019                                                     October 2018Median list price:     $179,900                        Median list price:     $225,000Median sales price:   $176,500                       Median sales price:  $216,750No. of homes sold:     30                                   No. of homes sold:      32Days on market:        15                                    Days on market:        25 The lowest closed price last month was $130,000 and the highest was $427,000.   B...
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By Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area
(Better Homes and Gardens Real Estate-Kansas City Homes)
Slipping in this Waldo home sales report on the last day of September!  In two weeks, it will be time to check this month's stats!  Waldo home prices continue to climb--and homes are selling fast. Here's the info for Aug 2019, using the Waldo street borders of State Line to Holmes and Gregory to 85th: Aug 2019                                                                     Aug 2018Median list price:     $222,400                                 Median list price:    $198,975Median sales price:  $217,750                                 Median sales price:  $198,500No. of homes sold:      36                                           No. of homes sold:     38Days on market:         5                                              Days on market:      25 About the same number of homes sold...
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