Wonderful Waldo! Overall, home prices were up in 2014. Waldo has always been a popular place to live, and I think even more so last year as we’ve had so many locally owned new businesses move into the neighborhood. Let’s look at single family home sales for Waldo, comparing 2013 to 2014; we’ll start with stats for December. The boundaries I’m using are State Line east to Holmes, and Gregory south to 85th St.
In December 2014, 23 homes sold with a median sales price of $170,000 and 30 days on market.
In December 2013, 28 homes sold with a median sales price of $148,000 and 39 days on market.
Comparing these two months, prices were way up in December 2014 compared to the previous year. Now we will compare 2014 to 2014 single family home sales:
In 2014, 330 homes sold with a median price of $144,000 and 46 days on market. The lowest home sales price was $23,000 and the highest was $430,000.
In 2013, 332 homes sold with a median price of $139,500 and 50 days on market. The lowest home sales price was $15,000 and the highest was $372,000.
So, average sales prices in Waldo rose 2.89% in 2014, with about the same number of homes selling in six weeks’ time. With the wide range of home prices in Waldo, it continues to be a popular spot for homebuyers.
Currently there are 36 active single family listings Waldo area, with a median list price of $136,000 and 78 days on market.
(All information from Heartland MLS; numbers are deemed reliable but not guaranteed).