Waldo Home Prices Continue To Rise in 2015

Wonderful Waldo continues to be a hot location for buyers this year!  There are so many different types of housing here:  everything from charming, spacious two-story homes with welcoming front porches to smaller, two bedroom ranch style homes.  I am reporting on single family home sales stats for the area of State Line to Holmes, and Gregory to 85th:

In June 2015, 50 homes sold with a median list price of $160,000 and a median sales price of $162,300 and 33 days on market.  The lowest closed sales price was $36,500 and the highest was $495,000.

In June 2014, 26 homes sold with a median list price of $139,900 and a median sales price of $140,000 with 46 days on  market.  

The reasons for the higher final sales price compared to the list price could be:  a buyer financed their closing costs into the loan or there were multiple offers on some homes, pushing up the price. The $495K home that closed, on the 7400 block of Summit, was the highest sale so far this year in Waldo.

Checking year to date figures:

From January through June 2015, 176 homes have sold with a median sales price of $158,500.

From January through June  2014, 157 homes had sold with a median sales price of $140,000.

Median sales prices are up for the year, along with fewer days on market in Wonderful Waldo!  Currently there are 54 active listings in Waldo, with a median list price of $125,000 and  31 days on market. The lowest price house is $54,000; the highest is $315,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed)

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