Waldo Home Sales Report – July 2016

Wonderful Waldo continues to be a sought after location for homebuyers…so many bars and  restaurants to explore, along with personal services, coffee shops, grocery, Trolley Track Trail and convenient bus service.  Here are the July 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

July 2016

Number of homes sold:    41

Median list price:              $165,000

Median sales price:          $164,000

Average days on market:    22

The lowest sales price was $91,000 and the highest was $340,000.

July 2015

Number of homes sold:      46

Median list price:              $157,000

Median sales price:          $155,750

Average days on market:   43

As you can see from just 22 days on market, new listings are going under contract quickly, and final sales price is very close to list price.

Now let’s compare year-to-date figures:

                                                          2016 / 2015                                                                              

Number of homes sold:                224 / 218                                  

Median list price:                 $165,000 / $160,000                         

Median sales price:             $164,500 / $156,250

Average days on market:              15 / 35

Year to date, more homes have sold in 2016, at higher prices…and homes are selling in half the time as last year. Year to date, prices are up over 5%!

                                  

Currently in Waldo, there are 34 single family homes for sale at a median list price of $114,950.

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

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