Wonderful Waldo finished the year strong in terms of rising home values…will report on those stats in the latter part of the blog. Prices have been on a steady rise the past few years. First, let’s examine the figures for December 2017 with comparisons to last year. I’m using the boundaries of Gregory to 85th St, State Line to Holmes:
December 2017 December 2016
Median list price: $164,950 Median list price: $179,900
Median sales price: $161,500 Median sales price: $179,000
No. of homes sold: 32 No. of homes sold: 17
Days on market: 37 Days on market: 21
Although the median price dropped compared to 2016, more home sold that were in the lower price range for Waldo. That affects the median sales price.
Here are 2017 the year end stats: Continue reading