It’s time again to report October 2014 home sales stats for Waldo.  People often ask me what the boundaries of Waldo are, and I don’t have a firm answer for them!  For purposes of this market update, the area I focus on is single family home sales between State Line east to Holmes, and Gregory south to 85th St.

In October 2014, 42 homes sold with a median sales price of $140,000 and 49 days on market.  The lowest home sale price was $37,500 and the highest was $247,500.

In October 2013, 19 homes sold with a median sales price of $133,500 and 55 days on market.  The lowest home sale was $42,000 and the highest was $243,000.

You can see a big difference in the number of homes sold–twice as many this year compared to last.  The average sales price was higher as well, and a few less days on market.  Here are the year-to-date figures:

From January – October  2014, 288 homes have sold with a median price of $145,500 and 46 days on market.  

From January – October 2013, 290 homes sold with a median price of $142,000 and 49 days on market.

Overall, Waldo is on pace with last year’s sales figures, with an increase in the average price.  Good news for the neighborhood!

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