As we head towards the end of the year, Waldo home sales have remained very consistent with last year–and prices are up! Let’s look at the stats for Waldo single family home sales for November 2014, along with a comparison to last year: The area I am focusing on is single family home sales between State Line east to Holmes, and Gregory south to 85th St.
In November 2014, 22 homes sold with a median list price of $125,000 and a sales price of $124,950 with 36 days on market. The lowest home sale price was $41,000 and the highest was $235,000.
In November 2013, 21 homes sold with a median list price of $129,000 and a sales price of $125,000 with 58 days on market. The lowest home sale was $32,000 and the highest was $247,500.
Comparing these two months, the numbers are virtually the same. Homes sold almost two weeks faster this year than last. Here are the year-to-date figures:
From January – November 2014, 308 homes have sold with a median price of $143,000 and 48 days on market.
From January – November 2013, 301 homes sold with a median price of $133,800 and 50 days on market.
Average sales prices are up in Waldo, and about the same number of homes are selling. This is great news as the housing market continues to regain some of the value lost during the housing crash. Currently there are 42 single family homes for sale in this Waldo area, with a median list price of $144,900 and 76 days on market. Next month I will compare December figures and the important year end report. Happy Holidays to everyone!
(All information from Heartland MLS; numbers are deemed reliable but not guaranteed).