The home buying season is winding down now as we head into the cooler weather. However, Waldo homes have continued to sell well, and quickly, through the month of August. Here are the single family home sales stats for Waldo, using the boundaries of State Line to Holmes, and Gregory to 85th:
In August 2015, 23 homes sold with a median list price of $124,950 and a median sales price of $125,000 and 29 days on market. The lowest closed sales price was $45,000 and the highest was $255,000.
In August 2014, 21 homes sold with a median list price of $175,000 and a median sales price of $169,900 with 42 days on market.
As you can see, the sales price was a smidge higher than the list price–that could mean a few homes sold for over asking price, or closing costs were added to the list price. The reason the median price this year was so much lower than last year was in August 2014: there were three sales in this geographic area over $200K, including one at $310K. Most Waldo homes sell for under $200K, although the highest sale so far this year was $255,000.
Checking year to date figures:
From January through August 2015, 239 homes have sold with a median sales price of $154,500 and 34 days on market.
From January through August 2014, 204 homes had sold with a median sales price of $141,800 and 48 days on market.
Waldo home prices are up overall since last year, and on the market for fewer days. Demand for updated, well priced homes in Waldo is strong! Currently there are 29 homes for sale, with a median list price of $127,500 and 72 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed)