What is driving up Waldo home sale prices? Not enough inventory, lots of buyers and bidding wars. Once again, sales prices beat the listing price for last month’s stats. Here is the single family home sales report for September 2017, with comparisons to last year; and I’m using the street boundaries of Gregory to 85th St and Holmes to State Line:
September 2017
Median List Price: $175,000
Median Sales Price: $187,000
No. of Homes Sold: 29
Days on Market: 10
September 2016
Median List Price: $164,450
Median Sales Price: $161,000
No. of Homes Sold: 38
Days on Market: 30
The lowest closed price in Waldo last month was $37,500 and the highest was $317,500. Nine of the 29 homes closed at or above list price. One house, listed at $119,000 sold for $139,000–that’s $20K over asking price!
Checking year-to-date figures:
January-September 2017
Median List Price: $177,000
Median Sales Price: $175,000
No. of Homes Sold: 303
Days on Market: 14
January – September 2016
Median List Price: $165,000
Median Sales Price: $164,000
No. of Homes Sold: 321
Days on Market: 23
Median sales prices are up in Waldo 7.9% compared to last year, and homes are selling faster. Currently there are 28 active single family homes on the market in Waldo, with a median list price of $187,500.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Proprietor Mindy Diaz told me there were two reasons she chose this spot: many of her customers wanted a ‘south’ location, and her best friend is Pam DiCappo, who owns Lauren Alexander next door. She felt her lines of clothing and accessories would complement the other shops in the area. This is a store you will love browsing in–everything is so beautifully displayed! Jackets, pants, tops, purses, boots, hats and jewelry catch your eye at every turn. Her most popular lines include Tart Collections, Sanctuary and Chaser Brand for clothing; she also has jewelry from Simon Sebbag, Kendra Scott and Tat2. You’ll also find some fun gift and decor items here: pillows, party accessories, greeting cards, wall hangings, etc. And of course, personal, friendly service is always present.
Mindy’s background is in interior design. She worked for her Dad in a building supplies business for many years; then took some time off to raise her son. She got the itch to go back to work and opened a home furnishings store in Parkville. Then she switched to selling clothes when opening the Briarcliff store. She loves having a store in Brookside because of the “amazing neighbors who support locally owned businesses”.
Inside Brookside (And Waldo) 