Waldo Home Sales Report – Nov 2018

Waldo has such a large range of home pricing…I think that’s one reason it continues to be a popular location for buyers.  Prices are way up compared to last year. Here are the single family home sales stats for Waldo last month, using the boundaries of State Line to Holmes and Gregory to 85th St.

November 2018                                            November 2017

Median list price:      $212,500                   Median list price:     $174,950

Median sales price:   $208,250                  Median sales price:   $176,500

No. of homes sold:       26                            No. of homes sold:      32

Days on market:         38                             Days on market:        6

The lowest closed sale last month was $128,300 and the highest was $385,000.  Now let’s look at YTD comparisons:

Jan-Nov 2018                                                 Jan-Nov 2017

Median list price:     $200,000                    Median list price:     $179,900

Median sales price:    $208,000                  Median sales price:    $180,000

No. of homes sold:        363                         No. of homes sold:       369

Days on market:          19                              Days on market:         12

Home prices are up 15% over last year in Waldo, and as you can see, many houses are selling at or above the list price.  Currently there are 30 active listings, with a median sales price of $217,475 and 53 days on market.  Homes range in price from $64,900 to $375,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Prices Higher in August 2014

Fall is here, home sales are slowing down, and it’s time to look at the August 2014 single family home sales stats for the Waldo neighborhood.  The area I am focusing on for this market report  is State Line east to Holmes, and Gregory south to 85th St.

In August 2014, 22 homes sold with a median sales price of $169,600 and 42 days on market.  The lowest home sale was $49,000 and the highest was $305,000.

In August 2013, 34 homes sold with a median sales price of $151,000 and 46 days on market.  The lowest home sale was $44,150 and the highest was $292,500.

Average sales price is higher  from one year ago and days on market, virtually the same.  The number of units sold is down by 35%.

Here are the year-to-date figures:

From January – August  2014, 224 homes have sold with a median price of $144,000 and 46 days on market.  HIghest sales price so far this year is $430,000; lowest is $23,000.

From January – August 2013, 255 homes sold with a median price of $147,000 and 49 days on market.

The average sales price is now trending a bit lower; the number of homes sold is down 12% year-to-date compared to last year at this time. Nationally, home sales are slower and in the Brookside area (zip 64113) — the trend is pretty  much the same as in the Waldo area.  As the holidays get closer and the weather cools down–sales are slower.  There aren’t as many new listings coming on the market, so buyers have less to choose from.

Currently there are 60 homes for sale in Waldo, with a median list price of $135,000 and 49 days on market.  (All information from Heartland MLS; numbers are deemed reliable but not guaranteed).

Waldo Home Prices Up During Spring Buying Season

 

Good news to report regarding Waldo area home sales–prices are up!  Let’s check the April 2014 single family home sales stats and also compare year-to-date figures to one year ago. The boundaries I’m using for Waldo are: State Line to Holmes and Gregory to 85th St,

In April 2014, 26 homes sold with a median price of $143,000 and 62 days on market.  The lowest home sale was $55,510 and the highest was $428,000.

In April 2013, 30 homes sold with a median price of $120,500 and 119 days on market.

Prices were way up this April and the days on market were much less.

Here are the year-to-date figures:

From January – April 2014, 81 homes have sold with a median price of $136,000 and 86 days on market.  

From January – April 2013, 80 homes sold with a median price of $110,000 and 95 days on market.

So far, Waldo home prices are up 23% from last year, and selling faster…good news for home sellers. Note the $428K sale this year is a rare higher price for a Waldo area home.

Currently there are 69 homes for sale in Waldo, with a median list price of $135,000 and 83 days on market.  (All figures taken from Heartland MLS; deemed reliable but not guaranteed).

Waldo Home Prices Rise in 2013

As promised, this year I will begin reporting home sales stats for the Waldo area in the blog.  The geographical area I’m tracking is: 89th St to the south, Gregory to the north, State Line to the west and Holmes to the east–these are the boundaries defined by the Waldo Business Association.  Prices are up in Waldo for the 2013 year–let’s look at the numbers.

In 2013, 386 single family homes sold.  The median price was $133,000 and 79 days on market.

In 2012, 335 single family homes sold.  The median price was $121,500 and 110 days on market.

Overall, prices rose by 9.46% and days on market dropped by one month!  Currently, there are 83 active homes for sale in Waldo, with a median price of $125,000 and 107 days on market.  The lowest price home is $58,900 and the highest is $289,500.

(All figures taken from Heartland MLS; deemed reliable but not guaranteed.)