Home prices are up again in Waldo--a trend that has been consistent this year. There is a lot of demand and not enough inventory in the $150-$200K price range.. These figures are for Waldo single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:
July 2017
Number of homes sold: 34
Median list price: $149,000
Median sales price: $162,000
Average days on market: 11
July 2016
Number of homes sold: 43
Median list price: $165,000
Median sales price: $166,000
Average days on market: 9
The highest price sale in Waldo last month was $320,400 and the lowest was $64,250. Note the sales price was higher than list price--because many of the homes that closed were at or over the asking price.
Here are year-to-date comparisons:
Jan-July 2017
Number of homes sold: 165
Median list price: $175,000
Median sales price: $177,500
Average days on market: 26
Jan-July 2016
Number of homes sold: 152
Median list price: $165,500
Median sales price $164,475
Average days on market: 25
Waldo home prices are up 5.3% year to date--and so many homes are selling over the list price! Waldo is a hot spot for homebuyers. Currently there are 17 homes for sale in Waldo, with a median list price of $179,997 and 31 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
