Waldo had a large jump in the median sales price last month compared to September 2023; likely because more of the higher priced houses in Waldo closed. Let's take a look at the details; I'm using single family home sales in the area of State Line to Holmes and Gregory to 85th St for these stats:
| September 2024 | September 2023 | |
|---|---|---|
| Median list price: | $324,950 | $228,500 |
| Median sales price: | $310,000 | $234,000 |
| Days on market: | 3 | 8 |
| No. of homes sold: | 27 | 18 |
The median sales price last month jumped 32% over last year; of the 27 homes that closed, six of them were over $400K--a higher price point for Waldo. The lowest closed price was $180,000 and the highest was $620,000. Below are the year-to-date numbers:
| Jan-Sept 2024 | Jan-Sept 2023 | |
|---|---|---|
| Median list price: | $299,450 | $289,900 |
| Median sales price: | $310,000 | $290,000 |
| Days on market: | 3 | 3 |
| No. of homes sold: | 228 | 231 |
The number of homes changing owners have remained steady; home values are up almost 7% this year and buyers are still paying over list price for many homes. Currently there are 25 single family homes listed in Waldo, with a median list price of $275,000 and 24 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
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