Waldo Home Sales Stats – Feb 2016

Wonderful Waldo!  A popular area for homebuyers…and prices are on the upswing early in the year.  Here are the sales stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

February 2016:

Number of homes sold:   16

Median list price:              $171,450

Median sales price:          $165,750

Average days on market:  34

The lowest sales price was $66,100 and the highest was $340,000 (which was $10,050 over the asking price!)

February 2015:

Number of homes sold:   24

Median list price:              $154,500

Median sales price:          $148,500

Average days on market:   40

Fewer homes sold this year….due to a lack of good inventory, because demand is very strong. Notice how prices are higher than last year.

Checking year to date figures:

2016:                                                                                     2015:

Number of homes sold:     37                                       Number of homes sold:      39                                  

Median list price:                $163,950                            Median list price:              $160,000

Median sales price:            $163,950                            Median sales price:          $156,000

Average days on market:    59                                      Average days on market:    41

About the same number of homes sold year to date; median list and sales price are stronger–sellers are getting at or close to list price for the well maintained, clean and updated homes.  Investors continue to snap up lower priced homes to flip.

Currently there are 16 active single family homes for sale in Waldo, with a median list price of $137,750.

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

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