As we hit the peak of the home buying season…prices still rising due to lack of inventory. Waldo is HOT as a location for those wanting to quit renting and start earning some equity!
Here are the April 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:
Number of homes sold: 27
Median list price: $169,000
Median sales price: $159,000
Average days on market: 7
The lowest sales price was $112,500 and the highest was $320,000.
Number of homes sold: 23
Median list price: $165,000
Median sales price: $165,000
Average days on market: 10
A few more homes sold this month, and the median sales price is a bit less. Check out the median days on market: how long it takes for a home to go under contract–within a week! Look at the year to date figures to see the rise in value:
2016 / 2015:
Number of homes sold: 95 / 85
Median list price: $157,950 / $147,900
Median sales price: $156,500 / $141,000
Average days on market: 32 / 31
Year to date, Waldo home values have increased 11% over 2015. Median sales price is high, more homes have sold and the average days on market is virtually the same.
Currently there are 18 homes for sale at a median list price of $156,900 and 19 days on market.
(All information taken from Heartland MLS; deemed reliable but not guaranteed.)