Waldo Home Sales Report- June 2016

Waldo continues to be a hot location for homebuyers!  When new listings pop on, they can be under contract within a few days.  This continues to be a strong year for home buying.    Here are the June 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

June 2016:

Number of homes sold:    38

Median list price:              $179,400

Median sales price:          $174,000

Average days on market:    5

The lowest sales price was $65,500 and the highest was $348,500. Note the days on market–on average, new listings were under contract within five days of being listed for sale!

June 2015:

Number of homes sold:    47

Median list price:              $169,000

Median sales price:          $167,000

Average days on market:   34

Prices continue to rise, and the updated, well maintained homes are snatched up very shortly after going up for sale.

                                                           2016 / 2015:                                                                                     

Number of homes sold:                180 / 168                                  

Median list price:                 $166,750 / $160,000                         

Median sales price:             $167,250 / $157,250

Average days on market:              22 / 34

Year to date, more homes have sold in 2016, and at higher prices.  Traditionally, home sales slow down in the second half of the year…we will see if that happens this year.                               

Currently in Waldo, there are 36 single family homes for sale at a median list price of $136,200 and 20 days on market.

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

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