Waldo Home Sales Report – July 2017

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.  I’ve said that just about every month this year!

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 home buyers.  Currently there are 17 homes for sale, with a median list price of $179,997 and 31 days on market.

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

 

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