Waldo 2016 Home Sales Recap

Another year gone…another uptick in Waldo home sales!  First we will look at numbers for Dec 2016; then move on to a 2016 wrap up with comparisons to 2015. The figures are for single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

December  2016

Number of homes sold:    17

Median list price:              $179,000

Median sales price:          $179,000

Average days on market:    21

December  2015

Number of homes sold:      29

Median list price:              $179,950

Median sales price:          $179,950

Average days on market:    33

Fewer homes sold last month compared to Dec 2015, but I think that was due to lack of inventory as demand was strong.  Notice how most sellers are getting asking price for their homes.  

Here are year to year comparisons:

2016

Number of homes sold:    392

Median list price:            $166,750

Median sales price:        $167,250

Average days on market:  21

2015

Number of homes sold:    361

Median list price:             $160,000

Median sales price           $160,000

Average days on market:    34

Median prices rose 4.5% in Waldo compared to 2015; more homes are selling and in a shorter amount of time. Waldo is a hot location for homebuyers!

Currently in Waldo, there are 17 single family homes for sale at a median list price of $165,000 and 58 days on market.  Lowest listing is priced at $106,900; highest is $479,999.

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

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