Waldo Home Sales Report-Jan 2017

Last year was a strong year for home sales in Waldo.  Prices were up 4.5% over 2015, more homes sold and in a shorter amount of time.  This year is off to a good start as well. Here are the single family home sales for Waldo; the geographical area I am tracking is State Line to Holmes; Gregory to 85th St.

January 2017

Number of homes sold:       25

Median list price:                  $159,950

Median sales price:              $159,900

Average days on market:          36

The lowest sales price was $73,000 and the highest was $311,000.

January 2016

Number of homes sold:       21

Median list price:                 $163,950

Median sales price:              $163,950

Average days on market:       62

Although median price was lower last month as compared to a year ago, notice how  sellers are virtually getting the list price and homes are selling twice as fast so far this year.

Currently there are 18 single family homes for sale in Waldo with a median price of $157,400 and 27 days on market. The lowest list price is $96,000 and the highest is $339,500.

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

Waldo Home Sales Report-Nov 2016

Homebuyers continue to seek out Waldo as a place to put down roots!  Sales continue to outpace last year and prices –rising.  Here are the November 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

November 2016

Number of homes sold:    29

Median list price:              $175,000

Median sales price:          $172,000

Average days on market:    15

The lowest sales price last month was $86,000 and the highest was $345,000.  

November  2015

Number of homes sold:      14

Median list price:              $157,475

Median sales price:          $162,500

Average days on market:    24

Twice as many homes sold this November compared to 2015; median sales price jumped up as well. Also, houses are going under contract faster.

Now let’s compare year-to-date:

Jan-Nov 2016

Number of homes sold:    373

Median list price:            $167,500

Median sales price:        $167,500

Average days on market:  22

Jan-Nov 2015

Number of homes sold:    335

Median list price:             $160,000

Median sales price          $162,000

Average days on market:    34

So far this year, 11% more homes have sold and prices are up 3.39%.                           

Currently in Waldo, there are 34 single family homes for sale at a median list price of $165,000 and 52 days on market.

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

Waldo Home Sales Report-Sept 2016

Waldo continues to attract homebuyers this year..sales are strong, and sellers are getting very close to asking price for their homes. Wonderful Waldo is HOT for homebuyers!!!  Here are the September 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

September 2016:

Number of homes sold:    34

Median list price:              $177,000

Median sales price:          $173,750

Average days on market:    31

The lowest sales price last month was $82,000 and the highest was $293,000.  Final sales price was just under 2% of list price.

September  2015:

Number of homes sold:      34

Median list price:              $130,000

Median sales price:          $129,500

Average days on market:    23

Comparing Sept 2016 to Sept 2015 finds a jump in the median sales price–however, this year more of the higher priced homes sold, raising that median price. Notice how fast homes are going under contract–within 30 days of listing.

                                                      2016 / 2015:                                                                                     

Number of homes sold:           310 / 281                                

Median list price:                 $167,694 / $160,000                         

Median sales price:             $167,500 / $156,500

Average days on market:              23 / 34

The trend for 2016 is higher prices, homes selling at or near list price  and homes selling faster.  Good news for Waldo home sellers–and buyers, because they can feel confident they are buying in a desireable area.                                  

Currently in Waldo, there are 33 single family homes for sale at a median list price of $158,000 and 51 days on market.

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

Waldo Home Sales – Jan 2016 Report

Waldo home sales are off to a strong start in 2016!  Usually this is a slower time of year for the market.  Let’s check the numbers…single family home sales in the Waldo area between State Line to Holmes and Gregory to 85th St:

In January 2016, 21 homes sold. The median list AND sale price was $163,950.  Average days on market:  62.

Not much bargaining between buyer and seller–buyers are paying at or close to list price. The lowest sales price was $37,000 and the highest was $320,000.

In January 2015, 14 homes sold. The median list price was $162,900 and the median sales price was $158,500. Average days on market: 46.  

More homes sold this January than last; and median sales price jumped up!

Can’t check year to date figures yet…will do that next month.

Currently, there are 19 active listings in Waldo, with a median list price of  of $127,500 and 93 days on market.  If I can help you buy or sell a home in Waldo–contact me for more information!

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

The home buying season is winding down now as we head into the cooler weather. However, Waldo homes have continued to sell well, and quickly, through the month of August.  Here are the single family home sales stats for Waldo, using the boundaries of  State Line to Holmes, and Gregory to 85th:

In August  2015, 23 homes sold with a median list price of $124,950 and a median sales price of $125,000 and 29 days on market.  The lowest closed sales price was $45,000 and the highest was $255,000.

In  August  2014, 21 homes sold with a median list price of $175,000 and a median sales price of $169,900 with 42 days on  market.  

As you can see, the sales price was a smidge higher than the list price–that could mean a few homes sold for over asking price, or closing costs were added to the list price.  The reason the median price this year was so much lower than last year was in August 2014: there were three sales in this geographic area over $200K, including one at $310K.  Most Waldo homes sell for under $200K, although the highest sale so far this year was $255,000.

Checking year to date figures:

From January through August 2015, 239 homes have sold with a median sales price of $154,500 and 34 days on market.

From January through August 2014, 204 homes had sold with a median sales price of $141,800 and 48 days on market.

Waldo home prices are up overall since last year, and on the market for fewer days.  Demand for updated, well priced homes in Waldo is strong! Currently there are 29 homes for sale, with a median list price of $127,500 and 72 days on market.

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

Waldo Home Prices Rise – Jan 2015

 

 

Although the cold winter weather that won’t seem to leave… house hunters are out,  snatching up homes in the Waldo area.  In 2014, Waldo home prices rose 2.89%–to a median sales price of $144,000 with 46 days on market, and 330 homes changed ownership.  Let’s look at the January 2015 home sales stats for Waldo–I am using the street boundaries of State Line east  to Holmes, and Gregory south to 85th St:

In January 2015, 15 homes sold with a median list price of $147,500 and a median sales price of $151,000 with 46 days on market.  

In January 2014, 15 homes sold with a median list price of $132,500 and a median sales price of $129,500 with 87 days on  market.  

Why was the sales price higher than the list price ?   A few reasons:  there could have been multiple offers on the property; the buyer may have financed some closing costs into the loan by adding to the list price; or some other type of  negotiation regarding repairs following inspections.  The takeaway here is that buyers are willing to pay the initial list price–or very close to it–for the best homes that come on the market. Comparing the numbers, home values up 11% over last year.

Overall, Waldo homes sales are off to a strong start in 2015!  Currently there are 29 single family homes for sale in Waldo (the boundaries I described above) with a median list price of $144,900 and 41 days on market.

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

Waldo Home Values Rise in 2014

Wonderful Waldo!  Overall, home prices rose in this area last year.   Waldo has always been a popular place to live, and I think even more so lately as we’ve had so many locally owned  new businesses move into Waldo.  Let’s look at single family home sales for Waldo, comparing 2013 to 2014; and we’ll start with stats for December.  The boundaries I’m using are State Line east to Holmes, and Gregory south to 85th St.

In December  2014, 23 homes sold with a median sales price of $170,000 and 30 days on market.  

In December 2013, 28 homes sold with a median sales price of $148,000 and 39 days on market.  

Comparing these two months, prices were way up in December 2014 compared to the previous year.  Now we will compare 2014 to 2014 single family home sales:

In 2014, 330 homes have sold with a median price of $144,000 and 46 days on market.  The lowest home sales price was $23,000 and the highest was $430,000.

In 2013, 332 homes sold with a median price of $139,500 and 50 days on market. The lowest home sales price was $15,000 and the highest was $372,000.

So, average sales prices in Waldo rose 2.89% in 2014, with about the same number of homes selling in six weeks’ time.  Waldo homeowners continue to gain equity lost during the recession, and there is a wide range of prices for homebuyers interested in this area.

Currently there are 36 active  single family listings  Waldo area, with a median list price of $136,000 and 78 days on market.

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