Waldo Home Sales Report-April 2018

Waldo home prices keep creeping up…again last month, many of the homes sold over the list price.  The highest sale was $430K–a whopping $30K over the asking price!  Here are the April 2018 sales stats, using the boundaries of Gregory to 85th St and State Line to Holmes:

April 2018                                                            April 2017

Median list price:    $209,975                           Median list price:    $159,000

Median sales price:  $212,500                          Median sales price:  $161,000

No. of homes sold:      44                                  No. of homes sold:      31

Days on market:        30                                    Days on market:          4

Checking year-to-date figures:

Jan-April 2018                                                     Jan-April 2017

Median list price:     $189,950                          Median list price:      $167,400

Median sales price:  $192,000                          Median sales price:    $170,200

No. of homes sold:      119                                No. of homes sold:       118

Days on market:          18                                  Days on market:           30

The number of homes is steady YTD–median sales price is up 12% over same period last year.  Demand is high, inventory low.  It’s a frustrating market for buyers in Waldo.

Currently there are 20 single family homes for sale in Waldo, with a median price of $244,500 and 12 days on market.  The lowest list price is $124,900 and the highest is $450,000.

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

 

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Waldo Home Sales Stats-Jan 2018

Waldo homes did not last long when put up for sale last year–they generally went under contract in less than two weeks and median prices were up 5.6% over 2016. I think demand for Waldo homes will continue to be strong in 2018.  Below is the first report of home sales for this year, using the geographic area of Gregory to 85th St and State Line to Holmes:

 

January 2018                                                                     January 2017

Median list price:     $164,450                                       Median list price:      $159,950

Median sales price:    $160,750                                     Median sales price:  $159,000

No. of homes sold:        18                                              No. of homes sold:       27

Days on market:            24                                              Day on market:            36

The lowest closed sales price last month was $58,500 and the highest was $295,000. 

Currently there are just 12 single family homes for sale in Waldo, with a median list price of $227,500 and ten days on market. The lowest priced home is $70,000 and the highest is $399,900.

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

Waldo Home Sales Report-Nov 2017

Like it’s neighbor Brookside, Waldo homes continue to increase in value as the year comes to a close.  Homes are not staying on the market very long, and sellers are getting very close to asking price.  Here are the November 2017 single family home sales stats for Waldo, using the street boundaries of State Line to Holmes and Gregory to 85th St:

November 2017

Median list price:      $179,900

Median sales price:   $177,000

No. of homes sold:        33

Days on market:            6

The lowest sales price was $61,000 and the highest was $409,900.

November 2016

Median list price:     $175,000

Median sales price:  $172,000

No. of homes sold:      29

Days on market:        15

Here are the year-to-date figures:

Jan-Nov 2017

Median list price:     $179,900

Median sales price:  $180,000

No. of homes sold:      380

Days on  market:        12

Jan-Nov 2016

Median list price:         $164,975

Median sales price:     $165,000

No. of homes sold:          398

Days on market:             23

As you can see from these numbers, Waldo has been a hot neighborhood for buyers the past two years. Prices are up 9% over last year.  Currently there are 22 active listings, with a median list price of $180,000 and 35 days on market.

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

Waldo Home Sales Stats – May 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.   These figures are for Waldo single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

May 2017

Number of homes sold:    42

Median list price:              $189,900

Median sales price:          $192,000

Average days on market:    13

May 2016

Number of homes sold:      48

Median list price:              $168,700

Median sales price:          $168,000

Average days on market:    10

The highest price sale in Waldo last month was $365,500 and the lowest was $84,900. 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-May  2017

Number of homes sold:   165

Median list price:            $175,000

Median sales price:        $177,500

Average days on market:  26

Jan-May 2016

Number of homes sold:    152

Median list price:             $165,500

Median sales price           $164,475

Average days on market:   25

Year to date, Waldo home prices are up 7.9% over last year. Currently there are 14  active single family homes in Waldo, with a median list price of $175,000  and  ten   days on market.

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

 

 

 

 

Waldo Home Sales Report-April 2017

Waldo continues to be a hot spot for homebuyers this year.  As prices keep climbing in the 64113 zip code to the north, those who want to buy on a more modest budget look south to 64114.  Those first two sentences exactly what I wrote for the March 2017 stats report.  It’s a trend!!!  These figures are for Waldo single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

April 2017

Number of homes sold:    43

Median list price:              $165,000

Median sales price:          $170,000

Average days on market:    4

April 2016

Number of homes sold:      29

Median list price:              $169,900

Median sales price:          $169,000

Average days on market:    12

The highest price sale in Waldo last month was $468,500 and the lowest was $54,000. Note the sales price was higher than list price–because 32 of the homes that closed were at or over the asking price.

Here are year-to-date comparisons:

Jan-April  2017

Number of homes sold:   120

Median list price:            $165,000

Median sales price:        $170,200

Average days on market:  31

Jan-April  2016

Number of homes sold:    100

Median list price:             $169,450

Median sales price           $169,450

Average days on market:   40

Prices are up, homes are selling very fast and sellers are getting sticker price.  Waldo is a a very desireable location for homebuyers! Currently in Waldo, there are just 13 active single family homes for sale at a median list price of $142,000 and 14 days on market.

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

 

 

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.)

Waldo Home Sales Stats-Oct 2016

Wonderful Waldo continues to be sizzling hot for home buyers!  Once again, median sales price is over list price for October 2016.   Let’s look at the numbers for this area-  Gregory to 85th St; Holmes to State Line Road:

October 2016

24 homes sold; median list price was $159,925 and median sales price was $163,500 with 17 days on market.  The lowest priced home sale was $93,000 and the highest was $275,000.

Sixteen homes sold at or above list price.

October 2015

31 homes sold; median list price was $144,900 and median sales price was $139,000 with 38 days on market. 

Checking year to date figures:

January – October 2016

333 homes have sold; median list price is $159,900 and median sales price is $160,000 with 22 days on  market.

January – October 2015

309 homes sold;  median list price was $155,000 and median sales price was $152,500 with 34 days on market.

Prices are up year to date 4.9% and homes are selling faster this year! Currently there are 39 homes for sale in Waldo with a median list price of $169,900 and 39 days on  market. Price range is $74,900 to $499,000.

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