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 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 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 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.)

Waldo Aug 2016 Home Sales Stats

Waldo continues to attract homebuyers this year..sales are strong, desireable inventory is low.  Here are the August 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

August  2016:

Number of homes sold:    47

Median list price:              $150,000

Median sales price:          $158,000

Average days on market:    35

You are reading that correctly–the final sales price was higher than the list price! Last month, half of the homes sold at or above asking price.  The lowest closed price was $56,001; the highest was $338,687.

August 2015:

Number of homes sold:      24

Median list price:              $125,000

Median sales price:          $126,000

Average days on market:    30

That’s a large jump in median sales price compared to August of last year.  Looking at the year to date figures below, you’ll see an increase in price as well as number of units sold:

                                                             2016 / 2015:                                                                                     

Number of homes sold:                270 / 244                                  

Median list price:                 $159,900 / $155,000                         

Median sales price:             $160,000 / $154,200

Average days on market:              22 / 35

                                  

Currently in Waldo, there are 33 single family homes for sale at a median list price of $149,000 and 35 days on market.

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

Waldo Home Sales Report – July 2016

Wonderful Waldo continues to be a sought after location for homebuyers…so many bars and  restaurants to explore, along with personal services, coffee shops, grocery, Trolley Track Trail and convenient bus service.  Here are the July 2016 stats for single family home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th:

July 2016

Number of homes sold:    41

Median list price:              $165,000

Median sales price:          $164,000

Average days on market:    22

The lowest sales price was $91,000 and the highest was $340,000.

July 2015

Number of homes sold:      46

Median list price:              $157,000

Median sales price:          $155,750

Average days on market:   43

As you can see from just 22 days on market, new listings are going under contract quickly, and final sales price is very close to list price.

Now let’s compare year-to-date figures:

                                                          2016 / 2015                                                                              

Number of homes sold:                224 / 218                                  

Median list price:                 $165,000 / $160,000                         

Median sales price:             $164,500 / $156,250

Average days on market:              15 / 35

Year to date, more homes have sold in 2016, at higher prices…and homes are selling in half the time as last year. Year to date, prices are up over 5%!

                                  

Currently in Waldo, there are 34 single family homes for sale at a median list price of $114,950.

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

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.)