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.)