Just two years ago, the median price of a Waldo home was 16% lower than it is today.  Home owners are gaining so much equity in this popular area in a relatively short amount of time.  Let’s examine the stats:  here are the single family home sales for Waldo (State Line-Holmes; Gregory to 85th St) for June 2017 and a comparison to last year.

June 2017

Median list price:      $177,000

Median sales price:   $184,500

Days on market:            3

No. of homes sold:       46

The lowest closed price was $97,000 and the highest was $345,000.

June 2016

Median list price:         $183,900

Median sales price:      $178,000

Days on market:               7

No. of homes sold:          37

This year, homes continue to sell over list price and in a very short amount of time.  Checking year to date figures:

Jan-June 2017

Median list price:       $175,000

Median sales price:    $177,500

Days on market:             22

No. of homes sold:         209

Jan-June 2016

Median list price:        $167,888

Median sales price:     $168,500

Days on market:              22

No. of homes sold:          179

Many sellers continue to get offers over the list price as buyers make multiple offers.  Waldo is a super hot market right now for homebuyers!  Currently there are 22 active homes for sale, with a median list price of $234,700 and 19 days on market.

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