Waldo home prices continue to climb this year…and houses are selling very fast!  Usually the market slows down after the July 4 holiday–not in Waldo!  Here are the Aug 2017 stats and comparisons to 2016.  The boundaries I’m using are State Line to Holmes; Gregory to 85th St.

August 2017

Median list price:     $175,000

Median sales price:  $178,000

No. of homes sold:       33

Days on market:           8

The highest sale was $326,000 and the lowest closed price was $115,000.  Notice the sales price was higher than the listed price!

August 2016

Median list price:      $150,000

Median sales price:   $146,000

No. of homes sold:       46

Days on market:          34

Comparing Aug 2017 to Aug 2016–a 21% increase in prices!  Here are year to date stats:

Jan-Aug 2017

Median list price:        $175,000

Median sales price:    $176,500

No. of homes sold:       270

Days on market:           15

Jan-Aug 2016

Median list price:       $164,975

Median sales price:    $163,975

No. of homes sold:        268

Days on market:            21

This year, homes are selling faster and for higher prices in Waldo.  Year to date, median sales price is up 7.6%.  Currently there are 23 single family homes for sale in Waldo, with a median list price of $163,900.

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