Waldo Home Sales Stats-Feb 2019

Spring is officially here and I think we are in for another strong homebuying season!  The first couple of months this year have been slow, probably due to the heavy snow and frigid cold weather of January and February.  Now it’s such a pleasure to hear birds chirping in the morning!  Here are the single family home sales stats for Waldo:

Feb 2019                                                                      Feb 2018

Median list price:       $230,000                               Median list price:    $149,950

Median sales price:    $231,500                               Median sales price:    $160,000

No. of homes sold:       10                                       No. of homes sold:      27

Days on market:           41                                        Days on market:          24

You’ll notice the huge jump in median sales price however–the majority of the homes that closed last month were over $200k, and three were over $300K–high for the Waldo area.  Fewer homes sold as well.

Here are year-to-date figures:

Jan-Feb 2019                                                         Jan-Feb 2018

Median list price:      $219,900                         Median list price:     $162,500

Median sales price:   $215,000                         Median sales price:  $163,000

No. of homes sold:      31                                  No. of homes sold:      45

Days on market:         21                                   Days on market:        23

Compared to 2018, prices are up 31% in Waldo but I do think that’s a bit of a fluke–as the months go on, there won’t be that much of a consistent increase.  Currently there are 17 active single family homes on the market in Waldo, with a median list price of $285,000 and 27 days on market.

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

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