Wonderful Waldo gets it’s nickname not only from the many eclectic, locally owned shops and eateries–also for it’s wide variety of housing stock!  Last month the lowest closed price was $65,000 and the highest was $403,500.  Let’s look at the stats:

September 2019                                         September 2018

Median list price:     $210,000                Median list price:     $195,000

Median sales price:   $207,500               Median sales price:   $196,500

No. of homes sold:       22                         No. of homes sold:   34  

Days on market:         12                           Days on market:       31

Fewer homes sold last month, in a shorter amount of time…less supply usually means  higher prices.  Now for year-to-date numbers:

Jan-Sept 2019                                              Jan-Sept 2018

Median list price:    $225,000                  Median list price:    $199,925

Median sales price:   $220,795               Median sales price:  $200,250

No. of homes sold:    269                          No. of homes sold:       308

Days on market:        9                              Days on market:          19

Houses are selling fast in Waldo (I’m using the boundaries of State Line to Holmes and Gregory to 85th St) and sellers are getting very close to asking price.  YTD, values are up 10% over 2018.   Currently there are 33 active single family homes listed in Waldo, with a median list price of $220,000 and 27 days on market.

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