Waldo Home Sales Report-Nov 2019

Just a few years ago, the average price for a three bedroom starter home in Waldo was under $200K–no longer!  Home prices here continue to increase due to demand and lack of updated, move in ready inventory.  Let’s check the November 2019 home sales stats, using the Waldo street borders of State Line to Holmes; Gregory to 85th St:

November 2019                                                November 2018

Median list price:     $225,000                        Median list price:    $215,000

Median sales price:  $221,250                        Median sales price:  $210,000

No. of homes sold:    26                                   No. of homes sold:      27

Days on market:       13                                    Days on market:          38

The number of homes sold is consistent with last November, and prices have risen some.  Homes sold quicker last month.  Now for year-to-date numbers:

Jan-Nov 2019                                                       Jan-Nov 2018

Median list price:    $224,950                           Median list price:    $200,000

Median sales price:   $220,000                         Median sales price:   $205,000

No. of homes sold:       318                               No. of homes sold:     358

Days on market:          9                                      Days on market:       19

So far this year, prices are up 5%.  Will see what the 2018/2019 comparisons are next month.  Currently there are 23 active single family listings in Waldo, with a median price of $200,000 and 45 days on market.  List prices range from $75,000 to $525,000.

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

 

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