So how is everyone holding up? Grateful that we have a beautiful Spring blooming in our neighborhood! I’m still seeing new listings pop on the market in the Brookside/Waldo area–and selling quickly. As the year goes on, there will probably be a slowdown as many sellers have decided to stay put for now. In the meantime, here are the home sales stats for the Waldo area (State Line to Holmes; Gregory to 85th St) for last month. Keep in mind that these homes went under contract prior to the pandemic.
March 2020 March 2019
Median list price: $229,000 Median list price: $230,950
Median sales price: $233,750 Median sales price: $227,450
No. of homes sold: 32 No. of homes sold: 28
Days on market: 32 Days on market: 14
Sold prices increased over same period last year, and a few more homes sold. The year-to-date numbers show a decrease in prices:
Jan-March 2020 Jan-March 2019
Median list price: $210,000 Median list price: $225,000
Median sales price: $210,750 Median sales price: $219,900
No. of homes sold: 64 No. of homes sold: 61
Days on market: 28 Days on market: 20
Technically, home prices are down about 4% YTD, however sellers getting list
price or a little above. There is still strong demand, and not as many sellers are listing due to COVID 19. Currently there are just 11 homes for sale in Waldo, with a median list price of $212,500 and 44 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)