Waldo Home Sales Report-June 2020

Demand for single family homes in the Waldo area is not slowing down…even with a pandemic going on! Prices keep rising; buyers often pay over list price for homes. Here are the stats for June, using the closed sales in the street boundaries of State Line to Holmes and Gregory to 85th St:

June 2020June 2019
Median list price: $230,000$217,500
Median sales price: $244,000$215,000
No. of homes sold: 4340
Days on market: 27

Buyers are paying over list price; an average of 6% ! And as you can see, most homes are going under contract within 48 hours of hitting the market. WOW. Let’s see what the year-to-date trend is:

Jan-June 2020Jan-June 2019
Median list price: $222,500$222,500
Median sales price: $228,200$219,500
No. of homes sold: 167176
Days on market: 510

YTD, Waldo home prices are up about 4% compared to 2019, and are going under contract quickly. Currently there are 21 active single family homes listed, with a median price of $325,000 and ten days on market. Prices range from $195,000 to $555,000.

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

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