Ah yes, I’m a few days late posting this information but still relevant! Waldo has been one of the hottest neighborhoods for buyers these past few years and 2020 was no exception! The stats below reflect the Waldo area in the boundaries of State Line to Holmes and Gregory to 85th St. First, we’ll look at the December numbers:
| December 2020 | December 2019 |
| Median list price: $210,000 | $220,000 |
| Median sales price: $217,000 | $214,000 |
| No. of homes sold: 31 | 31 |
| Days on market: 2 | 19 |
The median sales price crept up a bit over last year, the same number of homes closed, the big difference is in days on market: most homes went under contract within 2 days of listing. The lowest sales price in December 2020 was $125K and the highest was $405K.
Now let’s look at a five year comparison:
| 2020 | 2019 | 2018 | 2017 | 2016 |
| $219,000 | $220,000 | $199,900 | $175,000 | $163,500 |
| $226,000 | $215,250 | $200,000 | $176,000 | $163,950 |
| 375 | 358 | 381 | 400 | 387 |
| 4 | 10 | 19 | 12 | 21 |
Wonderful Waldo is hot!!!! Home values up just under 5% in one year, and 37.8% since 2016. Real estate…can be an excellent investment! I wish there was more inventory to meet the demand because multiple offers are still quite common, pushing prices way up. Currently there are just two single family homes for sale in Waldo, with a median price of $203,700 and 31 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 