Checking these Waldo home sales stats, here’s a synopsis: interest rates up, prices up, number of homes sold, down. There is still so much demand despite the higher interest rates that prices keep rising due to lack of inventory. Let’s look at the numbers:
| february 2023 | february 2022 | |
|---|---|---|
| Median list price: | $315,000 | $244,925 |
| Median sales price: | $302,000 | $253,000 |
| No. of homes sold: | 15 | 24 |
| Days on market: | 6 | 3 |
Last month, fewer homes sold than Feb 2022; yet prices are way up-that median sales price rose 19%. The lowest closed price was $137,400 and the highest was $415,000. Now let’s see the year-to-date figures:
| Jan-Feb 2023 | Jan-Feb 2022 | |
|---|---|---|
| Median list price: | $299,950 | $202,500 |
| Median sales price: | $299,450 | $237,000 |
| No. of homes sold: | 28 | 41 |
| Days on market: | 20 | 3 |
So far this year, 31% fewer homes have sold compared to the same time last year, and prices are up 28.7%. Currently there are 12 single family homes for sale in Waldo, with an average price of #332,500 and 7 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 