Waldo is experiencing double digit increases in home vales compared to last year–how long will this continue?? Certainly buyers cannot “wait for a deal” ; that’s a phrase I hear often as an agent! The best time to buy is when you are financially ready! Here are the stats for single family home sales in Waldo, using the boundaries of State Line to Holmes; Gregory to 85th St:
| june 2023 | june 2022 | |
|---|---|---|
| Median list price: | $329,000 | $240,000 |
| Median sales price: | $340,000 | $245,000 |
| Days on market: | 3 | 2 |
| No. of homes sold: | 37 | 28 |
Yes it’s the same story…most buyers paying over the asking price and homes going under contract within 48 hours. The median price for June 2023 was 33% over June 2022!! Lowest closed price last month was $140K and the highest was $457K. Here are the year-to-date numbers:
| Jan-june 2023 | jan-june 2022 | |
|---|---|---|
| Median list price: | $299,000 | $249,900 |
| Median sales price: | $300,000 | $269,500 |
| Days on market: | 4 | 3 |
| No. of homes sold: | 141 | 143 |
We are consistent in the number of homes closing YTD; values up 11% so far this year. It seems buyers have adjusted to the higher interest rates as there is still so much demand.
Currently there are 12 homes for sale in Waldo; two of these are new construction. The median sales price is $300,000 and 10 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 