Waldo home sales last month actually fell from a year ago–the number of units and the median sales price. However year-to-date, prices up! Let’s take a look at the details here; I’m using the boundaries of State Line to Holmes and Gregory to 85th St for the stats, single family homes:
| september 2023 | september 2022 | |
|---|---|---|
| Median list price: | $228,500 | $289,000 |
| Median sales price: | $234,000 | $295,000 |
| Days on market: | 3 | 5 |
| No. of homes sold: | 16 | 29 |
The median sales price dropped 20% from September 2022 and half as many homes closed. Still, buyers are offering over asking price. The lowest sales price was $150,000 and the highest was $430,000. Below are the year-to-date numbers:
| jan-sept 2023 | jan-sept 2022 | |
|---|---|---|
| Median list price: | $285,000 | $264,000 |
| Median sales price: | $290,000 | $278,000 |
| Days on market: | 3 | 3 |
| No. of homes sold: | 201 | 237 |
These numbers show us that home values are up about 4.5% this year, and home sales in Waldo are down 15%–likely due to higher interest rates and fewer homes for sale. Currently there are 18 single family homes for sale in Waldo, with a median list price of $277,500 and 20 days on the market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)