It seems like there is no shortage of homebuyers for Waldo as prices keep rising and buyers are paying over sticker price. Let’s take a look at last month’s sales, using Waldo boundaries of State Line to Holmes; Gregory to 85th St:
| August 2023 | august 2022 | |
|---|---|---|
| Median list price: | $344,500 | $259,900 |
| Median sales price: | $370,000 | $270,000 |
| Days on market: | 3 | 3 |
| No. of homes sold: | 28 | 31 |
Look at the difference in the sales price compared to last year: up 37%!!! Buyers are paying over 7% of asking price and homes going under contract within a couple of days. The lowest closed price last month was $66,000 and highest was $537,500. Here are the year-to-date numbers:
| jan-aug 2023 | jan-aug 2022 | |
|---|---|---|
| Median list price: | $295,000 | $259,000 |
| Media sales price: | $297,450 | $278,000 |
| Days on market: | 3 | 3 |
| No. of homes sold: | 192 | 215 |
So far this year, the number of sold homes is down just under 12% compared to last year. Home values are up 6.9%. Currently there are 12 single family homes listed in Waldo, with a median price of $312,500 and 12 days on the market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)
Inside Brookside (And Waldo) 