Waldo Home Sales Report – February 2022

I have some interesting numbers to report today regarding Waldo home sales stats–overall prices are lower compared to a year ago. That’s unusual, and as we are now in the strong spring home buying season, and I don’t think we can expect falling prices as a trend! I am checking single family homes in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

February 2022February 2021
Median list price:$245,000$289,475
Median sales price:$256,000$298,750
No. of homes sold: 25 24
Days on market: 3 18

The lowest closed price last month was $155K; the highest was $467K. Prices were 14% lower than February 2021. Here are the year-to-date stats:

Jan-Feb 2022Jan-Feb 2021
Median list price: $233,750 $265,000
Median sales price: $238,500 $265,000
No. of homes sold: 42 47
Days on market: 3 13

You can see a fewer number of homes sold, and final closed price was lower than last year. However, that final 2022l sales price is still higher than the list price. There continues to be a lack of inventory and homes are going under contract very fast; I don’t see that changing over the next few months. Right now there are just four single family homes for sale in Waldo, with a median price of $251,750.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-Oct 2019

Hello neighbors!  Waldo home sales have been on a steep incline this year…October figures show a decline in value compared to last year!  But it’s a fluke–overall, numbers are up year to date.  Here are the details, using the Waldo street boundaries of State Line to Holmes, Gregory to 85th St:

October 2019                                                     October 2018

Median list price:     $179,900                        Median list price:     $225,000

Median sales price:   $176,500                       Median sales price:  $216,750

No. of homes sold:     30                                   No. of homes sold:      32

Days on market:        15                                    Days on market:        25

The lowest closed price last month was $130,000 and the highest was $427,000.  

Below are the year-to-date numbers:

Jan-Oct 2019                                                      Jan-Oct 2019

Median list price:     $220,000                       Median list price:      $200,000

Median sales price:   $217,000                      Median sales price:   $205,000

No. of homes sold:     299                               No. of homes sold:       345

Days on market:         8                                  Days on market:          19

Waldo home prices are 5.8% higher this year, although fewer homes have sold–probably due to a lack of inventory.  Currently there are 36 active single family homes for sale in Waldo, with a median list price of $219,000 and 19 days on market.  The lowest asking price is $47,000 and the highest is $525,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Stats-Feb 2019

Spring is officially here and I think we are in for another strong homebuying season!  The first couple of months this year have been slow, probably due to the heavy snow and frigid cold weather of January and February.  Now it’s such a pleasure to hear birds chirping in the morning!  Here are the single family home sales stats for Waldo:

Feb 2019                                                                      Feb 2018

Median list price:       $230,000                               Median list price:    $149,950

Median sales price:    $231,500                               Median sales price:    $160,000

No. of homes sold:       10                                       No. of homes sold:      27

Days on market:           41                                        Days on market:          24

You’ll notice the huge jump in median sales price however–the majority of the homes that closed last month were over $200k, and three were over $300K–high for the Waldo area.  Fewer homes sold as well.

Here are year-to-date figures:

Jan-Feb 2019                                                         Jan-Feb 2018

Median list price:      $219,900                         Median list price:     $162,500

Median sales price:   $215,000                         Median sales price:  $163,000

No. of homes sold:      31                                  No. of homes sold:      45

Days on market:         21                                   Days on market:        23

Compared to 2018, prices are up 31% in Waldo but I do think that’s a bit of a fluke–as the months go on, there won’t be that much of a consistent increase.  Currently there are 17 active single family homes on the market in Waldo, with a median list price of $285,000 and 27 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Stats-Jan 2019

Waldo home values shot up last year, and it looks like this trend will continue into 2019.  Here are the single family home sales stats from last month, with a comparison to one year ago. I’m using the street boundaries of State Line to Holmes and 71st St to 85th St.

January 2019                                                                January 2018

Median list price:      $219,900                                 Median list price:     $172,500

Median sales price:   $206,100                                Median sales price:   $164,000

No. of homes sold:       21                                          No. of homes sold:     18

Days on market:          21                                           Days on market:        22

Prices are up 25% compared to January 2018! That’s a bit extreme, even for Waldo.  Demand is strong as first time buyers keep jumping into the market and investors purchase for rentals or flips.  Currently there are 16 single family homes for sale in Waldo, with a median list price of $289,475 and 30 days on market.  The lowest list price is $168,000 and the highest is $359,950.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Stats-Sept 2018

And the Waldo home values keep rising in 2018….so much demand, not enough inventory.  Here are the single family home sales stats for last month, using the boundaries of Gregory, 85th St, State Line and Holmes Road:

Sept 2018                                                                         Sept 2017

Median list price:     $195,000                                   Median list price:      $190,000

Median sales price:    $195,000                                Median sales price:    $202,000

No. of homes sold:       33                                          No. of homes sold:     33

Days on market:          30                                            Days on market:        10

The lowest sales price last month was $97,500 and the highest was $425,500.

Checking year-to-date numbers:

Jan-Sept 2018                                                                  Jan-Sept 2017

Median list price:     $198,000                                    Median list price:    $175,000

Median sales price:   $199,000                                  Median sales price:  $179,900

No. of homes sold:     305                                           No. of homes sold:    309

Days on market:         19                                             Days on market:       12

Number of homes sold and days on market are fairly consistent; prices are up over 10% compared to last year.  Currently there are 39 single family homes for sale in Waldo, with an average list price of $210,000 and 35 days on market.  The lowest list price is $85,000 and the highest is $415,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-Aug 2018

Waldo home values up again..I think I’ve been reporting that every month this year I share the stats!  August was no exception. Here is the single family Waldo home sales report for August 2018, using the boundaries of State Line to Holmes and Gregory to 85th St:

August 2018                                                              August 2017

Median list price:    $198,000                                Median list price:    $176,000

Median sales price:   $192,000                              Median sales price:  $179,000

No. of homes sold:      37                                        No. of homes sold:   34

Days on market:         28                                         Days on market:    9

The lowest sales price last month was $108,500 and the highest was $355,000.

Here are year-to-date stats:

Jan-Aug 2018                                                      Jan-Aug 2017

Median list price:    $199,975                          Median list price:    $175,000

Median sales price:   $202,750                        Median sales price:   $177,500

No. of homes sold:    266                                 No. of homes sold:     272

Days on market:        16                                    Days on market:     14

Prices are up 14% over last year, and many buyers continue to pay over list price.  Houses continue to go under contract within about two weeks of hitting the market. Waldo is a hot neighborhood!

Currently there are 30 active single family listings, with a median list price of $217,000 and 33 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

 

 

Waldo Home Sales Report-April 2018

Waldo home prices keep creeping up…again last month, many of the homes sold over the list price.  The highest sale was $430K–a whopping $30K over the asking price!  Here are the April 2018 sales stats, using the boundaries of Gregory to 85th St and State Line to Holmes:

April 2018                                                            April 2017

Median list price:    $209,975                           Median list price:    $159,000

Median sales price:  $212,500                          Median sales price:  $161,000

No. of homes sold:      44                                  No. of homes sold:      31

Days on market:        30                                    Days on market:          4

Checking year-to-date figures:

Jan-April 2018                                                     Jan-April 2017

Median list price:     $189,950                          Median list price:      $167,400

Median sales price:  $192,000                          Median sales price:    $170,200

No. of homes sold:      119                                No. of homes sold:       118

Days on market:          18                                  Days on market:           30

The number of homes is steady YTD–median sales price is up 12% over same period last year.  Demand is high, inventory low.  It’s a frustrating market for buyers in Waldo.

Currently there are 20 single family homes for sale in Waldo, with a median price of $244,500 and 12 days on market.  The lowest list price is $124,900 and the highest is $450,000.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

 

Waldo Home Sales Stats-Jan 2018

Waldo homes did not last long when put up for sale last year–they generally went under contract in less than two weeks and median prices were up 5.6% over 2016. I think demand for Waldo homes will continue to be strong in 2018.  Below is the first report of home sales for this year, using the geographic area of Gregory to 85th St and State Line to Holmes:

 

January 2018                                                                     January 2017

Median list price:     $164,450                                       Median list price:      $159,950

Median sales price:    $160,750                                     Median sales price:  $159,000

No. of homes sold:        18                                              No. of homes sold:       27

Days on market:            24                                              Day on market:            36

The lowest closed sales price last month was $58,500 and the highest was $295,000. 

Currently there are just 12 single family homes for sale in Waldo, with a median list price of $227,500 and ten days on market. The lowest priced home is $70,000 and the highest is $399,900.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Report-Nov 2017

Like it’s neighbor Brookside, Waldo homes continue to increase in value as the year comes to a close.  Homes are not staying on the market very long, and sellers are getting very close to asking price.  Here are the November 2017 single family home sales stats for Waldo, using the street boundaries of State Line to Holmes and Gregory to 85th St:

November 2017

Median list price:      $179,900

Median sales price:   $177,000

No. of homes sold:        33

Days on market:            6

The lowest sales price was $61,000 and the highest was $409,900.

November 2016

Median list price:     $175,000

Median sales price:  $172,000

No. of homes sold:      29

Days on market:        15

Here are the year-to-date figures:

Jan-Nov 2017

Median list price:     $179,900

Median sales price:  $180,000

No. of homes sold:      380

Days on  market:        12

Jan-Nov 2016

Median list price:         $164,975

Median sales price:     $165,000

No. of homes sold:          398

Days on market:             23

As you can see from these numbers, Waldo has been a hot neighborhood for buyers the past two years. Prices are up 9% over last year.  Currently there are 22 active listings, with a median list price of $180,000 and 35 days on market.

(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)

Waldo Home Sales Stats – May 2017

Home prices are up again in Waldo–a trend that has been consistent this year.  There is a lot of demand and not enough inventory.   These figures are for Waldo single family home sales, using the boundaries of State Line to Holmes and Gregory to 85th:

May 2017

Number of homes sold:    42

Median list price:              $189,900

Median sales price:          $192,000

Average days on market:    13

May 2016

Number of homes sold:      48

Median list price:              $168,700

Median sales price:          $168,000

Average days on market:    10

The highest price sale in Waldo last month was $365,500 and the lowest was $84,900. Note the sales price was higher than list price–because many of the homes that closed were at or over the asking price.

Here are year-to-date comparisons:

Jan-May  2017

Number of homes sold:   165

Median list price:            $175,000

Median sales price:        $177,500

Average days on market:  26

Jan-May 2016

Number of homes sold:    152

Median list price:             $165,500

Median sales price           $164,475

Average days on market:   25

Year to date, Waldo home prices are up 7.9% over last year. Currently there are 14  active single family homes in Waldo, with a median list price of $175,000  and  ten   days on market.

(All information taken from Heartland MLS; deemed reliable but not guaranteed.)