Tag Archives: Waldo home sales stats

Waldo Home Sales Report – February 2024

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Interesting news for Waldo home sales in this report- prices are down! What’s that all about?? I’m thinking it’s a fluke; possibly some homes initially priced high and then negotiated down; or more of the less expensive homes in Waldo closed rather than the ones priced closer to $350-$500K. Let’s take a look at the numbers:

February 2024February 2023
Median list price:$275,000$322,500
Median sales price:$281,000$315,000
Days on market:67
No. of homes sold:1916

The median sales price was down 12% compared to February 2023. Of the 19 properties that closed, nine were at or above asking price so most were below asking. The lowest closed price was $135,000 and the highest was $445,000.

Here are the year-to-date stats:

Jan-Feb 2024Jan-Feb 2023
Median list price:$275,000$289,950
Median sales price:$281,000$299,450
Days on market:320
No. of homes sold:2930

Year to date, the median price is down 6.5% compared to a year ago; however, buyers still paying over asking price. About the same number of homes have sold. Currently there are 6 single family homes for sale in Waldo, with a median list price of $259,750.

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

Waldo-Dec Home Sales Report and 5 Year Trend

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Buyers are continuing to find Waldo a desirable place to live, even with the interest rate hikes of last year. The number of homes changing owners was about the same as December 2022–but the values are way up. Let’s look at the stats:

december 2023december 2022
Median list price:$264,000$240,000
Median sales price:$262,500$235,000
No. of homes sold: 16  18
Days on market:  2  25

Last month buyers paid within 1% of the list price–that’s good to hear, we don’t need constant frivolous bidding wars, especially for first time buyers. Prices rose almost 12% compared to December 2022. The lowest closed price was $122,500 and the highest was $480,000. Below is a graph for the five year trend of Waldo single family home sales:

20232022202120202019
Median list price:$289,950$265,000$249,975$222,500$222,450
Median sales price:$296,000$275,000$260,000$229,900$217,475
No. of homes sold: 267  301  410 375  358
Days on market:  3  3  3 4  10

Waldo home prices rose 7.6% 2022-2023 and values are up 36% since 2019. You can see in this chart how inventory has fallen–25% fewer homes are selling because there are not enough homes to satisfy demand. With interest rates sliding down (however don’t expect 3 or 4% this year!), more buyers will try this spring to purchase, resigned to the higher rates compared to a couple of years ago. These trends show, Waldo homes are a very good investment for homebuyers! Contact me if you are interested in buying or selling in Waldo!

Waldo Home Sales Report-November 2023

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Here we go…into two weeks of holiday hoopla, multiple trips to the grocery store, airport runs, packing and unpacking, enjoying those special home cooked recipes and seeing the innocent joy of the season on every kid’s face. Is this too sentimental?? OK let’s get on with the show…below are single family home sales for Waldo last month; I use the street boundaries of State Line-Holmes and Gregory to 85th for the report:

november 2023november 2022
Median list price:  $315,000 $242,500
Median sales price:  $315,000  $257,000
Days on market:   3   4
No. of homes sold:   29   20

There are some interesting stats here; compared to Brookside, the number of homes sold increased compared to a year ago, and prices rose by 22%!! I suspect some buyers finally got used to the fact that interest rates are not going down to 3%, or even 5% anytime soon so they finally made a purchase. The lowest closed price was $70,000 and the highest was $525,000. Here are the year-to-date stats:

jan-nov 2023jan-nov 2022
Median list price: $295,000  $265,000
Median sales price:  $300,000  $278,000
Days on market:   3   3
No. of homes sold:  272  303

The trend for the year has been buyers paying a bit over the list price and prices increasing from last year. Still a lot of demand as you can see–most houses go under contract very quickly, within a few days. The number of homes closed decreased by 11%, due to interest rate hikes causing some buyers leaving the market.

Currently there are just 8 homes listed in Waldo, with a median price of $314,750 and 22 days on market.

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

Waldo Home Sales Report-July 2023

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You may have heard via national news that home sales are down this year–partially due to the higher interest rate. That is true for Waldo as well–at least according to last month’s stats. Let’s take a look; I’m using data for single family homes using the boundaries of State Line to Holmes, Gregory to 85th St.

july 2023july 2022
Median list price:$250,000$285,000
Median sales price:$270,000$303,000
Days on market: 2 3
No. of homes sold: 19 34

Most buyers are still paying over asking price; however prices last month dipped 12% from July 2022. Also, 44% fewer homes sold. Why? I think many first time buyers have dropped out of the market for now due to the higher interest rates. That’s one reason….their budget can’t stretch enough for what they want. The lowest closed price last month was $170K and the highest was $452K. Her are the YTD numbers:

jan-july 2023jan-july 2022
Median list price:$289,950 $259,000
Median sales price:$296,000 $278,000
Days on market: 3 3
No. of homes sold: 161 177

Looking at the year-to-date trend, home values are up almost 6.5% and 9% fewer homes have changed hands this year. Currently there are 8 single family homes for sale in Waldo, with a median price of $339,000.

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

Waldo Home Sales Report – June 2023

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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 2023june 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 2023jan-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.)

Waldo Home Sales Report – February 2022

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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

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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

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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

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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

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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.)