Waldo Home Sales Report-July 2019

Reading this blog may seem like the Groundhog’s Day movie…same news about Waldo home values increasing, over and over!  Let’s take a look at the numbers:

July 2019                                                              July 2018

Median list price:     $239,000                         Median list price:    $215,000

Median sales price:   $243,000                       Median sales price:  $210,000

No. of homes sold:     34                                  No. of homes sold:      43

Days on market:      3                                       Days on market:         8

Most of the homes that closed last month sold at or over list price, at a substantial increase over last July.  Fewer homes sold, and were available, so that pushes prices up and note–listings went under contract in an average of 3 days!  Below are YTD numbers:

Jan-July 2019                                                               Jan-July 2018

Median list price:     $225,000                                  Median list price:     $199,800

Median sales price:  $225,000                                 Median sales price:   $200,000

No. of homes sold:     198                                         No. of homes sold:     234

Days on market:        8                                             Days on market:         16

When there are fewer homes for sale, prices go up–that’s what’s been happening in Waldo.  Most sellers continue to get ask or over list price for their homes.  So far, Waldo home prices  have risen 12.5% this year.  Currently there are 29 active listings, with a median price of $235,000 and 41 days on market.  Prices range from $45,000 to $399,000.

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

 

Waldo Home Sales Report-June 2019

Halfway through the year, Waldo home sales are still going strong!  Prices continue to rise and most homes are going under contract within a week of listing. Below are the stats, using the street boundaries of Gregory to 85th and State Line to Holmes:

June 2019                                                                June 2018

Median list price:     $215,000                            Median list price:     $194,000

Median sales price:    $213,000                          Median sales price:    $205,000

No. of homes sold:       37                                    No. of homes sold:      33

Days on market:         7                                        Days on market:          35

The numbers are showing us that prices are up, and homes sold faster than June 2018.  Let’s see where Waldo is year-to-date:

Jan-June 2019                                                       Jan-June 2018

Median list price:     $230,000                        Median list price:    $200,000

Median sales price:   $228,000                     Median sales price:   $200,500

No. of homes sold:      164                                  No. of homes sold:      182

Days on market:          10                                   Days on market:          16

The highest sold sales price so far this year in Waldo is $382,000 and the lowest is $26,000–that’s quite a range!  YTD, values are up just over 11%

Currently there are 38 single family homes for sale in Waldo, with a median list price of $234,500 and 20 days on market.

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

 

Waldo Home Sales Stats-April 2019

We are in the middle of the peak Spring home buying season…yet sales are down in Waldo.  Prices are up, though.  Is the slowdown a lack of inventory, lack of demand or is Waldo following the national trend of fewer home sales?  Time will tell. Here are the stats for single family  home sales in Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

April 2019                                                            April 2018

Median list price:        $239,000                      Median list price:      $209,975

Median sales price:    $220,000                     Median sales price:    $212,500

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

Days on market:         9                                      Days on market:         30

The lowest closed price last month was $95,000 and the highest was $382,000-highest sold price this year so far.  Below are year-to-date figures:

Jan-April 2019                                                      Jan-April 2018                                                   

Median list price:        $222,500                        Median list price:     $189,950

Median sales price:      $217,700                      Median sales price:    $193,000

No. of homes sold:         92                                 No. of homes sold:       120

Days on market:            16                                  Days on market:          16

Home prices are higher 12.8% compared to same time last year, even though fewer homes have sold.  Demand is still high for the well maintained, updated and move in ready homes.  Currently there are 23 single family homes for sale in Waldo, with a median list price of $255,000 and 14 days on market.

(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 Report-2018 Recap

Waldo continues to be a hot neighborhood for buyers…for the second year in a row, sales prices were higher than list price.  Let’s take a look at the December stats first, single family homes in Waldo using the boundaries of State Line to Holmes and Gregory to 85th St:

December 2018                                                       December 2017

Median list price:     $220,000                        Median list price:    $164,900

Median sales price:    $220,220                     Median sales price:  $160,000

No. of homes sold:      15                               No. of homes sold:     31

Days on market:        21                                  Days on market:     38

The lowest sale was $145,000 and the highest was $246,000.  Fewer homes went under contract though, probably due to lack of desirable inventory.

Here are the 2018/2017 comparisons:

2018                                                                                        2017

Median list price:    $200,000                               Median list price:       $177,250

Median sales price:  $205,000                              Median sales price:    175,000

No. of homes sold:     369                                     No. of  homes sold:       386

Days on market:         19                                        Days on market:             13

The number of homes sold overall dropped slightly; prices were up 15%!  Many sellers are getting list price or over –demand is very strong and I think it will continue into 2019.  Waldo is a great place to live!

Currently there are 21 active single family listings in Waldo, with a median price of $234,900 and 59 days on market.

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

Waldo Home Sales Report – Nov 2018

Waldo has such a large range of home pricing…I think that’s one reason it continues to be a popular location for buyers.  Prices are way up compared to last year. Here are the single family home sales stats for Waldo last month, using the boundaries of State Line to Holmes and Gregory to 85th St.

November 2018                                            November 2017

Median list price:      $212,500                   Median list price:     $174,950

Median sales price:   $208,250                  Median sales price:   $176,500

No. of homes sold:       26                            No. of homes sold:      32

Days on market:         38                             Days on market:        6

The lowest closed sale last month was $128,300 and the highest was $385,000.  Now let’s look at YTD comparisons:

Jan-Nov 2018                                                 Jan-Nov 2017

Median list price:     $200,000                    Median list price:     $179,900

Median sales price:    $208,000                  Median sales price:    $180,000

No. of homes sold:        363                         No. of homes sold:       369

Days on market:          19                              Days on market:         12

Home prices are up 15% over last year in Waldo, and as you can see, many houses are selling at or above the list price.  Currently there are 30 active listings, with a median sales price of $217,475 and 53 days on market.  Homes range in price from $64,900 to $375,000.

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

Waldo Home Sales Stats-Oct 2018

Home prices in Waldo continue their upward trend…I think they will surpass Brookside in terms of percentage rise in 2018.  We’ll see! For now, here are the October single family home sales stats for Waldo, using the boundaries of State Line to Holmes and Gregory to 85th St:

October 2018                                                           October 2017

Median list price:        $225,000                             Median list price:     $199,450

Median sales price:     $221,125                           Median sales price:    $195,000

No. of homes sold:        29                                     No. of homes sold:       22

Days on market:           20                                      Days on market:           5

The lowest sales price last month was $134,000 and the highest sale was $425,000.

Here are year-to-date figures:

Jan-Oct 2018                                                           Jan-Oct 2017

Median list price:        $200,000                         Median list price:       $179,900

Median sales price:     $206,500                         Median sales price:     $180,000

No. of homes sold:       324                                 No. of homes sold:      324

Days on market:          18                                   Days on market:           12

Home prices are up over 14% YTD for Waldo..and as you can see, many buyers paying over the asking price.  Currently there are 36 single family homes for sale in Waldo, with a median price of $222,000 and 43 days on market.  The lowest price is $85,000 and highest list price is $384,950.

(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 – July 2018

Waldo home values continue their upward climb compared to one year ago…demand is very strong for the moderately priced houses you can find in this area. Here is the July 2018 single family home sales report for Waldo, using the boundaries of Gregory to 85th St and Holmes to State Line:

July 2018                                                                 July 2017

Median list price:      $215,000                            Median list price:     $149,725

Median sales price:   $210,000                           Median sales price:  $162,000

No. of homes sold:       43                                    No. of homes sold:    30

Days on market:           8                                       Days on market:       5

The lowest sales price last month was $47,000 and the highest was $460,000.

Year-to-date stats below:

Jan-July 2018                                                       Jan-July 2017

Median list price:     $199,900                          Median list price:      $175,000

Median sales price:   $200,000                         Median sales price:   $176,000

No. of homes sold:      237                                No. of homes sold:       243

Days on market:        15                                    Days on market:          15

Compared to the same time period last year, Waldo sales prices are up 13%! Currently there are 27 active listings, ranging in price from $115,000 to $398,000 and 27 days on market. 

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