Waldo Homes Sales Report-November 2021

Gotta act fast if you want to buy a home in Waldo…and it’s been like that all year, even during these slower winter months.  Homes go under contract very fast and buyers usually pay  list price if not more. Here are the stats for November 2021, using the street boundaries of Gregory to 85th St; State Line to Holmes:

November 2021                                                       November 2020

Med list price:     $245,000                                              $259,900

Med sales price:    $245,000                                           $259,900

No. homes sold:    37                                                         27

Days on market:    3                                                           12

Although the median sales price was a bit lower than last November, more homes sold and in less time; also more higher priced homes sold in  November 2020.  The lowest sales price last month was $73,000 and the highest was $503,000.  Let’s check the year-to-date numbers:

Jan-Nov 2021                                                                   Jan-Nov 2020

Med list price:     $249,950                                              $225,000

Med sales price:  $260,000                                             $230,000

No. homes sold:    370                                                      343

Days on market:    3                                                           4

So far this year, sellers are paying an average of 4% over list price; homes are still going under contract very fast (yes I know I say that every month!).  Home values are up 13% compared to last year at this time.

Currently there are 12 active listings in Waldo, with a median list price of $232,450 and 37 days on market. Prices range from $75K to $395,000.

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