Tag Archives: Waldo real estate agent

Waldo Home Sales Report – January 2024

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It seems a little odd to be reporting January home sales stats when the temperature on this February day is in the 70s! I’m remembering the weeks of very frigid temps just last month. Grateful for the warm sunshine today! OK, getting down to business, 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.

january 2024january 2023
Median list price: $285,000$260,253
Median sales price: $299,000$249,875
Days on market: 3 33
No. of homes sold: 11 14

Buyers paid about 5% over list price for their homes and values are up 19.6% over January 2023 numbers!! Homes are still selling within a couple days of going up for sale. The lowest sales price last month was $180,000 and the highest was $277,250.

Currently there are six single family homes listed in Waldo, with a median price of $262,250 and 40 days on market.

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-October 2023

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Well this month is certainly slipping away fast…as the last two months of the year usually do!! So I’d better get these Waldo home sales stats out–and here they are–single family home sales for Waldo last month, using the boundaries of State Line to Holmes, Gregory to 85th St:

october 2023october 2022
Median list price:$277,500$294,000
Median sales price:$294,000$290,000
Days on market: 3 13
No. of homes sold: 20 22

Waldo continues to be a strong market for sellers–you can see buyers paid about 6% over the list price last month; median sales price just a bit over 1% compared to October 2022. The lowest closed price was $180,000 and the highest was $405,000.

Here are the year-to-date numbers:

jan-oct 2023jan-oct 2022
Median list price:$280,000$267,000
Median sales price:$290,000$280,000
Days on market: 3 3
No. of homes sold: 221 258

So far this year, Waldo home values are up about 3.5%; and 14% fewer homes have sold. There are currently 12 active listings in Waldo, with a median price of $302,250 and 26 days on market.

(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-April 2023

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Waldo homes are continuing to sell quickly however prices have calmed down somewhat–and fewer homes are selling, no doubt due to a continued lack of inventory and much higher interest rates than April 2022. Let’s take a look at the numbers; I’m using the boundaries of State Line-Holmes and Gregory to 85th for this report:

april 2023april 2022
Median list price:$260,000$250,000
Median sales price:$275,500$275,000
No. of homes sold: 21 27
Days on market: 3 3

The interesting fact about the sold price for last month was 1) it was above asking price, so buyers still paying more than list price and 2) the sold price was virtually unchanged from a year ago. With most homes selling within a few days of hitting the market, buyers have to be quick to see the new houses quickly. The lowest closed price last month was $175K and the highest was $470K. Below are the year-to-date numbers:

January-april 2023january-april 2022
Median list price: $275,000 $244,500
Median sales price: $275,000 $261,500
No. of homes sold: 71 94
Days on market: 8 3

Waldo home values have risen 5% YTD compared to 2022. Note that 32% fewer homes have closed, and some homes are sitting on the market just a little longer. Currently there are just three single family homes for sale in Waldo, with a median price of $359,000 and 12 days on market.

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

Waldo Home Sales Report – February 2023

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Checking these Waldo home sales stats, here’s a synopsis: interest rates up, prices up, number of homes sold, down. There is still so much demand despite the higher interest rates that prices keep rising due to lack of inventory. Let’s look at the numbers:

february 2023february 2022
Median list price:$315,000$244,925
Median sales price:$302,000$253,000
No. of homes sold: 15 24
Days on market: 6 3

Last month, fewer homes sold than Feb 2022; yet prices are way up-that median sales price rose 19%. The lowest closed price was $137,400 and the highest was $415,000. Now let’s see the year-to-date figures:

Jan-Feb 2023Jan-Feb 2022
Median list price:$299,950$202,500
Median sales price:$299,450$237,000
No. of homes sold: 28 41
Days on market: 20 3

So far this year, 31% fewer homes have sold compared to the same time last year, and prices are up 28.7%. Currently there are 12 single family homes for sale in Waldo, with an average price of #332,500 and 7 days on market.

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

Waldo Home Sales Report-January 2023

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We are just a couple of days into March…and I am a bit late posting these January stats for Waldo home sales. No surprise here–prices keep going up! These are the sales figures for single family homes, using the boundaries of Gregory to 85th St; State Line to Holmes:

january 2023january 2022
Median list price:$260,253$217,000
Median sales price:$249,875$215,000
Days on market: 33 4
No. of homes sold: 14 17

Home prices rose 16% compared to January 2022; and (some) homes are sitting on the market longer. Remember, a year ago, interest rates were around 3%. Still, that’s a pretty hefty increase in median sales price considering the interest rates have doubled. The lowest closed price was $152,500 and the highest was $470,000.

Currently there are 13 homes for sale in Waldo, with a median list price of $260,000 and 16 days on market.

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

Waldo Home Sales Report – Sept 2022

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Interest rates are rising for homebuyers and home prices are still rising..at least in they are in Waldo! Demand continues to be high for this area, which I designate as Gregory to 85th St; State Line to Holmes. Let’s take a look at the numbers:

September 2022September 2021
Median list price:$289,000$225,000
Median sales price:$295,000$237,500
Days on market: 5 7
No. of homes sold: 29 32

Most buyers paid at or over the listed sales price by about 2%; prices were up 24% compared to September 2021. The lowest closed price was $133,000 and the highest was $417,000. Here are the year-to-date numbers:

Jan-Sept 2022Jan-Sept 2021
Median list price:$263,000$250,000
Median sales price:$278,000$263,500
Days on market: 3 2
No. of homes sold: 237 295

Although fewer homes have sold this year, by 19% so far, home values are up 5.5% and most buyers pay over asking price. Currently there are 18 single family homes listed in Waldo, with a median price of $275,000 and 18 days on market.

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

Waldo Home Sales Report-July 2022

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Wonderful Waldo, homebuyers want to live there and prices keep going up as a result! There’s been a big gain in home values compared to last year, as you’ll see with the stats below. Let’s start with the July numbers; I’m using Waldo boundaries of Gregory to 85th and State Line to Holmes for the numbers:

July 2022July 2021
Median list price:$285,000$234,500
Median sales price:$301,000$260,000
Days on market: 3 2
No. homes sold: 35 32

Homes that closed last month were about 5% over the asking price; and values rose 15.7% compared to July 2021. The lowest closed price was $150K and the highest was $525,000.

Here are the year-to-date stats:

January -July 2022January-July 2021
Median list price: $259,000 $250,000
Median sales price: $278,000 $265,000
Days on market: 3 2
No. homes sold: 187 233

Overall, home prices are up 4.9% this year as compared to same period last year. And buyers are still paying over the list price. You’ll note fewer houses selling; 25% less than a year ago. This could be a result of higher interest rates that kicked in this spring.

Currently there are 18 single family homes for sale in Waldo with an average list price of $270,500 and 17 days on the market. Prices range from $139,000 to $485,000.

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

Waldo Home Sales Report – June 2022

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Halfway through the year for Waldo home sales and the stats are showing a bit of a slowdown to what we’ve been experiencing for the past several months: buyers are still paying over the asking price, and newly listed homes going under contract within 48 hours. Yet the number of units sold — big drop. Here are the details for single family homes in Waldo; I use the street boundaries of Gregory to 85th St and State Line to Holmes:

June 2022June 2021
Median list price:$240,000$255,000
Median sales price:$250,000$270,000
No. homes sold: 27 49
Days on market: 2 2

There was a 7.4% drop in median sales price compared to June 2021 and fewer homes sold. Part of the reason for this could be the interest rate hikes that started this Spring–that can have an affect on buyers’ budgets. Here are the year-to-date numbers:

Jan-June 2022Jan-June 2021
Median list price:$250,000$255,000
Median sales price:$275,000$265,000
No. homes sold: 149 195
Days on market: 2 2

This chart shows us the number of units closed is down 23% compared to last year, and prices are up 3.7%. Fewer units available for sale pushed the closed price higher as some houses are still experiencing multiple offers for the well maintained, well priced properties.

Currently there are 13 homes listed in Waldo, with a median list price of $314,900 and six days on the market.

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