Up, up, up--Waldo housing values continue to climb as first time buyers (and investors) continue to snap up moderately priced homes in this hot neighborhood. Here are the single family home sales for March and YTD figures, using the Waldo street boundaries of State Line to Holmes and Gregory to 85th St:
March 2019 March 2018
Median list price: $234,900 Median list price: $200,000
Median sales price: $234,900 Median sales price: $206,250
No. of homes sold: 29 No. of homes sold: 32
Days on market: 17 Days on market: 3
Sellers control the pricing in this busy spring buying market--there is very little negotiation off the list price and often multiple offers are received for well maintained, updated new listings. Here are the YTD numbers:
Jan-March 2019 Jan-March 2018
Median list price: $222,500 Median list price: $179,000
Median sales price: $217,450 Median sales price: $178,000
No. of homes sold: 62 No. of homes sold: 79
Days on market: 19 Days on market: 15
Home values are up 22% over the same period last year--a huge jump! As more inventory comes on the market during the busy spring season, prices may continue to grow according to demand. Last month saw the highest and lowest sales of the year so far: $372,000 and $42,000 respectively.
Currently there are 22 active single family home listings in Waldo, with a median list price of $282,450 and 22 days on market.
(All stats taken from Heartland MLS; deemed reliable but not guaranteed.)