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Fort Wayne Real Estate Weekly Market Report - 8/13 - 8/19/2012

 
Fort Wayne Real Estate Weekly Market Report - 8/13 - 8/19/2012.  Here is a look at what happened last week in the Fort Wayne real estate market.  
Homes Sold:  74
Average List Price:  $153,415
Average Sales Price:  $148,297 (97% of list price)
Median List Price:  $115,950
Median Sales Price:  $114,000
Lowest Sales Price:  $8,000 (3 BR 2 Bath 1,346 Sq Ft Home that was a short sale and needed more than a little TLC!)
Highest Sales Price:  $547,500 (5 BR 5.5 Bath 3,349 Sq Ft Home in Heron Preserve Subdivision)
Average Days On Market:  84
What does this report tell us about real estate in Fort Wayne?  It's moving.  74 homes sold in a week is a very good sign.  The days on market last week is up 20 from last week.  That's not a good thing, but over the past few years the average days on market in Fort Wayne has been closer to 100.  
If you are considering selling or buying a home in Fort Wayne, we would love to discuss your situation and help you out.  Feel free to give us a call!  
 
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