The following market report contains information gathered from the FWAMLS for the townships of Perry, Eel River and Lake in Northwest Allen County, Indiana. While it is deemed reliable it is not guaranteed and is not meant to be used for personal market ananlysis on your individual home. This data is for single family homes only and does not include any auction data.
The Month of February 2010 saw a continued upward trend in the number of units being sold year over year and from January of this year where there were 28 homes sold vs the 33 sold this month. While the price per square foot was down marginally from last February it was up 4% from January of this year and the cumulative days on market was down 18% from February of 2009.
The median sales price for February 2010 was up 13.5% from February of last year, which is a little misleading given that the corresponding amount of square footage was also up 15% for the same time period, but it's nice to see that the sales price is reflective of the amount of square footage and not dropping.
At the end of February 2010 there were 226 active listings with the following data:
Median List Price $186,350
Median sq ft 2,032
Median Price sq/ft $91.50
CDOM 111 days
least expensive home on the market $60,000
Most expensive home on the market $1,999,999
These market reports are provided to give the consumer a snapshot of market trends for Northwest Allen County, Indiana. Should you be considering buying or selling a home in the NW area, I would love the opportunity to sit down with you and discuss your options on how best to approach the process that meets your specific needs using all the tools available to me as a REALTOR®.
I not only serve the Northwest Allen county area as a professional, I reside here as well. My kids are enrolled in the public school system of NACS and we enjoy many of the opportunities that living in the area provides. Call or Email me to get more information about the area or to set up a personal tour. I look forward to hearing from you!
To find out more about me:
http://www.facebook.com/fortwaynerealestate
Brian Kuhns, Realtor
Coldwell Banker Roth Wehrly Graber
(260)489-2485 x84878
(260)438-6289
Email: bkuhns@cbrwg.com
to find properties in NW Allen county and all of NE Indiana visit my website:
Comments(1)