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Where Has The Fort Wayne Area Real Estate Market Been And Where Is It Heading?

By
Real Estate Broker/Owner with Christiansen Group Realty (260)704-0843

A big thank you to our local Fort Wayne area Board of Realtors® for putting this video out for us.  

As you can see, pending 2011 fourth quarter sales in the Fort Wayne MLS are up a whopping 19.2% from the same time in 2010.  At the same time last year, sales were down a whopping 30.7% from 2009.  OUCH.  

In the 2011 fourth quarter, the number of Fort Wayne homes for sale is down 1.6% from 2010.  

The bad news for sellers...  home prices in Fort Wayne are down 4.9% overall.   

The most shocking part of this video for us is the amount of homes that sold in 2005 and 2006 (the height of the Fort Wayne housing market when anybody with a pulse could get a loan):  16,248!!!  

Overall the market is picking up all around.  That's good news for both buyers and sellers in the Fort Wayne area.  


Posted by

 

 

   

Fort Wayne Realtors Jared and Amanda Christiansen with Century 21 Bradley

Amanda Christiansen is an award winning Realtor with Christiansen Group Realty.

 

Jared Christiansen is a business partner and in charge of marketing and taking care of things behind the scene.

 

Enough about us...

 

Tell us what you want your real estate experience to be, and we will do it YOUR way.

 

Buying a home in Fort Wayne? Tell us your wants and needs. Let us know how you envision your family living.  Tell us what's important to YOU, and we'll find the community and home that fits.  

 

Selling your home in Fort Wayne?  Our job is to make you the most money possible in the shortest amount of time. We offer our sellers professional staging, professional photography, and more internet marketing than most. 

 

We are committed to giving you everything we have to offer.  We are both full time agents and will work around your schedule.  Do nights and weekends work better for you?  NO PROBLEM. We are here to help YOU at YOUR convenience.

 

Amanda can be reached at 260-704-0843, and Jared can be reached at 260-704-0842, or you can email us at JaredChristiansen@gmail.com, or Amanda427@gmail.com.

 

 

Comments(5)

Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

really nice report presentation.  I would LOVE to only have 7 months of inventory here.  Love I tell you.

Mar 02, 2012 01:41 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Great video and good job on providing us the skinny on the real estate market in Fort Wayne.  May the force be with you in 2012 for an outstanding year in real estate!

Mar 02, 2012 02:13 AM
Bryan Robertson
Los Altos, CA

That's a really, really good report.  Very well presented and just the right amount of detail.  The continuing drop in inventory is an excellent sign that should stop the decline in prices.

Mar 02, 2012 02:41 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Sounds like there is a glimmer of hope but that is how a fire gets started.

Mar 03, 2012 09:52 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

It is always good to hear positive news in this market.  Let's hope it continues.

Mar 03, 2012 11:53 PM