Twin Eagles entrance sign   The Northwest Allen county, Indiana community of Twin Eagles is more than 275 single family and common interest detached home sites located 3.5 miles North of Dupont road between Dunton and Coldwater roads and serviced by Northwest Allen county schools.  Home prices average in the low $400's and are less than 10 years old with some new construction still available. Most homes sit on one of the 18 ponds throughout Twin Eagles with the others being on level lots. Homes in Twin Eagles are higher end homes for our area given that they average almost 4 times the area sales price. 
 
 
Number of Homes Sold in Twin Eagles Jan-Aug 2011:  14

Number of Homes Sold in Twin Eagles Jan-Aug 2012:  21
 
 
 
Average Days on Market for Homes Sold Jan-Aug 2011:  125

Average Days on Market for Homes Sold Jan-Aug 2012:  177


   Not unusual for the higher end market to carry days on market longer than the average for the area as seen in Twin Eagles. Although there was a 50% increase in the number of homes sold in 2012, there was also a 42% increase in the number of days homes were on the market. I anticipate the days on market number to improve slightly going forward with the 9 current pending sales averaging 64 days.
 
dom and solds
 
 
Average Sales Price Jan-Aug 2011:  $406,365

Average Sales Price Jan-Aug 2012:  $401,119


 
Median Sales Price Jan-Aug 2011:  $393,000

Median Sales Price Jan-Aug 2012:  $391,000
 
 
     With a rise in the number of days on market we often see a decline in the average and median sales price. Twin Eagles is no different although the average sales price only dropped slightly over 1%. Another Statistic of note would be that the percent of list price received dropped from 98.5% to 97% for this time period.  The news going forward is positive for Twin Eagles with the 23 active and pending homes averaging $481,366.
 
avg and median sales prices
 
Going forward for the remainder of 2012 there are 14 homes currently for sale in Twin Eagles averaging $506,921 and 9 homes pending sale averaging $441,613.  Activity in Twin Eagles has increased significantly already this year as seen before. Should all 9 homes successfully close, Twin Eagles will have sold over 100% more homes in 2012 than in 2011.
 
 
Twin Eagles Homes for sale
 
 
 

When it comes time to buy or sell a home in the community of Twin Eagles or the Northwest Allen county area, please contact me (260) 438-6289 bkuhns@cbrwg.com for the most up to date market information. 


This study is not designed to be used for determining a value of a particular home within the community of Twin Eagles. If you have a home in the community of Twin Eagles and would like a complete Market Analysis done for you, I would be happy to meet with you and provide a study designed for your home. This study was done using data provided by the Upstar MLS, while it may not contain information regarding the homes sold privately by owners, it does present a fair representation of the historical market in the neighborhood.



----------------------------------------------------------------------------------------------------------------

 brian kuhns signature
(260) 416-5103  *  bkuhns@cbrwg.com

Coldwell Banker Roth Wehrly Graber

 Start your online search here

     It is my hope that you will find my blog both informative and at times humorous, I won't always succeed but please feel free to comment and let me know how I'm doing and what kind of content you would like to see more of. When the time comes for you to buy or sell your home, contact me for a detailed analysis of your Real Estate needs at

(260) 438-6289 or by email at bkuhns@cbrwg.com

 

Subscribe to Active Rain Blog     find me on facebook     follow me on twitter     linked in

 

 
This post has been included in Indiana Real Estate News Allen County, IN Real Estate News Huntertown, IN Real Estate News Twin Eagles (Huntertown, IN) Real Estate News
Post is included in group: Area Events
Post is included in group: Realtors®
Post is included in group: Addicted to Active Rain

4 Comments on The Northwest Allen County community of Twin Eagles Market Report

SEP
16
656,986 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Your days on the market still look to be long.  I wish you well and home those time periods come down significantly.
10:09am • #1
SEP
19
713,700 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Wow, that is an awesome market report.  I need to beef mine up a bunch! This looks awesome!
7:18am • #2
428,204 Points 3 Featured Posts

I like your Twin Eagles local home selling market report - that you compared stated from January to August of this year with those of same time during 2011 - which are interesting.
9:32am • #3
178,046 Points 2 Featured Posts

Tim -- things are starting to move quicker now, dom should be better by end of the year. Thanks for commenting

Evelyn -- Thanks for the kind words, I've taken ideas from other reports on AR and tried to incorporate into my own reports. Glad you liked them

Harrison -- Thanks for your comments, I like to compare Apples to Apples whenever possible 
10:00am • #4


What does the graphic say?
Leave a response…

(optional)
Spam Prevention: