Bittersweet Lakes Subdivision is located in Southwest Fort Wayne just off of LIberty Mills Road and Homestead Road. The homes in this subdivision are approximately 5 - 15 years old. The homes in this subdivision are all large two story homes and most of them are on lots that are 1/2 an acre or more. The prices of these homes range from $185,000 to upwards of $500,000. Here is a snapshot of homes sold in Bittersweet Lakes Subdivision over the last 3 years...
2010
Homes Sold: 7
Average Days on Market: 43
Average List Price: $351,128
Average Sales price: $336,285 (96% of list price)
Median Sales Price: $319,000
Lowest Sales Price: $170,000
Highest Sales Price: $495,000 (5 BR, 4.5 Baths, 3,200 sq ft two story home with a full finished walkout basement on a pond lot)
2011
Homes Sold: 4
Average Days on Market: 83
Average List Price: $467,300
Average Sales Price: $445,750 (95% of list price)
Median Sales Price: $399,000
Lowest Sales Price: $360,000
Highest Sales Price: $625,000 (5 BR, 4.5 Baths, 14,567 sq ft two story home on a full finished walkout basement on a cul-de-sac)
2012
Homes Sold: 7
Average Days on Market: 111
Average List Price: $328,100
Average Sales Price: $312,428 (95% of list price)
Median Sales Price: $282,000
Lowest Sales Price: $197,000
Highest Sales Price: $490,000 (6 BR, 4.5 Bath, 3,567 sq ft two story home on a full finished daylight basement)
So what does this tell us about the Bittersweet Lakes Subdivision? Well... Days on market have increased each year since 2010. That's not good. There is quite a range in price in this subdivision. Homes are selling at 95% of list price, which is a good thing for sellers. Overall the market is good in Bittersweet Lakes and homes are selling.
Why live in Bittersweet Lakes Subdivision?
Value and Luxury. If some of these luxurious $500,000 homes were in another part of the country, the price tag would be at least double.
Space. The average square footage is close to 3,000 square feet and a lot of the homes have basements. That is a TON of space for a growing family.
Location. You are just minutes away from shopping at the shops in Coventry and Jefferson Pointe. You are approximately 15 minutes from downtown Fort Wayne.
School Systems. Your kids will be attending award winning Lafayette Meadow Elementary, Summit Junior High, and Homestead High School in Southwest Allen County School Systems.
If you are considering buying or selling a home in Bittersweet Lakes Subdivision, Amanda and I would love to help you. We know the subdivision well and our office has sold 11 of the 18 homes sold in the past 3 years in Bittersweet Lakes. Please give us a call at 260.704.0843 or email us at JaredChristiansen@gmail.com.
We look forward to hearing from you!
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