Are you wondering what happened in the Fort Wayne foreclosure real estate market last month? Let's take a look!
Homes sold: 22
Average days on market: 33
Average list price: $69,932
Average sales price: $66,336 (95% of list price)
Median sales price: $47,625
Lowest sales price: $15,100 (3 bedroom ranch in southeast Fort Wayne)
Highest sales price: $262,500 (4 bedroom, 1,811 square foot home in the country on 4.2 acres)
33 days on the market is amazing and much less than the average in Fort Wayne. 95% sales price to list price is also very good. It means that banks are pricing homes where they need to be to sell. The days of getting ridiculously great deals on foreclosures is GONE.
Let's take a look at active homes for sale in NWAC Fort Wayne (as of December 1, 2013).
Let's look at active foreclosures for sale in Fort Wayne.
Foreclosures for sale: 111
Average days on market: 57
Average list price: $65,487
Median list price: $49,900
Lowest list price: $990 (3 bedroom ranch in southeast Fort Wayne)
Highest list price: $299,900 (2,977 square foot condo in Sycamore Hills Turnberry in Southwest Allen County)
If you are looking for foreclosures for sale in Fort Wayne, we'd love to help. We have a lot of experience buying and selling foreclosures in our area. We know what to look for both good and bad. Please give us a call at 260.704.0843 for a pressure free discussion about your wants and needs. Hope to hear from you soon!
Amanda and Jared Christiansen
Fort Wayne Realtors
Century 21 Bradley Realty
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