Fort Wayne Real Estate Market Report May 2014 - Sales $300,000 and Up

FORT WAYNE REAL ESTATE MARKET HOMES SOLD IN MAY 2014 PRICE RANGE $300,000 AND UP

           MAY 2014                                                         MAY 2013                                      Homes Sold:                       33                                                           24

Average List Price:            $445,566                                      $390,191

Average Sales Price:          $428,798 - 96% of List Price         $377,539 - 97% of List Price

Median Sales Price:           $385,000                                      $353,375

Average Days on Market:  77                                                71

Sales Price Low:                $308,000

Sales Price High:               $782,500

ACTIVE LISTINGS FOR MAY 2014

Active Listings:                  193

Average List Price:            $471,696

Median List Price:              $399,900

Average Days on Market:  125

List Price Low:                   $304,900

List Price High:                  $2,995,000

In comparing May 2013 and May 2014 Solds, they have stayed similar.  After this particularly brutal winter, May 2014 has been a gearing up month for residential real estate.  The market will only improve as the summer progresses.  There are plenty of choices for this price range in the City of Fort Wayne!