Southwest Allen County Monthly Real Estate Market Report-June 2014

SOUTHWEST ALLEN COUNTY REAL ESTATE MARKET REPORT FOR MONTH OF JUNE 2014

 JUNE 2014                                                                     JUNE 2013

Homes Sold:                       90                                                          88

Average List Price:            $229,962                                   $239,827

Average Sales Price:          $224,507 - 97% of List Price      $229,602- 96% of List Price

Median Sales Price:           $174,750                                   $163,750

Average Days on Market: 43                                             56

Sales Price Low:                $92,000                                    $91,000

Sales Price High:               $722,500                                   $1,255,000

CURRENT ACTIVE LISTINGS AS OF JULY 1, 2014

Active Listings:                  286

Average List Price:            $317,130                            

Median List Price:              $270,850

Average Days on Market:  81

List Price Low:                   $61,988

List Price High:                  $2,995,000 

Southwest Allen County continues to be a very popular choice among homebuyers!  Inventories are currently low in some price ranges in this area.  In June, Days on Market was 43.  This is great for sellers, but also makes it a very competitive market for home buyers.