Elkhart, IN Market Report - September, 2016
The City of Elkhart, in Elkhart County, is located in extreme north central Indiana. The September report of 2016, shows the market with 130 residential homes sold, compared to 94 sold in 2015. The average Days on Market for the period was 48, which is less than the 2015 amount of 56 DOM.
The average Listing Price for 2016 increased by 1% from 2015.
The average Selling Price for 2016 increased by 9.8% from 2015.
The average Days on Market for 2016 decreased by 4.6% from 2015
Disclaimer: The figures shown, do not include “For Sale by Owner” homes and only homes that were entered into the MLS system.
The market in Elkhart, with the inventory declining, buyers are still looking for homes to fit their needs. Now is the time to sell a home in this area, as offers have been near the asking price.
Buyers are taking advantage of the low interest rates and the Sellers are taking advantage of the lack of competition in the selling market.
Now is the time to Sell or Buy a home in
Elkhart, Indiana
Call Friends & Neighbors Real Estate for the latest Real Estate information in Elkhart.
574-304-7148.
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If you know someone who wants to Buy or Sell a Home in
Elkhart, St Joseph, LaGrange and Kosciusko Counties, in Indiana
Call me: Larry Johnston, 574-304-7577
"We have agents to serve you with your Real Estate needs"
Friends & Neighbors Real Estate
and Elkhart County Subdivisions, LLC, Elkhart, Indiana,
or email larry@larry-johnston.com
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