Elkhart County Yearly Market Report - 2015 vs 2016

  Elkhart County Yearly Market Report - 2015 vs 2016

Elkhart County, is located in extreme north central Indiana. The 2016 statistics for Elkhart County, shows an active market with 2074 residential homes sold.  During the same period in 2015 a lesser amount of 2005 homes were sold. The average Days on Market for the period was 67, which is less than the 2015 amount of  76 DOM.

The average Listng Price for 2016 increased by 5.7% over 2015.

The average Selling Price for 2016 increased by 8.8% over 2015.

The average Days on Market for 2016 decreased by 11.8% 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 County, 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 and Buy a home in Elkhart County

Call Friends & Neighbors Real Estate for the latest Real Estate information in

Elkhart County at 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