Goshen, IN - Yearly Market Report Comparison
2015 vs 2016
Goshen, is located in extreme north central Indiana and central Elkhart County. The 2016 statistics for Goshen, shows the market with 507 residential homes sold. During the same period in 2015 a larger amount of 539 homes were sold. The lack of 2016 inventory may have been a factor. Also, the home builders in the area have been backed up for months, indicating the lack of preferred homes available to buyers. The average Days on Market for the period was 48, which is less than the 2015 amount of 63 DOM.
The average Listing Price for 2016 increased by 6.37% over 2015.
The average Selleing Price for 2016 increased by 9.12%
Days on Market for 2016 decreased by 23.81% 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 Goshen, 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 or above the asking price.
Buyers are taking advantage of the low interest rates andthe Sellers are taking advantage of the lack of competition in the selling market.
Now is the time to Sell a Buy a home in Goshen, IN
Call Friends & Neighbors Real Estate for the latest Real Estate information in
Goshen and Elkhart County at 574-304-7148.
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
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and Elkhart County Subdivisions, LLC, Elkhart, Indiana,
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