Laurel Ridge in Northwest Allen County Market Report

By
Real Estate Agent with Coldwell Banker Roth Wehrly Graber RB14042341

     Laurel Ridge is a subdivision in 3 platted sections developed between the late 90's and early 2000's of roughly 200 homesites. Located in Northwest Allen County served by Hickory Center elementary, Carroll Middle School, and Carroll High School of the Northwest Allen County school system. Laurel Ridge is located west of Lima road about 1/4 mile with the main entrance on the south side of Carroll road directly across from the Allen County Fairgrounds. On a personal note, Laurel Ridge will always hold a special place in my heart after having spent an entire summer in the late 90's working on a vinyl siding crew on some of the new construction located in the neighborhood.

 

     For the last 12 months in Laurel Ridge there were 11 homes sold, 2 of which were foreclosures. I have included the foreclosures data in the following numbers. For Homes sold the last 12 months:

 average selling price was $145,180

 average square footage of homes sold was 1,853

 average days on market for homes sold was 135

 least expensive home sold was $93,875 (HUD Home)

 Most expensive home sold was $196,000

     There are currently only 2 active listings in Laurel Ridge and no homes under contract. For the 2 active listings:

   Average listing price is $159,000

   Average square footage 2,098

   Average days on market of active listings is 87 days

 

 

Information herein is based on stats from the Fort Wayne MLS and is deemed to be accurate but not guaranteed

I would love to talk with you about finding your next home in Northwest Allen County

Contact Me Here;

Brian Kuhns

Coldwell Banker Roth Wehrly Graber

(260) 438-6289 or (260) 489-2485 ext 8487

Email: bkuhns@cbrwg.com    Website http://bkuhns.cbrwg.com

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Comments (1)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Brian...It is good to see a few things have moved, but we need more as you would agree.

Nov 05, 2009 09:17 AM