The Greater Fort Wayne area Residential Real Estate market has been in a gradual recovery and has most recently been able to maintain some gains since the beginning of 2011. Below is a brief overview of the current market conditions for single family homes/villas/townhomes and condos within the greater Fort Wayne area.
Number of homes sold in the first half of 2012: 2,125 up 13% from this same time last year
Average Days on Market in the 1st half of 2012: 81 days 7% shorter than this same time last year
Average Sales Price for 1st half of 2012: $127,677 up 6% from 1st half of 2011
Median Sales Price for 1st half of 2012: $107,000 up 3% from 1st half of 2011
There are currently 2,203 Homes for sale in the Greater Fort Wayne area with an average list price of $144,530. If sales continue at the same levels, I anticipate a balanced market going forward. Low interest rates and mild weather have helped to motivate buyers to act in this market.
Contact me for a free market analysis if you are interested in buying or selling a home in the Greater Fort Wayne area. Don't buy or sell a home in the Greater Fort Wayne area without contacting me first for the most up to date market information. I look forward to the opportunity of earning your business.
This report is for single family site-built homes/common interest detached and common interest attached homes in the Greater Fort Wayne Area, Indiana. Data is provided from the UpstarIndiana MLS for mls area of Allen county, Indiana. It is considered to be reliable but is not guaranteed.
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