The Northwest Allen County community of Watersong Market Report

By
Real Estate Agent with Coldwell Banker Roth Wehrly Graber RB14042341

 

Watersong entrance     

 

    The Northwest Allen County community of Watersong is 110 single family and common interest detached (commonly known as villas) homesites first developed in 2001.  Located on the Northeast corner of Coldwater and Union Chapel roads the area has homes that average $200,000 and are served by the Northwest Allen County school system.  Close to local shopping/dining/area entertainment and a 10 minute drive to the new Parkview Regional hospital, Watersong offers a great environment for those looking for newer constructed homes.

 

 

 

Number of Homes Sold in Watersong January-October 2011: 7

Number of Homes Sold in Watersong January-October 2012: 4

 

Avg Days on Market for Homes Sold January-October 2011:  121

Avg Days on Market for Homes Sold January-October 2012:      7


     While it's not unusual to see large swings in data when dealing with relatively small numbers, the Days on Market swing was particularly large from last year to this year going from 121 days last year to 7 on average this year.  The number of homes sold this year was down slightly as well but there is currently 1 home pending sale that should close prior to the end of the year.

 

Solds and Avg days on market

 

     Average Sales Price January-October 2011: $184,569

      Average Sales Price January-October 2012: $191,150

 

      Median Sales Price January-October 2011:  $196,900

      Median Sales Price January-October 2012:  $192,050

 

    A pretty stable market for Watersong year over year without much fluctuation even with relatively small data.  Average sales price moved the most improving 3.5% to $191,150.  While the Median sales price dropped slightly 2.5% to $192,050.

 

Avg and Median Sales prices

 

     There is currently 1 home for sale and 1 home pending sale in Watersong with an average list price of $277,450 and an average days on market of 75.

 

 

 Click here to view homes currently for sale in





When it comes time to buy or sell a home in the community of Watersong or the Northwest Allen county area,  contact me (260) 438-6289 bkuhns@cbrwg.com for the most up to date market information. 


This study is not designed to be used for determining a value of a particular home within the community of Watersong. If you have a home in the community of Watersong and would like a complete Market Analysis done for you, I would be happy to meet with you and provide a study designed for your home. This study was done using data provided by the Upstar MLS, while it may not contain information regarding the homes sold privately by owners, it does present a fair representation of the historical market in the neighborhood.


For Homes available in Northwest Allen County visit:

www.NWallencountyHomes4sale.com

 

search northwest allen county homes for sale

 

 

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(260) 416-5103  *  bkuhns@movingindiana.com

Coldwell Banker Roth Wehrly Graber

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      When the time comes for you to buy or sell your home, contact me for the latest market information and a detailed analysis of your Real Estate needs.

(260) 438-6289 or by email at bkuhns@movingindiana.com

 

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