Here's a quick look at what happened in the real estate market in NWAC school district in Fort Wayne, Indiana in March of 2014.
Homes sold: 51
Average list price: $194,196
Average sales price: $189,685
Median sales price: $172,900
Average days on market: 68
Lowest sales price: $15,000 - 2 bedroom bungaow in Huntertown. This home was listed for $20,000 and was on the market for 100 days before selling.
Highest sales price: $413,000 - 3,000 square foot home in Twin Eagles. This home was listed for 397,500 and sold in 44 days.
How does this compare to last March?
Homes sold: 41
Average list price: $195,642
Average sales price: $189,953
Average days on market: 58
I'm a little surprised to see that homes sold in March 2014 is up from March 2013. It's the other way around in most of the area.
The average days on market is a little higher in 2014 v. 2013. That's a little bit of a surprise to me.
We anticipate much better numbers in April. As the temperatures warm up and "selling season" approaches, we'll definitely see a huge peak.
If you're considering buying or selling in the NWAC school district, we would love to hear from you. We know the area well, and out of the 51 homes sold there last month, our Century 21 Bradley Realty office sold 19 of them.
Feel free to give us a call at 260.704.0843. We look forward to hearing from you!
Amanda and Jared Christiansen
Century 21 Bradley Realty Fort Wayne
Your Fort Wayne Realtors