Meadow Glen Estates - Market Report Comparison for 2013 - 2014

By
Real Estate Agent with Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC RB14037276

 Meadow Glen Estates -

Market Report Comparison for 2013 - 2014.

Meadow Glen Estates, in Baugo Township, is located in the northwest part of Elkhart County near the Elkhart - St. Joseph County Line on the north side of Old US-33 (Lincolnway) about 1/2 mile east of West County Line Road (Ash Road).  Turn North on Meadow Glen Drive.  The Street takes you straight into the subdivision.

In 2013 , the average List Price was $104,599.

In 2013, the average Sold Price was $104,600.

Even though the the Listing prices fluctuated greatly from $75,000 to $126,000, the average virtually stayed the same.

In 2014,  the average List Price was $116,250.

In 2014, the average Sold Price was $113,500.

The 2014 figures were more consistent with less that a $3,000. difference.

 

Days on Market for 2013 was 60

Days on Market for 2014 was 81

(Ranged from 22 days to 141 days)

 

The Number of Homes Sold in 2013 was 6

The Number of Homes Sold in 2014 was 2

(A drop in sales by 4 homes or 66%)

The overall sales for 2014, reflects an increase of home prices, but with the drop in inventory shows it is definitely a Sellers Market. The Days on Market increased, possibly due to the Buyers still looking for that "Big Deal" that is no longer the normal.

NOTE: The figures in this report are directly related to the the information entered into the MLS, by each of the Listing Agents, which may cause the totals to not be accurate.  The totals also do not include For Sale By Owner figures.

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If you know someone who wants to Buy or Sell a Home in Elkhart County, Indiana,

have them call me:

Larry Johnston, 574-304-7577

Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC

Elkhart, Indiana

or email larry@larry-johnston.com

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Rainmaker
2,441,861
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Meadow Glen and Meadow Glen West Subdivisions were just starting to sell lots and build new homes as the market decided to crash.  I hope soon they will start back up!

Jan 29, 2015 10:57 AM #1
Rainmaker
6,213,017
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your market reports. 

Have a wonderful weekend.

Jan 30, 2015 09:07 PM #2
Rainmaker
1,682,789
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I agree, they need to start building again to help the economy in the area.

Feb 07, 2015 10:53 AM #3
Rainmaker
1,682,789
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi Roy.  Thanks for stopping by to comment on the market report.

Feb 07, 2015 10:53 AM #4
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Rainmaker
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Larry Johnston

Broker,Friends & Neighbors Real Estate, Elkhart,IN
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