Bristol, IN Market Report - July, 2016.
Bristol, in Elkhart County, is located in extreme north central Indiana. The July report of 2016, shows the market with 8 residential homes sold, compared to 11 sold in 2015. The average Days on Market for the period was 76, which is less than the 2015 amount of 81 DOM.
The average Listing Price for 2016 increased by 2.4% over 2015.
The average Selling Price for 2016 increased by 9.6% over 2015.
The average Days on Market for 2016 decreased by 6.2% over 2015
Disclaimer: The figures shown, do not include “For Sale by Owner” homes and only homes that were entered into the MLS system.
The market in Elkhart County, with the inventory declining, buyers are still looking for homes to fit their needs. Now is the time to sell a home in this area, as offers have been near the asking price.
Buyers are taking advantage of the low interest rates and the Sellers are taking advantage of the lack of competition in the selling market.
Now is the time to Sell and Buy a home in Bristol, Indiana
Call Friends & Neighbors Real Estate for the latest Real Estate information in Bristol.
If you know someone who wants to Buy or Sell a Home in
Elkhart, St Joseph, LaGrange and Kosciusko Counties, in Indiana
Call me: Larry Johnston, 574-304-7577
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Friends & Neighbors Real Estate
and Elkhart County Subdivisions, LLC, Elkhart, Indiana,
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