Northwest Allen County (Fort Wayne, IN)
By Brian Kuhns, Fort Wayne Real Estate by Brian Kuhns
(Coldwell Banker Roth Wehrly Graber)
    The first half of the 2014 residential Real Estate market in Northwest Allen County dug itself out of the never ending winter with upward pressure on pricing due to lower than normal inventory.  The median sales price rose 7% year over year and nearly 5% since the end of December.  The number of homes sold was down slightly during the first half as a result of lower inventory numbers.      Data compiled for this study is for single family, villa, and condo/townhomes within Perry, Eel River, and Lake townships in Allen county Indiana sold between January 1st and June 30th 2014.        Number of Homes sold in the 1st Half of 2013 in Northwest Allen County:  377      Number of Homes sold in the 1st Half of 2014 in Northwest Allen County:  367        Avg Days on Market for Homes sold i...
Comments 0
By Brian Kuhns, Fort Wayne Real Estate by Brian Kuhns
(Coldwell Banker Roth Wehrly Graber)
               The question I hear a lot of lately is whether or not now is the right time to be putting a home up for sale.  Sellers are unsure whether buyers are even looking this time of year and with the Holidays approaching, many people feel that the added stress to maintaining a show ready home during this already frantic time of year may be taking on too much      It is my opinion that now can be a great opportunity to sell your home.  Inventory is typically down this time of year and as long as Holiday decorations are tastefully done, sellers can take advantage of this time of year to find a buyer looking to purchase while interest rates are still historically low but have fewer choices in their home search.     Below are two charts that demonstrate the percentage of homes that ...
Comments 9
By Brian Kuhns, Fort Wayne Real Estate by Brian Kuhns
(Coldwell Banker Roth Wehrly Graber)
       The Northwest Allen County 3rd Quarter 2012 Market Report consists of single family site built homes,villas,condos, and townhouses located within Perry, Lake, and Eel River townships in Allen county, Indiana.      The data collected is from the Upstate Alliance of Realtors MLS otherwise known as UPSTAR MLS and is not guaranteed but considered reliable. Information collected is for the time period of the Months July,August,and September of 2011 and 2012 for comparative purposes. This study does not include private sales or those new construction homes not reported to the MLS.   Number of Homes Sold during the 3rd Quarter of 2011 in NW Allen County:  161 Number of Homes Sold during the 3rd Quarter of 2012 in NW Allen County:  218   Average Days on Market for Homes sold during the 3...
Comments 1
Fort Wayne, IN Real Estate Professionals