Fort Wayne Real Estate Weekly Market Report - 8/13 - 8/19/2012. Here is a look at what happened last week in the Fort Wayne real estate market.
Homes Sold: 74
Average List Price: $153,415
Average Sales Price: $148,297 (97% of list price)
Median List Price: $115,950
Median Sales Price: $114,000
Lowest Sales Price: $8,000 (3 BR 2 Bath 1,346 Sq Ft Home that was a short sale and needed more than a little TLC!)
Highest Sales Price: $547,500 (5 BR 5.5 Bath 3,349 Sq Ft Home in Heron Preserve Subdivision)
Average Days On Market: 84
What does this report tell us about real estate in Fort Wayne? It's moving. 74 homes sold in a week is a very good sign. The days on market last week is up 20 from last week. That's not a good thing, but over the past few years the average days on market in Fort Wayne has been closer to 100.
If you are considering selling or buying a home in Fort Wayne, we would love to discuss your situation and help you out. Feel free to give us a call!