The Fort Wayne Housing market is enjoying a 6.33% increase in the median sales price for resale homes through the first 9 months of 2012. The median sales price for September was $109,250, this is up from $97,700 for the same period in 2011. Additionally, sales volume is up 10.38% for January through September of 2012 when compared to January through September for 2011.
Overall, the inventory of homes for sale is at an 8 year low in Allen County. These combined facts finally indicated that the housing market has transitioned into a balanced market after the extended buyers market Fort Wayne has experienced. These positive signs are a welcome relief for homeowners who have waited to make a move.
At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR, visit our website at NorthEasternGroup.com.
North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.
The best part about working at North Eastern Group Realty is the agents! Not only are they the best at helping people buy and sell homes, but they know how to have fun! The 2nd annual putting contest on our world renowned putting green was no exception! Great food, great fun and great friends!
88% of buyers used the internet 87%used a real estate agent 55% looked at yard signs 45% attended open houses 30% used print or newspapers ads Source: NAR Profile of Home Buyers and Sellers 2011