Real Estate, Week in Review

Chesterton Indiana Real Estate Recap – December 22nd

December 22, 2010 by · 2 Comments 

Chesterton Indiana Real Estate Recap – December 22nd by Jim Sims

Christmas is finally here, leaving  two more days to get in all of your last minute shopping!

Of the 205 single family homes for sale in the Chesterton Indiana real estate market, 5 homes have been sold, 3 homes were listed, and 34% have lowered the listing price.

As you can see in the chart to the right, the average number of days for a home on the real estate market before selling has slowly increased over the last few months. The trend continued this week increasing the average number of days to 222. With inventory taking longer to sell, it is more likely that home prices will decrease or will sell for less than the listing price.

This week the median list price for a single family home in Chesterton Indiana has dropped from$204,000 last week to $199,999. With this median list price you can expect square footage of 1,930 with 3 bedrooms, 2 bathrooms and a lot size between .25 and .5 acres.

Whether you are buying a home or selling a home, it is important to know the current real estate market activity. With this information, you can be confident that your home is priced to sell or that you are buying a home for the right price.

Contact me today to  find out how the home you are selling or buying compares to other homes for sale in the Chesterton Indiana real estate market.

I wish you all a safe and happy holiday!!

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Jim Sims

Jim Sims is a licensed Realtor with McColly Real Estate. With a Bachelor Degree in Marketing and Management Information Systems from Purdue University Calumet, he loves to leverage the best of today's technology to achieve his clients real estate goals. While Jim facilitates real estate needs throughout Northwest Indiana, he specializes in the Northern Porter County communities of Burns Harbor, Chesterton, Portage and Porter Indiana. Learn more about Jim and visit www.JimSimsHomes.com.

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Comments

2 Responses to “Chesterton Indiana Real Estate Recap – December 22nd”
  1. They always talk about the discounts and bargain basement prices right before Christmas. Had no idea that this also applied to the Chesterton Indiana real estate market. Sounds as if there are some great deals in the Chesterton Indiana real estate market if someone really wanted to pursue their dream of home ownership. Wouldn’t that make a great holiday story?

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