Real Estate, Week in Review

Chesterton Indiana Real Estate Recap – December 29th

December 29, 2010 by · 2 Comments 

Chesterton Real Estate Recap - December 27th by Jim SimsWell, the Christmas holiday and came and passed and now we are all looking forward to that 2nd short work week that New Year’s Day brings.

Even though last week was cut short due to the holiday, you would not be able to tell. Last week there were 10 single family homes sold and 6 new homes for sale in Chesterton Indiana.

While new homes are entering the Chesterton Indiana real estate market, existing homes are sometimes taking 6 months or longer to sell. As you can see in the chart, the median price for homes have decreased over the previous months. 

This week the median price started it’s way back up to $204,000. Over the last week, 34% of the homes for sale have reduced the price while 14% have relisted the home.

You can expect to get approximately 1,940 square feet, 3 bedrooms, 2 bathrooms on a lot between 0.25 and 0.50 acres in Chesterton Indiana for the current median price of $204,000.

There are currently 201 homes listed for sale in the Chesterton Indiana market. Of these, approximately 50% are listed under $174,950 with 25% priced below $110,000.

Chesterton Indiana has many ammenities to offer such as parks, shops, restaurants, trails, and the outstanding Duneland School System. With home prices where they are, now is a great time to buy or sell.

Contact me for more information about  how the home you are looking to buy or home you are looking to sell compares to other homes for sale in Chesterton Indiana.

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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 29th”
  1. If home prices are still on the down trend in Chesterton Indiana, does it still make sense for homeowners to try sell their home in the Chesterton Indiana real estate market right now?

  2. Jim Sims says:

    Absolutely James! Now is still a great time for sellers to put their homes on the market in Chesterton Indiana. With prices where they are, many buyers are out looking.

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