Home Values, Real Estate, Week in Review

Chesterton Indiana Real Estate Recap January 21, 2011

January 21, 2011 by · Leave a Comment 

Chesterton Indiana Real Estate Recap January 13, 2011 by Jim SimsEven with the temperatures reaching single digits this week, there are people still out looking to buy and sell real estate in Chesterton Indiana.

We are still look at the median size home in Chesterton Indiana being 3 bedroom, 2 bathroom, 1944 square feet, with a lot size between .25 – .50 acres. This week we do see the median price increasing to $208,900. Once we see this median price stabilize over the course of a few weeks, we may see a shift going from being a buyers market to a sellers market.

While this would be a great sign to see, the previous months show us a great deal of flexibility in the median price in the Chesterton Indiana real estate market from week to week.

When we take a look at all homes in the Chesterton Indiana real market for sale, we can break them into 4 groups or quartiles. This will show us in different price ranges what to expect as far as price, square footage, bedrooms, etc.

The top half (2 higher quartiles) currently have 93 homes listed for sale and has a median price starting at $249,900. The bottom half (2 lower quartiles) have 94 homes listed for sale with a median price starting at $115,00.

In the Chesterton Indiana real estate market, you can find the variety of 186 homes listed for sale in Chesterton Indiana within any budget you have can afford.

Let me help you buy or sell a home 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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