Home Values, Real Estate, Week in Review

Chesterton Indiana Real Estate Recap January 6, 2011

January 6, 2011 by · 2 Comments 

Chesterton Indiana Real Estate Recap January 6, 2011 by Jim Sims2011 is here and everyone is making their new year’s resolutions. If your resolution is to stop paying rent and own your own home in Chesterton Indiana, you have come to the right place!

When we review this past week’s activity, we can determine that no new homes were listed, while only 2 homes were sold and 13% of homes on the market relisted.  There are currently 199 homes actively for sale in Chesterton Indiana with the median Days On Market of 237 days.

Home buyers and home sellers in the Chesterton Indiana real estate market can reasonably foresee a $204,000 listing price for a home with 3 or more bedrooms, 2 bathrooms, a lot size between .25 and .50 acres and square footage of 1,940.

For those looking to put your home on the real estate market in Chesterton Indiana, this means that there is competition so you will want to make sure you are priced right and your home is ready for prospective home buyers looking in early 2011.

For those home buyers looking in the Chesterton Indiana real estate market, you want to make sure you know what is out there. While you can review most of the information on the Internet, you need to know what to look for in the house, how much other comparable homes in the area are selling for and how to determine how motivated the seller is to sell their home.

Contact me today so I can help you make your new year’s resolution a reality to buy or sell your home today!

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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 January 6, 2011”
  1. Beyond the obvious change from week to week statistics, can you provide any further insight in the Chesterton Indiana real estate market that would help a home buyer feel confident in their buying decision?

  2. Anonymous says:

    Yes, the Chesterton Indiana real estate market is actually holding it’s own in this economy. The median listing price for homes from the beginning of 2010 to the end actually increased. With this, it is taking a little longer to sell the homes but they on average they are still selling at a higher price than a year ago. With the economy we see throughout Northwest Indiana and the rest of the state of Indiana, Chesterton Indiana buyers and sellers can have great faith that now is a great time to buy or sell.

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