Existing Home Sales, Home Values, Real Estate

Chesterton Indiana Real Estate Recap January 2011

February 10, 2011 by · 1 Comment 

Chesterton Indiana Real Estate Recap January by Jim SimsThe Blizzard of 2011 did not stop buyers and sellers in the Chesterton Indiana real estate market from taking the next steps in their lives!

The median price for a home listed in the Chesterton Indiana real estate market has fluctuated quite a bit throughout the month of January with a low of $199,900 and a high of $209,900. This leaves us with a median price of $205,000 for the month.

Even with the price fluctuating the days on market for a home to sell in Chesterton Indiana increased 19 days from the beginning of the month to the end. This has not stopped the inventory of listed homes from going down to 187 from a starting inventory of 199.

As we see the inventory levels drop with sales increasing, we will see the market change from a buyer’s market to a seller’s market.

With this month’s median price of $205,000 in Chesterton Indiana you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,940 square footage

Chesterton Indiana Real Estate Month At A Glance:

  • 32 New Listings
  • 47 Sold Listings 
  • 187 Homes Listed
  • 248 Average Days on Market

Thinking about buying or selling or know someone who is?

Call, text or email me to help you get started!

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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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