Home Values, Real Estate News, Week in Review

Portage Indiana Real Estate Recap February 19, 2011

February 19, 2011 by · 1 Comment 

Portage Indiana Real Estate Recap February 19, 2011 by Jim SimsWhether you are buying or selling real estate in the Portage Indiana real estate market, it is important to know the current activity within the market. A great indicator on what price to sell your home or what to purchase a home for is the price per square feet.

When looking at the price per square feet, there will be additional criteria to factor in of course. A couple of these would be the comparable homes in your neighborhood and the condition of the home.

Of the 216 homes listed for sale in the Portage Indiana real estate market, the current price per square feet is $90. This means that for a 2000 square foot home, a reasonable listing price would be around $180,000.  We can then factor in the additional criteria to determine which direction the price would go.

At this week’s median price of $153,278 you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,810 square footage

Portage Indiana Real Estate Week At A Glance:

  • 4 New Listings
  • 10 Sold Listings 
  • 216 Homes Listed
  • 231 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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  1. […] This post was mentioned on Twitter by WelcomeHomeNWI.com, James K Barath, CMPS. James K Barath, CMPS said: Today's Real Estate Reality: Portage Indiana Real Estate Recap February 19, 2011 http://bit.ly/gU0Chf #li #chicago #nwindiana […]

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