Existing Home Sales, Home Values, Real Estate

Portage Indiana Real Estate Recap February 7, 2011

February 10, 2011 by · 1 Comment 

Portage Indiana Real Estate Recap February 7, 2011 by Jim SimsThroughout last week in Portage Indiana, even through the aftermath of the snow storm, people were getting ready for their Super Bowl parties. Now that the Super Bowl is over, it is time to start planning for next year’s festivities.

Where better to have a Super Bowl 2012 party than your new home in Portage Indiana?

The Portage Indiana real estate market has a wide variety of homes listed for sale. There are many price levels to choose from. In the previous week, prices have remained steady with an average asking price of $90.00 per square foot.

The market can be segmented into 4 quartiles to determine what to expect within your different price range.

For example, if you know you can afford and are pre-approved for a home loan for $150,000, we can determine that you can find your home with 3 bedrooms, 2 bathrooms with square feet between 1,500 and 2,000.  

Within these quartiles, you will find 111 homes listed for sale in the Portage Indiana real estate market. The prices for these homes vary from $130,000 to $180,000.   

At this week’s median price of $154,228 you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,796 square footage

Portage Indiana Real Estate Week At A Glance:

  • 8 New Listings
  • 6 Sold Listings 
  • 222 Homes Listed
  • 234 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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