Home Values, Market Overview, Real Estate, Week in Review

Chesterton Indiana Real Estate Recap May 2011

June 9, 2011 by · 1 Comment 

Chesterton Indiana Real Estate Recap May 2011 by Jim SimsThe month of May proved to be successful in the Chesterton Indiana real estate market. With the increasing median price over the previous months of $205,000 to $214,600 in May.

Along with the higher median price for listed homes for sale in Chesterton Indiana real estate market, the number of days a home is listed for sale before selling has decreased from February’s average days on market of 255 to May’s 226 days.

This is a good indication for those selling homes in the Chesterton Indiana real estate that they will be able to sell their home faster for closer to their listed price than in previous months.

Buyers in the Chesterton Indiana real estate market can continue to review the median prices along with the average days on market to determine what position they will be in within the market when they become the seller in the coming years.

At this month’s median price of $214,600 you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,973 square footage

Chesterton Indiana Real Estate Month At A Glance:

  • 44 New Listings
  • 32 Sold Listings 
  • 224 Homes Listed
  • 226 Average Days on Market

Do you or someone you know want to buy a home and/or sell a home in Chesterton Indiana?

Call or text 219-649-1296 or email me (jim@jimsimshomes.com) 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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One Response to “Chesterton Indiana Real Estate Recap May 2011”
  1. April showers definitely brought May flowers to the Chesterton Indiana real estate market. Home buyers better pay attention as an increase in home prices will off set any savings from historic low mortgage rates.

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