Market Overview, Real Estate, Week in Review

Chesterton Indiana Real Estate Recap July 2011

August 5, 2011 by · 1 Comment 

Chesterton Indiana continues to prove that the real estate market is not in a continuing downslide still.

Median home prices have increased once again this to $219,900. This is another $5,000 median price increase over July 2011.  

While the median prices of Chesterton Indiana homes are increasing, the average days it takes to sell in the Chesterton Indiana real estate market has increased from 218 on average to 225. Even though it takes a little longer to sell, it is selling for a higher price which is good for sellers and buyers that may look to sell in the future.

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 $219,900 you can expect:

  • 3 Bedrooms
  • 2 Bathrooms
  • .25 – .50 acres
  • 1,995 square footage

Chesterton Indiana Real Estate Month At A Glance:

  • 36 New Listings
  • 28 Sold Listings 
  • 224 Homes Listed
  • 225 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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Comments

One Response to “Chesterton Indiana Real Estate Recap July 2011”
  1. Thanks for the clarification Jim about the Chesterton Indiana real estate market. Glad to know that our local real estate markets are not as hard hit as the national headlines would like everyone to believe. I know from a lenders perspective that our local real estate market is doing just fine based on all the home buyer applications in process right now.

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