Home Values, Market Overview, Real Estate

Real Estate Market Watch Munster Indiana 9/02/11

September 5, 2011 by · 1 Comment 

 Munster Indiana Market Pulse:

Munster Indiana home prices experienced a Spring price bump up. But  more recently prices have fallen back near their earlier bottom resistance threshold.

Despite the price situation, overall, the market for residential homes in Munster has been strengthening with gradually more homes per week being sold, and the average home still requiring about 6 month to sell. The median price of Munster Indiana homes is currently $229,000, roughly the same plateau it had been at the beginning of the year.  The current market is stable and unremarkable with few changes in any of the fundamental charts.  Prices rallied at the end of June up to a median price of $239,000 but fell back down again in August to the low point they are now and were back in the Spring.

Featured Listing:

8959 Revere Ct Munster Indiana By Steve CardwellThis modest and affordable Cape Cod style home is in the heart of Munster’s Independence Park neighborhood. This hideaway enclave has no thru-streets which enhances the village feel and your privacy. The practical sensibilities of this 1940’s  style home may transport you back to another time, but this is the real deal. With updated  electrical and plumbing, new siding and roof, what’s not to love? As a bonus, there are hardwood floors under the carpeting if you want to go all the way with a retro look. At just $100 per square foot and low taxes, this Featured Listing is a great deal.

Like what you see? Contact me for a preview, or for your own custom Buyer’s Search profile, with listings selected according to your own selection terms. These bulletins are automatically emailed directly to your Inbox for your evaluation each time there is an update in “your” market.

Munster is on the move so take advantage of the economic factors favoring move up buyers;  whatever your price range. If you have outgrown your apartment or condo, this home would make a perfect move. Contact me for complete information.

 

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Steve Cardwell

Steve Cardwell is an Indiana Realtor working with residential buyers and sellers throughout Northwest Indiana. He likes to stay current on the housing market by analyzing real estate trends with a focus on the towns of Highland and Munster Indiana. His broker affiliation is Red Key Realty Leaders in St John, Indiana. Learn more about Steve and visit www.SteveCardwell.com.

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