Real Estate

Chesterton Indiana Real Estate Recap June 16, 2011

Buying a home or selling a home in the Chesterton Indiana real estate market? One of the things to look at is the price per square feet of other comparable homes in your market.

The current price per square foot in Chesterton Indiana is $115.00. With this information buyers in the Chesterton Indiana real estate market can determine what size home they can afford.

For example, for those looking at a 3 bedroom home with 2 bathrooms, you can determine the approximate square footage based on the size of the rooms you are looking at. If the bedrooms are larger size then the square footage of the home may be larger as well.

If we look at the median square footage of 1940 and accompany this with the median price per square foot of $115.00, we can determine that the approximate price of the home would be in the range of $223,100.

At this week’s median price of $214,900 you can expect:

• 3 Bedrooms
• 2.5 Bathrooms
• .25 – .50 acres
• 1,940 square footage

Chesterton Indiana Real Estate Week At A Glance:

• 14 New Listings
• 5 Sold Listings
• 233 Homes Listed
• 213 Average Days on Market

This is Chesterton Real Estate Recap June 16, 2011

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!

Chesterton Indiana Real Estate Recap May 2011

The 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!

Why You Should Always Work With a REALTOR®

Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are nine reasons why you should always work with a REALTOR®. 

1. You’ll have an expert to guide you through the process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
2. Get objective information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
3. Find the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.
4. Benefit from their negotiating experience. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
6. Real estate has its own language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.
7. REALTORS® have done it before. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. And even if you’ve done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
8. Buying and selling is emotional. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, home buying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
9. Ethical treatment. Every member of the NATIONAL ASSOCIATION of REALTORS® makes a commitment to adhere to a strict Code of Ethics, which is based on professionalism and protection of the public. As a customer of a REALTOR®, you can expect honest and ethical treatment in all transaction-related matters. It is mandatory for REALTORS® to take the Code of Ethics orientation and they are also required to complete a refresher course every four years.

Are you ready to partner with a dedicated REALTOR® who can help you along the path to homeownership? Call or text 760-575-4586 to connect with me, Cathy Mattan, your Crown Point Indiana real estate expert.

 

*Reprinted from REALTOR® magazine (REALTOR.org/realtormag) with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2008. All rights reserved.

Portage Indiana Real Estate Recap May 19, 2011

What price should a buyer in the Portage Indiana real estate market pay for a new home?

What price should a seller in the Portage Indiana real estate market sell their home at?

Both buyers and sellers in the Portage Indiana real estate market should be looking at the median listing price for these answers. The market is broken down into 4 quadrants which is broken down by the price accompanied with number of bedroom, bathrooms, square footage, etc.

For those selling a home or buying a home in the Portage Indiana real estate market, you will see the median list price of $150,900 comes with 3 bedrooms, 2 bathrooms, and around 1780 square feet.

As you can see in the chart, the house you are looking to purchase will increase in price by the amount of square feet it has along with the bedrooms and bathrooms offered.

At this week’s median price of $150,900 you can expect:

• 3 Bedrooms
• 2 Bathrooms
• .25 – .50 acres
• 1,780 square footage

Portage Indiana Real Estate Week At A Glance:

• 12 New Listings
• 11 Sold Listings 
• 229 Homes Listed
• 224 Average Days on Market

This is Portage Indiana Real Estate Recap May 19 2011

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

Call or text 219-649-1296 or email me (jim@jimsimshomes.com) to help you get started!

Chesterton Indiana Real Estate Recap May 18, 2011

Buying a home or selling a home in the Chesterton Indiana real estate market? One of the things to look at is the price per square feet of other comparable homes in your market.

The current price per square foot in Chesterton Indiana is $116.00. With this information buyers in the Chesterton Indiana real estate market can determine what size home they can afford.

For example, for those looking at a 3 bedroom home with 2 bathrooms, you can determine the approximate square footage based on the size of the rooms you are looking at. If the bedrooms are larger size then the square footage of the home may be larger as well.

If we look at the median square footage of 1976 and accompany this with the median price per square foot of $116.00, we can determine that the approximate price of the home would be in the range of $229,216.

At this week’s median price of $214,999 you can expect:

• 3 Bedrooms
• 2 Bathrooms
• .25 – .50 acres
• 1,976 square footage

Chesterton Indiana Real Estate Week At A Glance:

• 10 New Listings
• 6 Sold Listings   
• 213 Homes Listed
• 234 Average Days on Market

This is Chesterton Real Estate Recap May 18, 2011

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!

Portage Indiana Real Estate Recap May 12 2011

Buying a home or selling a home in the Portage Indiana real estate market? One of the things to look at is the price per square feet of other comparable homes in your market. 

The current price per square foot in Portage Indiana is $92.00. With this information buyers in the Portage Indiana real estate market can determine what size home they can afford.

For example, for those looking at a 3 bedroom home with 2 bathrooms, you can determine the approximate square footage based on the size of the rooms you are looking at. If the bedrooms are larger size then the square footage of the home may be larger as well.

If we look at the median square footage of 1778 and accompany this with the median price per square foot of $92.00, we can determine that the approximate price of the home would be in the range of $163,576.

At this week’s median price of $151,900 you can expect:

• 3 Bedrooms
• 2 Bathrooms
• .25 – .50 acres
• 1,778 square footage

Portage Indiana Real Estate Week At A Glance:

• 9 New Listings  
• 12 Sold Listings 
• 228 Homes Listed
• 220 Average Days on Market 

This is Portage Indiana Real Estate Recap May 12 2011

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

Call or text 219-649-1296 or email me (jim@jimsimshomes.com) to help you get started!

Chesterton Indiana Real Estate Recap May 11 2011

What price should a buyer in the Chesterton Indiana real estate market pay for a new home?

What price should a seller in the Chesterton Indiana real estate market sell their home at?

Both buyers and sellers in the Chesterton Indiana real estate market should be looking at the median listing price for these answers. The market is broken down into 4 quadrants which is broken down by the price accompanied with number of bedroom, bathrooms, square footage, etc.

For those selling a home or buying a home in the Chesterton Indiana real estate market, you will see the median list price of $214,999 comes with 3 bedrooms, 2 bathrooms, and around 1980 square feet.

As you can see in the chart, the house you are looking to purchase will increase in price by the amount of square feet it has along with the bedrooms and bathrooms offered.

At this week’s median price of $214,999 you can expect:

• 3 Bedrooms
• 2 Bathrooms
• .25 – .50 acres
• 1,980 square footage

Chesterton Indiana Real Estate Week At A Glance:

• 7 New Listings  
• 10 Sold Listings 
• 209 Homes Listed
• 229 Average Days on Market

This is Chesterton Indiana Real Estate Recap May 11 2011

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!

Portage Indiana Real Estate Recap April 2011

For the month of April 2011, 56 homes were listed for sale in Portage Indiana and 44 homes were sold in Portage Indiana.

The median real estate list price for the month of April 2011 in Portage Indiana was $149,500 which is a slight decrease from previous months but an increase over last month.

If you are looking to buy a home in the Portage Indiana real estate market, you have 231 homes listed for sale to choose from. For those thinking about selling their home in Portage Indiana, now is a great time to enter the market to capture the buyers that are currently out looking at homes for sale.

At this month’s median price of $149,500 you can expect:

• 3 Bedrooms
• 2 Bathrooms
• .25 – .50 acres
• 1,776 square footage

Portage Indiana Real Estate Month At A Glance:

• 56 New Listings
• 44 Sold Listings 
• 232 Homes Listed
• 219 Average Days on Market

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

Call or text 219-649-1296 or email me (jim@jimsimshomes.com) to help you get started!

Chesterton Indiana Real Estate Recap April 2011

The month of April has brought almost twice as many listings to the Chesterton Indiana real estate market as sold listings, increasing the number of homes listed for sale from 188 to 213.

This is an indicator that it is time for buyers to make the plunge into home ownership. With 55 homes listed for sale this month, in addition to the 158 homes already listed for sale in the Chesterton Indiana real estate market buyers are sure to find what they are looking for.

At this month’s median price of $213,750 you can expect:

• 3 Bedrooms
• 2 Bathrooms
• .25 – .50 acres
• 1,949 square footage

Chesterton Indiana Real Estate Month At A Glance:

• 55 New Listings
• 30 Sold Listings 
• 213 Homes Listed
• 245 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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