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Valparaiso, Indiana Forest Park Home Sales Rebound in 2009 - 11/30/09 10:14 AM
While days-on-market has increased, sales of single family homes in the Valparaiso (Valpo), Indiana neighborhood of Forest Park took an upswing in 2009 YTD over 2008 numbers.
GNIAR MLS Data for the period Jan. 1 thru Nov. 29 indicates:
2009 Home Sales 7 homes at $160,000 median and Ave. DOM of 146 Days
2008 Home Sales 5 homes at $153,000 median and Ave. DOM of 84 Days
Currently there are 7 homes on the market, indicating about a 12 month supply of homes in Forest Park.
Forest Park homes are selling just below the median price of $180,000 for the Valparaiso home market, as the lower … (0 comments)
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2009 YTD Market Data for Chandana Point in Valparaiso, Indiana - 11/30/09 09:48 AM
The Chandana Point neighborhood of Valparaiso, Indiana sits near the intersections of Calumet Avenue and Country Club Road on the near northside. Homes range in assessed value from the mid $200Ks to over $500K. Valpo is located in Porter County, Indiana.
The 2009 market for homes in the Chandana Point subdivision is similar to that of 2008, however some improvement is shown.
For the period January 1 thru November 29, the data indicates that the market has slightly improved:
2008 2 Homes Sold at median price of $284,000 after 163 Ave. Days on Market
2009 2 Homes Sold at a median price of $379,000 after … (0 comments)
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Bo Jackson and Crown Point Invest to Build $16 Million Athletic Facility - 11/25/09 08:27 AM
Bo Jackson Elite Sports and The Crown Point Parks and Recreation Department have announced a plan to build a sports facility by 2011. The facility will be over 160,000 square feet and house soccer fields, basketball courts, softball fields, football fields, and volleyball courts. Located near the intersection of I-65 and 109th Avenue in Crown Point, but is expected to draw residents and visitors from all over Northwest Indiana and Chicagoland for special events.
Developers in this Lake County region continue to see speculation in commercial real estate around this new interchange that will serve the region. This will spur construction … (0 comments)
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Northwest Indiana Home Sales up nearly 12% in October: Porter County Even Stronger - 11/25/09 07:57 AM
According to the Greater Northwest Indiana Association of REALTORS and based on supporting MLS data, sales of existing single family homes in the region increased nearly 12 percent in October 2009 over the same period last year.
Home values also showed signs of a rebound as the median house price rose over 4%. Many credit the recent homebuyer tax credit and its pending expiration with adding enough buyers to the marketplace. Since Spring of 2009, many REALTORs have assisted first time buyers and those re-entering the market after 3 years to "cash-in" on the $8,000 credit in Northwest Indiana, which includes Porter, … (0 comments)
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Northwest Indiana Year-to-Date Home Sale Trends - 11/22/09 11:21 AM
The year-to-date home sales data in Northwest Indiana reflect some stability in the market.
According to the reports generated from the GNIAR MLS and Rappatoni system thru October 12, 2009, Porter County and Valparaiso home sales are both holding firm at the median house price levels. While Valparaiso's median house price dropped slightly from $187,000 to $183,700 from 2008 to 2009, Porter County's median price was statistically unchanged at $168,000.
Sellers still need to show patience with the selling process and price right from the start, as Days on the Market are going up in all price ranges. The number of single family detached home … (0 comments)
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