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home prices: 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)

home prices: 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)