To date, sales are still down from last year. Buyers have an edge in todays current market property sales are down from last year in terms of volume sold but up slightly in terms of average sales price.
January - May 2007 Residential Statistics

2006" --- "2007" --- % CHANGE
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# Sold Units: 1,809 --- 1,633 ---- (-10 %)
Total Dollar Volume:$207million--$192Million - (-8 %)
Average Sale Price: $114,558 -----$117,077 -- + 2 %
Median Sale Price: $92,000 ---- $94,500 -- + 3 %

More info at www.JesseLimon.com


Approximate Location Boundaries: Michiana

Location Characteristics: The Michiana marketplace is still very affordable relative to most marketplaces, as well as renting. South Bend, Mishawaka, Granger are areas that sees very consistent appreciation over time, but nothing unaffordable.

We have a fantastic array of seasons, sun in the summer, leaves in the fall, flowers in the spring, and yes- snow in the winter. Fun for all ages!