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 192 Ave. Days on Market

Noted are a higher median sales price and lower average days on market. Currently, there are 9 homes on the market in Chandana Point, with a median price of $379,000.  Months supply of inventory remains very high with the high supply and current lower demand levels.  All the homes in Chandana sit above the median house price in Valparaiso, which is currently around the $180,000 price mark. 

This data has been provided by Matt Evans of Keller Williams Realty Leaders in Northwest Indiana, and is based on MLS statistical data generated in the Greater Northwest Indiana Association of REALTORS MLS system. 

For more information on the market in your local area of northwest Indiana, or on the value of your home, contact Matt Evans, Broker Associate with Keller Williams Realty at 219-241-8401 or matt@themattevansteam.com.