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MARKET REPORT - FIRST QUARTER 2008 - PORTER COUNTY, IN - Residential Real Estate SOLD.

By
Real Estate Broker/Owner with F.C.Tucker 1st Team Real Estate

Porter County Indiana Real Estate Markets differ by Location. In comparing Multiple Listing Service ( MLS ) data** for Closed Sales in the First Quarter of this year verses last, we noted the following for Porter County, Indiana Residential Sales.

Porter County Cities and Towns include:Beverly Shores, Burns Harbor, Chesterton Dune Acres, Ogden Dunes, Kouts, Portage, Porter, Town of Pines, South Haven, Valparaiso, and select parts of Hebron, Westville, Hobart and Crown Point.

These cities and towns are located in the following TOWNSHIPS : Boone, Center, Jackson, Liberty, Morgan, Pine, Pleasant, Portage, Porter, Union, Washington and Westchester.

Please note that Residential Properties include:

Single Family Home / Condo / Town Houses / Half Duplex

The Number of SOLD Residential Properties this year from 1/1/08 - 4/30/08 = 448

The Number of SOLD Residential Properties from same time last year 1/1/07 - 4/30/07 = 610

This is a decrease of approx. 27 %

Supply and Demand are Factors that Effect the Real Estate Market as well. Take a Look at these numbers:

  • Total Porter County Residential Properties Currently ACTIVE on today's MLS = 1322
  •  TOTAL Porter County Residential Properties SOLD in all of 2007 = 2102

That's an average of approx.175 Residential Properties Sold per month OR

a 7.5 month SUPPLY of Residential Properties on the Market in Porter County, IN

NOW IS A GREAT TIME To Buy!

Interest Rates are Low and there are plenty of Homes Listed to Chose From!

Please feel free to Contact us @ 219-405-1232 or, click the below to read / subscribe to our email newsletter with valuable Relocation Information.

Jeff & Grace Safrin REALTORS - "Spouses Selling Houses' TM

F.C. Tucker Advantage Realty

Serving Lake County, Porter County, La Porte County, Starke County, Jasper County and Newton County in NW Indiana.

Jeff and Grace Safrin

**Data Source = Greater Northwest Indiana Association of REALTORS Multiple Listing Service- All information herein has not been verified and is not guaranteed. Rapattoni Corporation. All rights reserved. Generated: 5/2/2008 12:24 PM

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