Real Estate Markets differ by Location. In comparing Multiple Listing Service ( MLS ) data** for Closed Sales in the Second Quarter of this year verses last, we noted the following for NEWTON COUNTY, INDIANA.
Cities and Towns in Newton County, IN include : Brook, Goodland, Kentland, Lake Village, Morocco, Mount Ayr, and Roselawn.
TOWNSHIPS in Newton County, IN are : Beaver, Colfax, Grant, Iroquois, Jackson, Jefferson, Lake, Lincoln, McClellan, and Washington.
Please note that Residential Properties include:
Single Family Home / Condo / Town Houses / Half Duplex
The Number of SOLD Residential Properties this year from 5/1/08 thru 8/30/08 = 47 (this is up from 31 Sold Residential properties in Newton County in the 1st quarter of 2008) The Number of SOLD Residential Properties from same time last year 5/1/07 thru 8/30/07 = 53
This is a decrease of ONLY approx. 11 %
(a slight improvement in this market as 1st quarter 07 vs 08 was 16%)
Supply and Demand are Factors that Effect the Real Estate Market as well. Take a Look at these numbers:- Total Newton County Residential Properties Currently ACTIVE on today's MLS = 134 - (exactly the same as 1st quarter total -may indicate stability) .
- TOTAL Newton County Residential Properties SOLD in 2007 = 122
That's an average of approx. 10 Residential Properties Sold per month OR
13 month SUPPLY of Residential Properties on the Market in Newton County, IN *
Average Sales Price to List Price for all 2007 Newton County Residential SOLD averaged 97.79 % *!
*Homes in Newton County are selling at a great average list to ask price IF you are Patient!
If you are looking to BUY or Sell a Home in Newton County, IN
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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.
**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: @ approx. 9/19/2008 3:09 PM
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Disclaimer: The opinions expressed by those providing comments are theirs alone, and do not reflect the opinions of Jeff and Grace Safrin of F.C. Tucker Advantage Realty. Jeff and Grace Safrin and F.C. Tucker Advantage Realty are not responsible for the accuracy or content provided.
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