Kosciusko County : Market Report for March 2009

Mortgage and Lending with Ruoff Home Mortgage 234777


 Real estate market in Kosciusko county for the month of March continued to lag behind the previous year.

 The greatest encouraging sign of improvement in our market is the number of current homes under contract through our Multiple Listing Service, is up to 115 and active listings are down to 942.

 Here are the statistics for sold residential homes for March 2009 as posted in the Kosciusko county MLS.

                        March :              2009          vs.           2008


        # of sold Homes -                         46        -                   67

Average sale price  -                 $127,425        -        $122,630

Median sale price   -                    $80,250        -         $109,000

Days on Market   -                         138             -            128


Home activity is picking up significantly for several reasons

The Weather, First Time Home Buyers Tax Credit, Lenders are loosing credit markets, Rates at historic lows.

 Homes are selling is they are priced correctly. If you are considering the sale of your home , we can assist you with a market analysis to determine your homes optimum value.

We can be contacted at Greg@wawaseerealestate.com Sharon@wawaseerealestate.com



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