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.