Warsaw & Winona Lake,Indiana Real Estate Market Report May 2009
May numbers, of sold single family residence continues the struggle to gain momentum. We ended the month with a 33% decline year to date over 2008 sales figures.
The cooler than normal temperatures for May, certainly did not help entice those looking for a home to venture out. As the weather has improved, so has the activity. We are having a late start to the traditional "busy selling season" but closed out May with 63 homes under contract.
Rates have also started to climb, which is a strong indicator of higher demand on the mortgage side of things.
| May 09 | May 08 | % change | YTD 09 | YTD 08 | % change | |
| # solds | 32 | 45 | -29% | 115 | 172 | -33% |
| Avg. sale price | 111,266 | 165,247 | -33% | 135,808 | 150,773 | -10% |
| Median price |
96,700 | 135,000 | -28% | 110,000 | 129,900 | -15% |
| Avg. D.O.M.* | 175 | 102 | 165 | 114 | ||
| # active listings | 363 | |||||
| # pendings | 63 |
*Days on Market
North Webster Market Report
Syracuse Market Report
If you would like further information or market reports on lakes or communities in Kosciusko County,
contact us directly : Sharon@wawaseerealestate.com Greg@wawaseerealestate.com
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Thinking of buying or selling a home, we would be honored to be of service.
Email or call us anytime @ (574) 457-5018
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