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Porter County Indiana Sees 46% Increase in September Home Sales

By
Real Estate Agent with RE/MAX Pace Realty

A bright light in the housing market, Porter County Indiana realized a 46% increase in home sales this September 2011 over September 2010 numbers. Closed home sales grew from 109 units to 160 units in this Northwest Indiana county according to the Indiana Association of REALTORS. The 51 unit increase was the largest of all counties in Indiana. Other bright trends include a decrease in listing inventory, a decrease in months supply of inventory, and an increase in the sales price vs. original list price percentage difference. 

Porter Co., Indiana is at the southern end of Lake Michigan about 1 hour from Chicago, Illinois. Valparaiso, Chesterton, Porter, Portage, Kouts, and Hebron are all located in Porter County. The county has seen good relocation numbers possibly associated with a good and varied economy, lower property taxes than neighboring counties and states, several regional universities within it's boundaries, as well as the construction of a new Porter Hospital.

Posted by

Matt Evans

Broker Associate, REALTOR

RE/MAX Pace Realty Valparaiso, Indiana

Comments(1)

Steve Dalton
219-465-8352 - Valparaiso, IN
Northwest Indiana Home Builder
The employment market has definitely improved as well over the last few months Matt. I'm looking for a pretty solid construction and job growth season in 2012 to help a full rebound for values of homes in our area.
Oct 30, 2011 02:46 AM