Homes prices for Warsaw Indiana remained pretty much even for the 2008 year. Which is really a breath of fresh air for all the negatives that are out there around our nation concerning falling home prices.
- Nationally the average sale price for single family residence dropped by 9.3% to $ 198,600.
- Locally the average sale price for single family residence of non water properties only fell 1% to $141,473.
- Warsaw area water properties were off the most by 24% to $220,841 but the fact that 2007 set a record of $292,222 for Warsawwater properties needs to be considered. 2008 was only off 8% from the 5 year average of water properties for Warsaw.
- County wide Kosciusko county saw a decrease in overall homes prices by 6% to 137,565.Still far below the national average.
Below I have included 2 charts that show the sales of Warsaw single family residence for both Water and non-water properties. These charts show how stable the home prices have been over the last couple of years that nationally have been way off.
Comments(0)