Northwest Indiana July Housing Stats

Real Estate is local. Values are determined by local market trends and demands. Too often I speak with buyers and sellers who focus on the national picture instead of what is happening in their own back yard. After doing some research, I can see why buyers and sellers focus on the national picture. That is all they see. At best they may get housing stats from their state and even these are not a good gauge for your local market.

Here are some housing stats from some Northwest Indiana markets. While the housing picture is not all rosy, there are some encouraging signs. Crown Point, Schererville and Valparasio all have year to date median sale prices that are above last year! That's good news!

Don't see your city or town. Call, 219-306-0333, or email me, steve@stevejamrok.com, and I will be happy to discuss your local market!


Crown Point-(DOM=Days on Market)

01/01/10-07/31/10= 236 Homes sold/ Median Sale Price- $161,500/ Avg. DOM- 119

01/01/11-07/31/11=207 Homes Sold/ Median sales Price-$170,000/ Avg. DOM- 130

07/01/11-07/31/11= 30 Homes Sold/ Median Sales Price-$159,950/ Avg. DOM- 146

Saint John-

01/01/10-07/31/10= 77 Homes Sold/ MSP-$240,000/ Avg DOM- 124

01/01/11-07/31/11= 94 Homes Sold/ MSP- $235,971/ Avg DOM- 120

07/01/11-07-31-11 = 16 Homes Sold/ MSP-$228,000/ Avg DOM- 116

Dyer-

01/01/10-07/31/10= 100 Homes Sold/ MSP- $186,500/ Avg. DOM- 108

01/01/11-07/31/11= 107 Homes Sold/MSP- $178,084/ Avg DOM- 124

07/01/11-07/31/11= 14 Homes Sold/ MSP-$180,042/ Avg DOM- 106

Schererville-

01/01/10- 07/31/10- 176 Homes Sold/ MSP- $180,500/ Avg DOM- 108

01/01/11-07-31/11- 155 Homes Sold/ MSP- $200,000/ Avg DOM- 137

07/01/11-07/31/11- 23 Homes Sold/ MSP- $205,000/ Avg DOM- 118

Valparaiso-

01/01/10-07/31/10= 314 Homes Sold/ MSP- $166,250/ Avg DOM- 119

01/01/11-7/31/11= 301 Homes Sold/ MSP-$167,000/ Avg DOM- 113

07/01/11-07/31/11= 68 Homes Sold/ MSP- $189,950/ Avg DOM- 109

Cedar Lake-

01/01/10-07/31/10=93 Homes Sold/ MSP- $145,750/ Avg DOM- 134

01/01/11-07/31/1= 85 Homes Sold/ MSP-$143,000/ Avg DOM- 122

07/01/11-07/31/11=5 Homes Sold/ MSP- $140,000/ Avg DOM- 169


Demotte-

01/01/10-07/31/10=59 Homes Sold/ MSP- $144,500/ Avg DOM-149

01/01/11-07/31/11=53 Homes Sold/ MSP-$139,900/ Avg DOM- 113

07/01/11-07/31/11=8 Homes Sold/ MSP- $162,500/ Avg DOM- 156

Merrillville-

01/01/10-07/31/10= 232 Homes Sold/ MSP- $109,500/ Avg DOM- 99

01/01/11-07/31/11= 210 Homes Sold/ MSP- $94,700/ Avg DOM- 105

07/01/11-07/31/11= 38 Homes Sold/ MSP- $109,000/ Avg DOM- 89