Steve Jamrok
Realtor, GRI
Realty Executives Premier
Good Morning! It's a great day to take a look a some market stats. Today, I'm going to check out Lowell, IN. Let's see how their first month of the year compared to last year.
??January 2019
?? 20 Homes Sold
?? Average Sales Price- $220,199
?? Avg. Price per square foot- $107
??Pending Home Sales (currently under contract)- 50
??January 2018
?? 26 Homes Sold
?? Average Sales Price- $233,504
?? Avg. Price per square foot- $106
While the average sales price is down month over month, there were less homes sold and the average price per square foot was up slightly. What really intrigues me is the amount of homes currently under contract waiting to close. This is in large part due to the amount of new construction happening in your community. It will be interesting to see the effect of the average sales price as these homes start to close in the coming months.
Click the link below ?? to search the Lowell Market and if you are thinking of buying or selling, give me a call, 219-306-0333. I'd love to talk to you.
