Northwest Indiana Year End Market Stats

 "How's the Real Estate Market?"  This is one of the most frequent questions I get asked as a Realtor.  So, today, I would like to share with you the Year End Stats for single family home sales in our Northwest Indiana Communities.  I included 2017 vs 2018 to give us a comaprison. Overall, it was a great year as average home prices were up in every community. The average days on market also decreased acrossed the board. We are still dealing with a lack of inventory as eveidenced by the drop in the number of homes sold. 

Crown Point-

2018- Avg. Sales Price- $256,062/ 602 Units Sold/ 65 Days on Market

2017- Avg. Sales Pirce- $244,538/ 604 Units Sold/ 66 Days on Market

Winfield-

2018- Avg. Sales Price- $269,950/ 124 Units Sold/ 62 Days on Market

2017- Avg. Sales Price- $265,000/ 143 Units Sold/ 66 Days on Market

St. John-

2018- Avg. Sales Price- $354,859/ 277 Units Sold/ 81 Days on Market

2017- Avg. Sales Price- $354,438/ 279 Ubits Sold/ 93 Days on Market

Cedar Lake- 

2018- Avg. Sales Price- $198,150/ 237 Units Sold/ 69 Days on Market

2017- Avg. Sales Price- $190,623/ 247 Units Sold/ 75 Days on Market

Lakes of the Four Seasons-

2018- Avg. Sales Price- $234,835/ 157 Units Sold/ 66 Days on Market

2017- Avg. Sales Price- $225,602/ 133 Units Sold/ 77 Days on Market

Schererville-

2018- Avg. Sales Price- $274,784/ 359 Units Sold/ 61 Days on Market

2017- Avg. Sales Price- $261,216/ 382 Units Sold/ 77 Days on Market

Lowell-

2018- Avg. Sales Price-$224,606/ 357 Units Sold/ 79 Days on Market

2017- Avg. Sales Price-$206,294/ 362 Units Sold/ 81 Days on Market

Merrillville-

2018- Avg. Sales Price-$149,455/ 503 Units Sold/ 60 Days on Market

2107- Avg. Sales Price-$136,023/ 449 UNits Sold/ 64 Days on Market

Valparaiso-

2018- Avg. Sales Price-$248,392/ 666 Units Sold/ 67 Days on Market

2017- Avg Sales Price-$235, 487/ 686 Units Sold/ 79 Days On Market

Chesterton-

2018- Avg. Sales Price-$263,657/ 491 Units Sold/ 79 Days on Market

2017- Avg. Sales Price-$250,205/ 474 Units Sold/ 82 Days on Market

Hobart-

2018 Avg. Sales Price-$149,428/ 469 Units Sold/ 56 Days on Market

2017 Avg. Sales Price-$136,779/ 499 Units Sold/ 62 Days on Market

Dyer-

2018- Avg. Sales Price-$282,319/ 230 Units Sold/ 45 Days on Maket

2017- Avg. Sales Price-$255,055/ 232 Units Sold/ 51 Days on Market

As I always say, real estate is local and I will be updating Community stats  throughout the year and I will also highlight specific neighborhoods. So check back often or message me to include your neighborhood. 

Don't see your Community on the list or want your neighborhood featured, just shoot me a message and I'll get you the stats!