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July 2018 Home Sales

July 2018 Northwest Indiana Residential Home Sales

Hey Everyone it’s your favorite Realtor here in Northwest Indiana just giving you a quick update with how the Real Estate market is looking. So I’m comparing July 2018 vs. July 2017 to give you an idea of how the market is currently compared to a year ago.

To start, I’d like to say home sales are up tremendously in a price per square foot average. Infact the price per square foot is up 11.25% in 2018 over 2017. Not only that but homes are selling 29.54% faster with an increase in sales of 7.53%.

I know there are still some buyers out there that feel like they would like to get a deal on a house and etc.  So, to give you an idea, all homes sold in July of 2018 sold for 98% of list price but homes sold within 30 days sold at an average of 99.12% of list price. I personally feel like homes are selling closer to 100% of list price but they’re closing at a lower list price average because of appraisal cuts. We have definitely seen appraisal cuts in the market this year. Most of them are minimal, like $900,  but you do have your larger price cuts from time to time.

Anyways I just wanted to give you this update of how the Real Estate market is currently and if you have any questions my phone is always on. (219)406.7195

 

All these numbers are directly from the MLS. These numbers include all residential sales in Porter, Lake, LaPorte, Jasper, Newton, Pulaski & Stark counties.

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About Brent Wright

Picture of Brent Wright

Brent Wright

Real Estate Professional - Realtor

BrentWright@McColly.com

219-706-2998219-706-2998 main

Brent W. Wright - McColly Real Estate

Serving Northwest Indiana! Beverly Shores IN, Burns Harbor IN, Cedar Lake IN, Chesterton IN, Crown Point IN, DeMotte IN, Dune Acres IN, Dyer IN, East Chicago IN, Gary IN, Griffith IN, Hammond IN, Hebron IN, Highland IN, Hobart IN, Kouts IN, Lake Station IN, Long Beach IN, Lowell IN, Merrillville IN, Munster IN, Ogden Dunes IN, Portage IN, Porter IN, Schererville IN, Saint John IN, Valparaiso IN, Wanatah IN, Westville IN, Whiting IN, Winfield IN

Reviews

5user8784985

Brent has stuck by my side through the whole process. If I want to see a house, immediately he sets up a time and we are looking at the house. You can always get ahold of him. He is very knowledgeable too!

5TeresaTaytumm

Brent is an amazing person, He helps in any way he can to his fullest! He isn't just doing his job, he goes above and beyond. With any question given, he has an answer every time and even if he did not know the answer, he would do whatever research needed so... (more)

5chris reed28

Brent is very hardworking. Best realestate agent to have. He showed me tons of homes in my price range and offered his expert opinion and background of the neighborhoods we were in.

Review Brent Wright on Zillow.com

Lender

Chuck Dayton

5

( 28 reviews )

(219) 763 3376 x4207

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