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Northwest Indiana Home Prices Increase over 7.8% in 2018

This comparison is for January 1st – March 31st 2017 vs. 2018

Can you believe this? In the first 2 months of 2018 Northwest Indiana Home prices are up by 7.8% over the first 3 months of 2017. That’s a very large increase in the Real Estate market. That’s not the only thing. Homes are also selling 24.4% faster with 27.9% of all homes sold are within 30 days. The Real Estate market is definitely beyond heating up, it’s on Fire!

We are now in a market where a home priced accuratly and selling within the first 30 days, are selling for an average of 99.27% of the list price. This shows we are now 100% in a sellers market. Now these numbers are for all of Northwest Indiana which is a 7 County MLS Board. It includes Porter, Lake, LaPorte, Jasper, Newton, Stark & Pulaski county.

If you’re thinking of buying or selling a home, now is definitely the time. Start Searching for your Dream Home today!

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Now, these #’s are based on information from the MLS. The selling time frame doesn’t go into effect until the house is no longer in the contingent stage and is marked pending. So the # of homes sold in 30 days is actually higher because your average inspection time is anywhere from 7 to 14 days.

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About Brent Wright

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Brent Wright

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

( 9 reviews )

(219) 763 3376 x4207

Lender Website