Valparaiso, IN Home Statistics

2018 vs. 2017 Home Values and Sales

The Valparaiso, IN real estate market has been strong through 2018. Now the number of residential transactions closed in 2018 was down .45% overall but the home prices were up an average per square foot by 4.48%. Not only that but the average time on market was down 19.35% as well.

Another thing I like to look at is the percentage of homes sold within 30 days. With 34.59% of homes sold within 30 days in 2018 which is up from 30.61% the year before. Also, the list to sales price in 2018 was 99.31% compared to 98.37% in 2017.

All in all, the Valparaiso Indiana Real Estate market did exceptionally well in 2018 and I except it stay that way through 2019. Especially if the interest rates don’t go up much. From listening to CNBC, it sounds as if the FED is going to ease up a bit on short term rate increases.

 

All of these numbers I used were directly from the MLS and include any property that has a Valparaiso, IN address.

About the author

Brent Wright

Brent Wright

Real Estate Professional - Realtor

Brent Wright is not your fly by night realtor. He is a realtor that cares for his clients and has the most respect for a real estate transaction. He always stays on top of new and up to date factors in the Real Estate market such as different loan styles, market prices, average times, price points and much more. Brent Wright is not your normal realtor. He is more like a Real Estate advisor. No matter what your real estate transaction is Brent Wright will be there to guide you through all options that are available to you.

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