Home Prices Continue To Improve In October 2014

rot2During the mild fall we had home prices continue to rise in Northwest Indiana, according to the latest real estate market data.

“It’s a seller’s market,” reports Jeanne Sommer, broker/owner of CENTURY 21 Alliance Group in Valparaiso, IN. The average sales price of single-family homes rose in both Lake and Porter Counties. In Lake County, the price rose from $138,049 in 2013 to $145,470 in 2014. In Porter County, the price in 2013 was $186,249 but rose in 2014 to $195,877.

In Porter County, the number of days a property was listed on the market went down from 2013 to 2014. The number increased in Lake County from 118 days in 2013 to 122 days this year.

All data was provided by the Greater Northwest Indiana Association of Realtors and calculated from January 1 to October 31 in 2014 and compared to January 1 to October 31 in 2013. For more information on the latest local real estate data, contact CENTURY 21 Alliance Group at 219.462.2090.

CENTURY 21 Alliance Group is a full-service brokerage firm specializing in residential and commercial listings. As Northwest Indiana’s premier real estate agency, CENTURY 21 Alliance Group has earned CENTURY 21’s Quality Service Award seven years in a row. The realty company is located at 450 Lincolnway, Suite 200 in Valparaiso, IN and has listings in Porter, Lake and LaPorte counties. For more information, call (219) 462-2090 or visit www.21alliance.com.

© 2013 Century 21 Real Estate LLC. CENTURY 21® Is A Registered Trademark Licensed To Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each CENTURY 21 Office is Independently Owned and Operated.

For more information or to schedule an interview, contact Patricia Lamb at (219) 462-2090, ext. 224 or marketing@21alliance.com