Business and Economics

Northwest Indiana Home Sales On The Rise

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Single-family home sales in Northwest Indiana rose 23-percent in February, compared to February 2012. The  Greater Northwest Indiana Association of Realtors says that is the 20th straight monthly increase in home sales.   The median Northwest Indiana selling price of $109,950 in February, a 1.8 percent decrease from one year ago.  There were 328 homes sold in February in Lake County, a 29.6 percent increase as compared to February 2012. The median selling price was $100,501, a 4.3 percent drop from one year ago.  In Porter County, 112 homes were sold in February, a 4.7 percent increase as compared to the year-ago month. The median selling price of a home was $157,000, which is 7.4 percent less than the median selling price one year ago.

The median Northwest Indiana selling price of $109,950 in February, a 1.8 percent decrease from one year ago.

 

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