VALPARAISO — The housing market in Porter County continues to heat up, with existing home prices rebounding to levels not seen since the crash a decade ago.
Property assessments also continue to rise across county.
"It's a seller's market," says LaSalle Realty Group
The median selling price of existing homes rose to $179,899 last year from $163,125 in 2012. That includes a 5.2 percent jump from 2015 alone, he said. The median price now exceeds the $169,900 high from a decade ago.
The numbers of existing homes sales also rose to 2,460 last year from 1,806 in 2012.
The numbers of single-family residential home permits held steady at 163 in 2015 and 2016, and is already exceeding that rate at 42 so far this year.
"We have met with developers proposing subdivisions this year, which is something we have not seen for quite some time..
There are not enough available homes to meet the demand of buyers.
"When homes go on the market, they're gone.
These conditions are helping to fuel a continued rise in the assessed values of properties across the county..
Author:Pete LaSalle Phone: 219-707-2476 Dated: April 17th 2017 Views: 194 About Pete: The LaSalle Realty Group consists of Husband and Wife Renata & Pete LaSalle. We have a full service ...
Weichert, Realtors – NWI & Company is located in the heart of Valparaiso Indiana, Porter County. Broker Owners, Pete & Renata LaSalle are proud to be affiliated with WEICHERT, REALTORS® one of the most powerful and respected names in Real Estate. We want to remain a staple in our community and contribute to its continued growth and development. It’s our company goal to be innovative business leaders and maintain high stature in our local marketplace, while being recognized for customer service and continually educating ourselves & consumers.
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LaSalle Realty Group would like to announce that Valpo has added Veloc
"Pete & Renata: Once Again, We can't put into words how much we appreciate what you've done for us. Your diligence & keeping us informed every step of the way, went far beyond our expectations! Most importantly, it's the new beginning of a New Friendship! God Bless.. "