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February 2016

Found 2 blog entries for February 2016.

JANUARY PROPERTY SALES FOR NORTHWEST INDIANA Property Sales January Property sales were 542, up 17.1% from 463 in January of 2015 and -23.4% lower than the 708 sales last month. January 2016 sales were at their highest level compared to January of 2015 and 2014. January YTD sales of 542 are running 17.1% ahead of last year's year-to-date sales of 463. Prices The Median Sales Price in January was $144,750, up 8.0% from $134,059 in January of 2015 and up 3.4% from $140,050 last month. The Average Sales Price in January was $165,108, up 6.8% from $154,586 in January of 2015 and up 6.2% from $155,440 last month. January 2016 ASP was at highest level compared to January of 2015 and 2014. Inventory & MSI The Total Inventory of Properties available for sale as

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Existing home sales jumped 14.7% in December from November to reach a seasonally adjusted annual sales rate of 5.46 million units. Sales in 2015 numbered 5.23 million units, a 6.3% increase over 2014.1 The months' supply of existing homes dropped to 3.9 months, meaning that it would take just under four months to sell all the homes currently on the market at December's sales rate. That's the lowest monthly ratio of housing inventory to sales in more than ten years. During 2015, the average months' supply was 4.8 months.1 The median price of existing homes sold in 2015 was $219,900, a 6.4% increase over the $206,700 median price for 2014 sales.1 New home sales climbed 10.8% in December to a 544,000-unit annual sales rate. An estimated 501,000 new homes

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