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Amy Wagner Knopf LaPorte County Real Estate

Reach Amy at:


Century 21 Affiliated

Amy Wagner Knopf, GRI, ePRO

Associate Broker

4121 S. Franklin Street

Michigan City  IN  46360

219-878-3175 cell

219-874-6357 office

219-879-5475 office fax

amy@248agent.com

aknopf@c21affiliated.com 

 

 


Multi-Unit Market Data


 

MARKET UPDATE LaPorte County

For Multi Family Residential Property September, 2009
 
In September, local real estate activity was seasonally active. There are currently 52 multi-family properties on the market. They are broken down as follows:
 
Beach area - 2
Michigan City area - 22
La Porte area - 24
Rolling Prairie/New Carlisle area - 1
County area - 3
 
In September, 1 multi-family property closed, or 1.9% of current properties that were available as follows:
 
Beach area - 0 (YTD 1)
Michigan City area –0 (YTD 8)
La Porte area - 1 (YTD 8)
Rolling Prairie/New Carlisle area – 0 (YTD 0)
County area - 0 (YTD 0)
 
Interest rates have slightly declined during the last month and are just under 5.2%. The overall number of sales for all properties for 2009 compared to 2008 is down 16.4 and overall dollar volume is down 29.6%. There is currently a 56 month supply of multi-unit properties on the market.
 
 

MARKET UPDATE LaPorte County

For Multi Family Residential Property October, 2009

 

In October, local real estate activity was seasonally active. There are currently 50 multi-family properties on the market. They are broken down as follows:

 

Beach area - 2

Michigan City area - 21

La Porte area - 23

Rolling Prairie/New Carlisle area - 1

County area - 3

 

In October, 4 multi-family property closed, or 8% of current properties that were available as follows:

 

Beach area - 0 (YTD 1)

Michigan City area –4 (YTD 12)

La Porte area - 0 (YTD 8)

Rolling Prairie/New Carlisle area – 0 (YTD 0)

County area - 0 (YTD 0)

 

Interest rates have stabilized during the last month and are just under 5.3%. The overall number of sales for all properties for 2009 compared to 2008 is down 14.53% and overall dollar volume is down 30.12% There is currently a 12.56 month supply of multi-unit properties on the market.

 

 

 

 

MARKET UPDATE LaPorte County

For Multi-Family Residential Property November, 2009

 

In November, local real estate activity was seasonally active. There are currently 45 multi-family properties on the market. They are broken down as follows:

 

Beach area - 2

Michigan City area - 16

La Porte area - 23

Rolling Prairie/New Carlisle area - 0

County area - 4

 

In November, 3 multi-family property closed, or 6% of current properties that were available as follows:

 

Beach area - 0 (YTD 1)

Michigan City area –1 (YTD 13)

La Porte area - 2 (YTD 10)

Rolling Prairie/New Carlisle area – 0 (YTD 0)

County area - 0 (YTD 0)

 

Interest rates remained stable during the last month and are just under 5.2%. The overall number of sales for all properties for 2009 compared to 2008 is down 9.12% and overall dollar volume is down 26.44% There is currently a 15  month supply of multi-unit properties on the market. 

 

MARKET UPDATE LaPorte County

For Multi-Family Residential Property December, 2009

 

In December, local real estate activity was seasonally active. There are currently 38 multi-family properties on the market. They are broken down as follows:

 

Beach area - 3

Michigan City area - 14

La Porte area - 20

Rolling Prairie/New Carlisle area - 0

County area - 3

 

In December, 2 multi-family property closed, or 5.26% of current properties that were available as follows:

 

Beach area - 0 (YTD 1)

Michigan City area –0 (YTD 13)

La Porte area - 2 (YTD 12)

Rolling Prairie/New Carlisle area – 0 (YTD 0)

County area - 0 (YTD 0)

 

Interest rates slightly inclined during the last month and are just under 5.4%. The overall number of sales for all properties for 2009 compared to 2008 is down 8% and overall dollar volume is down 24.3% There is currently a 19 month supply of multi-unit properties on the market.  

 

 

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