Michigan City, IN - Local Housing Data - Summary

Change location:

Region

State

City

Michigan City, La Porte, IN

You have successfully subscribed to the local housing data e-newsletter for .

If you wish to receive monthly updates for other market areas please subscribe to new markets using our expanded form.

 
 
 
 
Unlock charts and graphs!

Once registered, see a dozen additional charts on 366 cities around the US.

 
Enlarge

Michigan City, IN Local News

New Home Sales Level from Last Year, Prices Fall in Michigan City - July 2014

Posted on: Jul 08, 2014 07:01:57 AM

The Michigan City, IN market saw no change in new home closings year-over-year in April, staying level after a year-over-year decline in March from the year earlier. Closings remained level at 1 from a year earlier after the figure moved from 3 in March 2013 to none in March 2014.

1 of the 138 total closings were new home closings, a shift on a percentage basis from 1 out of 172 a year earlier. Closings of new and existing homes slid year-over-year in April after also falling in March year-over-year.

Pricing and Mortgage Trends

The average per-unit price of new homes was $186,500, compared with $237,500 last year. This followed a.

The average mortgage size moved to $149,200, down from last year's $190,000.

Other Market Trends

There was no change in the composition of the new home market with regard to the types of properties sold in April 2014.

 
 
 

Change location:

Region

State

City

 
 

Join the Discussion

Please read our Content Guidelines before posting.