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Decrease in Year Over Year Home Sales in NW Indiana

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Single family home sales in northwest Indiana fell in February compared to numbers from a year ago. The Greater Northwest Indiana Association of Realtors reports 493 homes were sold in Lake, Porter, LaPorte, Newton and Jasper counties in February 2014, down ten-percent from February 2013. Home sales are down two-point-two percent from January to February.
The median selling price though rose in year-over-year comparisons, up two-point-eight percent, but from January to February, the median selling price fell seven-point-four percent.
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