LaGrange County and Noble County Residential Market Report for March 2011-Northeast Indiana

LaGrange and Noble Counties Combined

Market and Sales Data Year to Date- End of March 2011

All Residential 2010 2011 Change

Avg Sales Price YTD 92,718 98,945 +6.7%

Homes Sold YTD 86 98 +14.0%

Avg Days on Market 208 183 -12%

There are 551 homes listed for sale and at the average sold per month so far, it will take 12.5 months to sell them all (months of supply). Homes sold for 91.1% of the price they were listed at prior to sale.

Year to Date-End of March 2011 Lake Properties

Lake Properties 2010 2011 Change

Avg Sales Price YTD 152,575 146,453 -4.0%

Homes Sold YTD 16 14 -12.5%

Avg Days on Market 314 313 -0.3%

There are 205 homes listed for sale and at the average sold per month, it will take 34.2 months to sell them all (months of supply) Homes sold for 87.3% of the price they were listed at prior to sale.