Brownsburg Real Estate Report – April 2007
| At a Glance: | ||
|
2007
|
2006
|
% Change
|
| Active: $218,403 | Active: $185,750 | 17.58 |
| Pending: $167,324 | Pending: $169,168 | -1.1 |
| Sold : $169,248 | Sold : $180,338 | -6.15 |
| Days on Market: 95 | Days on Market: 85 | |
| Absorption Rate: 7.18 |
Active:
In April 2007, 129 homes were added to the Brownsburg real estate market. The average listing price was $218,403. In 2006, 147 Brownsburg homes were added with an average listing price of $185,750. The average asking price is up for the average Brownsburg home by $32,653 or 17.58%. This seems to be out of the ordinary and may be caused by some extenuating circumstances. This is probably due to fact that there is currently a 1.3M home for sale in Brownsburg which is somewhat atypical.
Pending:
April 2007 had 70 Brownsburg homes go pending with an average asking price of $167,324. The same month in 2006, 65 homes went pending with an average asking price of $169,168. The average home on the Brownsburg real estate market went down $1,844 or 1.1% over last year.
Sold:
In April 2007, 59 homes sold in Brownsburg with an average selling price of $169,248. The average house took 95 days to sell and it received 97.16% of the asking price. 2006 had 65 Brownsburg homes sell with an average selling price of $180,338. In 2006 it took an average of 85 days to sell a home and the typical Brownsburg home received 97.48% of its asking price. This means that the average home sold for $11,090 or 6.15% less than in 2006.
The Brownsburg real estate market currently has 444 active properties for sale and in the past 12 months, 742 Brownsburg homes sold. This means that the Brownsburg real estate market currently has a 7.18 month supply of homes. This is on par with the rest of the greater Indianapolis real estate market.
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Date: 2007-06-06 09:30:22Views: 368