Greenfield Indiana Real Estate Report – April 2007
| At a Glance: | ||
|
2007
|
2006
|
% Change
|
| Active: $152,528 | Active: $159,167 | -4.17 |
| Pending: $106,403 | Pending: $137,204 | -22.45 |
| Sold : $106,441 | Sold : $119,885 | -11.21 |
| Days on Market: 97 | Days on Market: 95 | |
| Absorption Rate: 8.31 |
Active:
April 2007 added 88 homes to the Greenfield real estate market and the average listing price was $152,528. In April 2006, 60 Greenfield homes were added to the market with an average listing price of $159,167. The average listing price in April 2007 was 4.17% or $6,639 lower than in 2006.
Pending:
In April 2007, 38 Greenfield homes went pending with an average asking price of $106,403. The same month in 2006 31 homes went to pending status with an average asking price of $137,207. The average home that went pending on the Greenfield real estate market was $30,801 or 22.45% lower than in 2006.
Sold:
There were 27 Greenfield homes that sold in April 2007 and the average selling price was $106,441. The average home on the Greenfield real estate market took 97 days to sell and received 95.81% of the asking price. In April 2006, 48 homes sold in Greenfield with an average selling price of $119,885. The average home in 2006 took 95 days to sell and received 11.21% of its asking price. Hence, 2007 saw an 11.21% or $13,444 price decrease in the sold homes for the month of April.
As of 5/11/2007, there are 275 active properties on the Greenfield real estate market. In the past 12 months 397 Greenfield homes have sold; this means that the Greenfield real estate market currently has an 8.31 months supply of homes if no new homes are added to the market.
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Date: Wednesday, June, 13th 2007 @ 07:54:57 AMViews: 185
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