Greenwood Indiana Real Estate Report – April 2007
| At a Glance: | ||
|
2007
|
2006
|
% Change
|
| Active: $205,496 | Active: $191,515 | 7.3 |
| Pending: $162,773 | Pending: $168,921 | -3.64 |
| Sold : $165,313 | Sold : $158,067 | 4.58 |
| Days on Market: 75 | Days on Market: 75 | |
| Absorption Rate: 7.07 |
Active:
April 2007 added 289 homes to the Greenwood real estate market and the average listing price was $205,496. April 2006 added the exactly the same number of Greenwood homes to the market with an average listing price of $191,515. The average Greenwood home is asking $13,982 or 7.3% more than in 2006.
Pending:
In April 2007, 150 Greenwood homes went pending with an average asking price of $162,773. April 2006 had 142 homes go pending with an average asking price of $168,921. The means the average house on the Greenwood real estate market that pending in April 2007 was down $6,148 or 3.64% over last year.
Sold:
The sold properties in Greenwood in April 2007 numbered 123 and had average selling price of $165,313. The average Greenwood home took 75 days to sell and received 96.94% of the asking price. In 2006, 137 Greenwood homes sold with the average home selling for $158,067. It took on average 74 days to sell a home in 2006 and they received 97.36% of the asking price. All in all, the average selling price in 2007 was up 4.58% or $7,247 over April 2006.
As of 5/10/2007 there are 754 homes for sale in the Greenwood real estate market. In the past twelve months 1278 Greenwood homes sold: this means that the Greenwood real estate market has a 7.07 month supply of homes. These numbers seem to be very positive for the Greenwood real estate market. Many other areas in the Indianapolis real estate market are seeing negative year over year numbers. While the pending homes are down slightly, the actives and sold home are up considerably over last year. Greenwood real estate seems to be one of the strongest markets right now.
Related Links:
Date: 2007-06-13 08:44:21Views: 193