Indianapolis Real Estate Statistics December 2007

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Indianapolis Real Estate News


Here is a quick breakdown of the major cities around Indianapolis fared for the month of December versus the same time last year:

 

# of Homes Sold
Average Sales Price
 
2006
2007
% Change
2006
2007
% Change
             
Avon Real Estate
44
41
-7%
$181,722
$181,816
0%
Carmel Real Estate
98
65
-33%
$278,395
$302,752
+ 9%
Fishers Real Estate
133
98
-26%
$211,036
$201,071
-5%
Greenwood Real Estate
66
55
-17%
$169,908
$156,960
-8%
Indianapolis Real Estate
1015
714
-30%
$121,445
$114,943
-5%
Noblesville Real Estate
86
59
-31%
$173,436
$166,668
-4%
Westfield Real Estate
38
29
-24%
$226,955
$194,665
-14%
Zionsville Real Estate
28
30
+7%
$303,688
$291,688
-4%

 

 

As you see, December was not a pretty month. The only places posting positive numbers were Carmel for the average selling price and Zionsville for the number of homes sold.

What does all this mean? Buy. These numbers will not stay like this for long; many experts agree that Indianapolis is a great to buy a home right now. Inventories are high and prices are low, a great time to get a great deal on a home.

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Date: Tuesday, January, 22nd 2008 @ 10:59:49 AM
Views: 186

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