Can a real estate pro in the Indianapolis or New Palastine, Indiana area tell me what the market is doing?

Asked by Tiffany Burke, Corpus Christi, TX Sat May 31, 2008

there. I received an offer on one of my listings in Corpus Christi, Tx contingent of the buyer's home selling in New Palistine, Indiana and I am curious what your takes are on that current market area at this time. Thanks.

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Marita Topmi…, Agent, Indianapolis, IN
Sun Jun 1, 2008
Hi Tiffany, Just the numbers for the New Pal area: 1. since 5/1/08 til now: 27 New Listings; 15 Price changes; 12 Sold; 5 Pended; 3 Withdrawn. Total 108 Active listings priced from $1.9mil - $32,900.
51 Sold from 1/1/08 - 4/1/08 priced from $255,400 - $27,500 ($112per sf - $15 per sf - average $61 per sf). 27 Sold from 4108 - 6/1/08 priced from $525,000 - $20k ( $185 per sf - $10 per sf - average $69 per
sf). Average days on market are about 86 I think, but some have sold in as little as 2 days. Your buyer's listing agent can tell you specifically how long she expects the sale to take. Hope this helps, Marita
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