Jan - 2041
Feb - 2139
March - 2670
April - 2891
July - 2938
Average DOM for 1/1/2007 - today = 93
Average sales price - $151,191
No, the market is going to crash like the rest of the country because Indianapolis did not have a huge increase in home prices like the rest of the country. We have our issues, but overall Indianapolis is a relatively stable market.
Please keep in mind these numbers are very broad and cover a wide area. If you would like to visit my site and see it broken down by smaller cities and townships you can view some more date here:
http://www.indyrebaterealestate.com/Fishers.php - Fishers
http://www.indyrebaterealestate.com/Noblesville.php - Noblesville
http://www.indyrebaterealestate.com/Lawrence.php - Indianapolis Lawrence Township
This is just a few, and there is more on the website. I think this is the kind of data you are looking for. I hope this helps.
Boone County was the only county to record an increase in pended sales from August 2006 with a 2.4 percent increase. Madison County showed the largest decrease in pended sales compared to last year, with a 25.7 percent decrease.
Year to date, Shelby County saw a 1.4 percent increase in pended activity, while Boone County experienced a nearly 1 percent increase. Hendricks County experienced the largest decrease in pended home sales with a 9.6 percent decrease for the year.
â€œIn July we saw a slight upturn in activity and pended sales which made us optimistic for August. Augustâ€™s numbers show we are still in a recovery time period and continue to experience a buyersâ€™ market,â€ said H. James Litten, president of F.C. Tucker Companyâ€™s Residential Real Estate Services Division.
According to the National Association of Realtors, the pended home sales index for the Midwest dropped 13.1 percent in July and is 15.8 percent below 2006.*
Available inventory in central Indiana continues to rise, up 6.3 percent from 2006. Four of the nine counties saw the inventory of available homes drop in August. Madison County experienced the largest drop with 10.9 percent less inventory than August 2006. Marion County saw the largest increase in available homes with an 11.2 percent increase from August 2006.
â€œAs we enter fall, home buying activity will likely continue to slow and available inventory will drop as fewer home owners decide to put their homes on the market,â€ Litten said. â€œWe anticipate the landscape to continue to level off and the return to a more equal market in 2008.â€
If you would like to send me an email, I will email you the information you are looking for. I have a newsletter that explains the above information with graphs and a program that is exceptional at showing trends. Just can't post them here. firstname.lastname@example.org