Indianapolis real estate Update December
It is that time to see how the Indianapolis real estate market did for December 2009. Here are some stats about the market:
|
Sq. Ft.
|
List Price
|
LP/ Sq. Ft.
|
Sales Price
|
SP/ Sq. Ft.
|
SP/ LP
|
DOM
|
|
|
High
|
7683
|
$1,690,000
|
$406
|
$1,633,000
|
$407
|
1013
|
|
|
Low
|
641
|
$2,900
|
$1,500
|
25%
|
0
|
||
|
Average
|
1635
|
$108,404
|
59
|
$103,039
|
$56
|
94%
|
86
|
- 768 homes sold in December 2009 with an average sales
price of $103,039
- The number of homes sold was down 6% over last year
- The average sales price was up 14% over last year
- The days on the market was down 9% over last year
- There are 6844 active homes on the market with an average asking
price of $157,949
- There are currently 1096 pending homes
- The average price per square foot for sold homes was $56
Other than the number of unit selling, the Indianapolis real
estate market had quite a decent month to end the year. Let’s
hope this trend continues into 2010 and we see a turnaround as some
are already predicting.
Please visit our Broad Ripple
homes for sale and our Indianapolis
foreclosures for more info on the Indy market.
Mike Taylor is the broker/owner of Red Door Real Estate and sells Indianapolis real estate. He specializes in the north side and focuses on Carmel real estate as well as the rest Hamilton County including Fishers real estate.
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Mike Taylor is a resident of Indianapolis and the broker/owner of Red Door Real Estate. Red Door Real Estate is a tech savvy real estate firm serv... Read More
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