Lee’s Notes: Yeah, october is almost over, and I’m just adding the indianapolis real estate market statistics for January to September… I BEEN BUSY!!!!! hehe My family does Sunday dinners together(it’s a new thing, but we are enjoying it). My sister told me she talked to one of her Realtor buddies, and he had stated that September was just flippin AWESOME for selling houses… The stats don’t show it… July was better for number of homes sold in one month. Average price for a sold home is down compared to August, but number of homes sold is up compared to august. Overall we are down about 4.5% for average sale price and down about 14.5% in number of homes sold…
Current number of homes active on the market is 21369, which is down compared to 22103 on August 1st. So we arent adding a ton of homes to the market…
| 1-Jan | to | 1-Oct | |||
| # Sold | Avg # Sold | Avg Price | Avg % Price | Days On Market | |
| 2005 | 26451 | $152,006.00 | 81 | ||
| 2006 | 27111 | 102.50% | $153,029.00 | 100.67% | 84 |
| 2007 | 25889 | 95.49% | $150,085.00 | 98.08% | 90 |
| 2008 | 22122 | 85.45% | $143,333.00 | 95.50% | 96 |
| 1-Jan | to | 1-Sep | |||
| # Sold | Avg # Sold | Avg Price | Avg % Price | Days On Market | |
| 2005 | 23466 | $151,938.00 | 82 | ||
| 2006 | 24426 | 104.09% | $153,097.00 | 100.76% | 84 |
| 2007 | 23361 | 95.64% | $150,664.00 | 98.41% | 89 |
| 2008 | 19289 | 82.57% | $144,808.00 | 96.11% | 97 |
| 1-Jan | to | 1-Aug | |||
| # Sold | Avg # Sold | Avg Price | Avg % Price | Days On Market | |
| 2005 | 19949 | $150,919.00 | 81 | ||
| 2006 | 20899 | 104.76% | $153,353.00 | 101.61% | 84 |
| 2007 | 20315 | 97.21% | $150,588.00 | 98.20% | 89 |
| 2008 | 16692 | 82.17% | $143,433.00 | 95.25% | 98 |
I think things are starting to pick up again though, at least in my area of the country, in North Carolina. By next year at this time we are going to be looking at a much better real estate market.
I have looked over your blog a few times and I love it.