Wednesday, October 31, 2012

Carmel Listings Down 3rd Consecutive Month in September, 2012

Carmel Indiana Real Estate Data Chart - September, 2012

While it wasn’t obvious at first, the Carmel real estate market improved in September, 2012. Sure, the 133 closings that took place in September represent a 26.9-percent decrease in total sales. But September typically marks the beginning of a seasonally-induced slow-down throughout most of Central Indiana real estate markets, including Carmel. What is pleasantly surprising about the latest figure is that it represents an increase of nearly 10 percent versus this same month in 2011. Also, from August through September of this year an average of 159 closings took place each month, or 14.4 percent more, compared to this same quarter in 2011.

A similar trend holds for pending sales. The most recent total of 112, while 22.8 percent below the previous month’s total of 145, it represents a 7.7-percent increase compared to last September’s total of 104 pending sales. And the average number of pending sales in the sales pipeline each month, from August through September of this year was up a not-so-trivial 17.6 percent compared to this same 3-month period 1 year ago.

Another very important stat is that of total listings. Not only does September’s total of 671 Carmel listings represent a 4-percent decrease versus the previous month’s total of 699, but compared to last September’s total of 806 listings it is a decrease of nearly 17 percent—welcomed news for anyone trying to sell a home, no doubt. And of the 671 homes on the market, 142 were new listings altogether. This is down nearly 25 percent versus the previous month’s total of 189 new listings and down nearly 18 percent versus last September’s total of 173 new listings. Finally, from August through September of this year there were, on average, 699 homes listed on the Carmel market each month, or 15.8 percent fewer, compared to this same 3-month period last year.

This report provided courtesy of msWoods Real Estate, LLC.

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View the complete, original report here.

Tuesday, October 30, 2012

Brownsburg Real Estate Market Cools in September, 2012

Brownsburg Real Estate Data Chart. September, 2012

The Brownsburg real estate market showed signs of a definite slow-down in September, 2012—not that this comes as a surprise, considering the time of year. For the second straight month, a marked decrease in sales was observed as a total of just 37 closings took place in September compared to the previous month’s total of 59. Even compared to last September’s total of 39 closings this is a decrease of 5.1 percent. One positive stat: the average number of closed transactions from August through September of this year was up by 14.6 percent relative to this same period 1 year ago.

Pending sales also took a hit as there were just 28 transactions in the September pipeline compared to the previous month’s total of 45, making for a net decrease of nearly 38 percent. But perhaps most striking is the fact that, compare to this same month 1 year ago, total pending sales were down 26.3 percent. At least the average number of pending sales from August through September of this year was up 12.2 percent relative to this same quarter in 2011.

It’s rarely a good thing when sales fall and listings rise. Fortunately, this was not the case as there were 0.7 percent fewer homes on the market in September versus the previous month. Coincidentally, compared to September of 2011 total listings were also down 0.7 percent. From August through September of this year there were on average 3.7 percent fewer homes on the market relative to this same 3-month period last year.

View the complete, original article here.

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(Report courtesy of msWoods Real Estate, LLC)

Wednesday, October 24, 2012

Avon Real Estate Report for September, 2012

Avon Real Estate Data Chart - September, 2012

The Avon real estate market in September, 2012 was very much a reflection of the time of year, as total sales fell 18.5 percent versus the previous month’s total of 54 closings.  In fact, September marked the third straight month that total sales fell relative to the previous month. But while sales were most definitely down versus August, compared to September of 2011 they remained unchanged. Also, from August through September of this year there were, on average, 52 closings per month. This represents a 10.6-percent increase versus this same period 1 year ago.

Another stat that failed to impress was that of total pending sales. September’s total of 43 represents an 18.9-percent drop versus the previous month’s tally of 53. Moreover, compared to this same month 1 year ago, total pending sales were down 4.4 percent. In fact, September marked the second consecutive month that Avon pending sales fell. But like our previous stat, when the most recent quarter that spans from August through September is compared to this same quarter 1 year ago, we see that there were, on average, 13.3 percent more pending sales each month, or 51 versus 45 respectively.

View the complete, original article here.

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