Saturday, December 22, 2012

Fishers November, 2012 Sales Up 62.5 Percent Versus 1 Year Ago

Fishers Real Estate Data Chart - November, 2012

November is the time of year in Central Indiana where holiday distractions combined with cooler, fall temperatures begin to exert a noticeable effect on the real estate market, and this year it was no different. A total of 104 closings took place in November, or 25.7 percent fewer than the previous month’s total of 140. But what is most remarkable about the latest figure is the fact that compared to the 64 closings that took place in November of 2011 this represents a significant increase of 62.5 percent in total home sales. What’s more, an average of 123 closings took place each month during the months of September, October and November of this year, or 33.7 percent more, relative to this same 3-month period 1 year ago.

The Fishers real estate market saw an 18.2-percent decrease in the number of reported pending sales, from 110 in October to 90 in November. But while this marks the 7th straight month that pending sales have fallen, like our previous stat, it represents an increase versus November of 2011, of 5.9-percent to be exact. Also up was the average number of pending sales reported each month, from September through November of this year, relative to this same quarter last year, or 110 versus 86 respectively.

Since hitting a record 12-month high of 690 in May, 2012, the total number of homes listed on the Fishers real estate market have fallen, most recently hitting a new, 15-month low of just 501 in November. Versus October of this year, this translates to a 6.9-percent decrease. And versus last November’s total of 576 this is an even greater 13-percent decrease in total listings, which is a positive development for the Fishers market in general. An average of 540 homes were on the market from September through November of this year, or 13.3 percent more, relative to the monthly average for this same quarter 1 year ago of 623 listings. Finally, of the 501 homes on the Fishers market in November, 109 were new listings, which represents a 22.7-percent decrease versus the previous month’s total of 141. It is also down 33.1 percent versus the 12-month average of 163.

This report provided courtesy of msWoods.com.

Other Fishers Real Estate Resources Online:

View the complete, original report here.

Friday, December 21, 2012

Fewer Homes on Danville Market in November, 2012

Danville Real Estate Data Chart - November, 2012

The Danville real estate market saw an 11.1-percent decrease in the number of homes sold, from 27 in October to 24 in November, 2012. This comes as no surprise, considering November is the time of when most people’s thoughts typically turn to the holidays, and plans to purchase a home are increasingly put on hold until after the start of the New Year. Nevertheless, compared to last November’s total of just 19 closings, this is a 26.3-percent increase in total sales. What’s more, from September through November of this year, there were on average 24 closings per month, or 33.3 percent more compared to this same quarter last year.

Since hitting a 12-month high of 152 in July of 2012, the total number of homes listed for sale fell for the 4th consecutive month in November, most recently bottoming out at 111. This, by the way, marks a new 12-month low for this stat. Compared to the previous month’s total of 124 listings this is a 10.5-percent decrease in inventory—something that benefits the market in slower months to be sure. Compared to last November’s total of 113 listings this is a decrease of 1.8 percent. And from September through November of this year there were on average 123 homes for sale each month, which represents a 2.5-percent decrease relative to this same quarter last year.

Total pending sales was the weakest of our three main indicators. November’s total of just 12 was down almost 43 percent versus the previous month’s total of 21. The contrast was not as stark versus 1 year ago, as last November’s total of 14 pending sales off beats this by a total of just 2 pending sales. In yet another comparison, the average number of pending sales reported from September through November of this year was down 10.5 percent relative to this same quarter last year, or 17 versus 19 respectively.

This report provided courtesy of msWoods.com.

Other Danville Real Estate Resources Online:

View the complete, original report here.

Thursday, December 20, 2012

Brownsburg Indiana Average Time on Market Improves Significantly in November, 2012

The Brownsburg real estate market suffered a fairly large drop in pending sales in November, 2012. Considering the time of year, and the typical holiday distractions that accompany it, this hardly comes as shocking news. Still the 32 pending transactions reported in November represent a 43.9-percent drop versus the previous month’s total of 57. Compared to last November’s total of 37 this is off by just 13.5 percent. The lone, statistical bright spot came in the form of a 16.7-percent increase in the average number of pending sales reported each month, from September through November of this year, relative to this same quarter last year.

While total pending sales is a key predictor of the near-term market performance, it is not the only measure of market health. Take the 49 closings that took place in November: Versus the previous month’s total of 50 this is a decrease of just 2 percent. But the good news is that this is actually a 36.1-percent increase versus last November’s total of 36 closings. And, from September through November of this year, 46 closings were recorded each month on average, or 21.1 percent more versus this same quarter 1 year ago.

Another positive development concerned the total number of homes on the market. November’s total of 240 listings represents a 3.6-perent decrease versus the previous month’s total of 249, and a 7-percent decrease versus last November’s total of 258 listings. What’s more, November’s total marks a new 6-month low in listings. Finally, from September through November of this year there were on average 259 homes on the market, or 5.1 percent fewer, compared to this same 3-month period 1 year ago.

This report provided courtesy of msWoods.com.

Other Brownsburg Real Estate Resources Online:

View the complete, original report here.

Wednesday, December 19, 2012

November, 2012 Avon Home Sales Rise 161.1 Percent Versus 1 Year Ago

Avon Real Estate Data Chart for November, 2012

The Avon real estate market showed significant improvement in several key stats in the month of November, 2012. While total sales were off by 28.6 percent versus the previous month’s total of 63, compared to November of 2011, the most recent total of 45 closings represents a 32.4-percent improvement. Also, from September through November of this year a monthly average of 51 closings took place, up 34.2 percent versus this same 3-month period 1 year ago.

Total pending sales were down versus the previous month, although barely. In fact, this marked the 3rd straight month that this stat had fallen. And since hitting a 12-month high of 362 listings in August of this year, listings are down 17.1 percent.  November’s total of 47 reported pending sales represents a decrease of just 2.1 percent. But considering there were just 18 pending sales during the month of November, 2011, this translates into a very shocking 161.1-percent increase! Not only this, but the average number of pending sales reported during the months of September, October and November of this year represents a robust 44.1-percent increase compared to this same 3-month period 1 year ago.

Our third key stat, that of total listings, also showed improvement versus both the previous month and last year. November’s total of 300 homes for sale is 6.2 percent below the previous month’s total of 320. Compared to last November’s total of 326 it is an 8-percent decrease in total listings. From September through November of this year there were, on average, 320 homes on the market each month, or 5.6 percent more, relative to this same quarter 1 year ago, when there were an average of 339 homes on the market. Of the 300 homes on the market in November, 60 were new listings. This is down 15.5 percent versus the previous month’s total of 71, although it is up nearly 58 percent versus last November’s total of just 38. The rolling 12-month average number of listings each month is 71.

This report provided courtesy of msWoods.com.

Other Avon Real Estate Resources Online:

View the complete, original report here.

Tuesday, December 18, 2012

Wayne Township Listings Fall 4.3 Percent in November, 2012

Wayne Township Real Estate Data Chart - November, 2012

As all of Central Indiana marched ever closer to winter, it was no surprise that the Wayne Township real estate market continued a trend toward decreased market activity in November, 2012. In fact, November marked the 4th straight month that the total number of homes on the market fell by at least 4 percent relative to the previous month. The most recent total of 536 listings represents a decrease of 4.3 percent compared to the previous month’s total of 560 listings. But compared to November of 2011, this is actually a much greater 15.6-percent decrease in inventory. As well, from September through November of this year there were, on average, 561 homes on the market each month, or 14.6 percent fewer, relative to this same quarter in 2011.

While total sales were on the decline by 20.6 percent compared to the previous month, the most recent total of 77 closings matches exactly last year’s total during this same month. In yet another long-term view, the average number of closings each month, from September through November of this year, was up 8.1 percent versus this same quarter 1 year ago.

The latest figures for pending sales weren’t pretty at first glance. November’s total of 79 pending transactions represents a 19.4-percent drop versus the previous month’s total of 98. But compared to November of 2011, this is actually a very respectable increase of nearly 13 percent. Our most impressive stat comes in the form of a 22.1-percent increase in the average number of pending sales that were reported each month, from September through November of this year compared to this same quarter 1 year ago.

This report provided courtesy of msWoods.com.

Other Wayne Township Real Estate Resources Online:

View the complete, original report here.

Monday, December 17, 2012

Washington Township Real Estate Market Sees Some Improvement in November, 2012

Washington Township Real Estate Data Chart - November, 2012

The Washington Township real estate market was improved in at least 2 key areas: Total listings and total pending sales. While a 30.6-percent decrease in pending sales versus the previous month’s total of 147 isn’t great news per se, compared to last November’s total of 95 it is a decent, 7.4-percent increase. The average number of pending sales reported from September through November of this year, however, was down by an average of just 2 pending sales per month relative to this same quarter 1 year ago.

The3 news was not nearly as good as it concerned sales. November’s total of 111 represents a 33.5-percent decrease versus the previous month’s total of 167. Even compared to last November’s total of 123 it is a distinct albeit less pronounced decrease of 9.8-percent. If there is a positive spin to be found, then it lies in the fact that an average of 140 closings took place each month, from September through November of this year, or 4.5 percent more, compared to this same quarter last year.

IN a welcomed turn of events, the total number of homes listed on the Washington Township market fell to 815 in November, down 4.3 percent versus the previous month’s total of 852. In fact, November goes on record as the 4th straight month that total inventory shrank relative to the previous month. Versus last November’s total 1,011 listings this is a far greater, 19.4-percent decrease. There were 20.8 percent fewer listings on the market during the months of September, October and November of this year, compared to this same 3-month period 1 year ago, or 847 versus 1,069 respectively.

This report provided courtesy of msWoods.com.

Other Washington Township Real Estate Resources Online:

View the complete, original report here.

Saturday, December 15, 2012

Warren Township Inventory Shrinks Nearly 6 Percent in November, 2012

Warren Township Real Estate Data Chart - November, 2012

The Warren Township real estate market was not impressive in comparison to the previous month. Indeed, the typical slow-down that accompanies the fall season was felt in at least 2 key areas: Closed and pending sales. But as we will show, the market was actually quite improved versus this same time last year. Take total sales as an example: The most recent total of 95 closings represents a 12.8-percent decrease versus the previous month’s total of 116. But compared to last November’s total of just 62 this is a much greater improvement of 53.2 percent. Also, an average of 104 closings were finalized during the months of September, October and November of this year, or 33.3 percent more, compared to this same quarter in 2011, when the average was just 78 closings per month.

Total pending sales fell nearly 21 percent, from 116 in October to just 92 in November. But compared to last November’s total of 88 this is actually a 4.5-percent improvement—not huge, but an improvement nonetheless. In another long-term analysis, the average number of pending sales reported from September through November of this year was up a hefty 38.2 percent compared to this same quarter 1 year ago.

In the current market climate, fewer listings is a good thing; which is why the most recent 5.9-percent decrease in total listings is a welcomed development to be sure. Further still, November’s total of 611 listings represents an 11.2-percent reduction in total inventory versus this same time last year. Also, from September through November of this year, there were 644 homes for sale per month, or 8.9 percent fewer, compared to this same quarter in 2011. Finally, 127 of the 611 homes on the market in November were new listings. This is down 22.6 percent versus the previous month’s total of 164, and down 2.3 percent versus last November’s total of 130. On average, a total of 147 new listings have been added to the market each month over the past year.

This report provided courtesy of msWoods.com.

Other Warren Township Real Estate Resources Online:

View the complete, original report here.

Friday, December 14, 2012

Pike Township Listings Fall 9.6 Percent in November, 2012

Pike Township Real Estate Data Chart - November, 2012

The Pike Township real estate market saw improvements in at least 2 key stats in the month of November, 2012, not the least of which was total sales. Sure, November’s total of 79 closings represents an 8.1-percent decrease versus the previous month’s total of 86. But compared to last November’s total of just 66 closings this is a significant 19.7-percent improvement. Also, the average number of closings each month, from September through November of this year, was up 17.4 percent relative to this same period last year, or 71 versus 69 respectively.

Another statistical improvement came in the form of a 9.6-percent decrease in the number of homes listed for sale, from 521 in October to 471 in November. This is a healthy development from a supply-demand standpoint. But even better is the fact that compared to November of 2011 this is a 16.5-percent reduction in total inventory. And of the 471 homes for sale in November, 89 were new listings. While this is 14.4 percent below the previous month’s total of 104 new listings, it is 6 percent above the November, 2011 total. Versus the 12-month average 115, it is down 22.6 percent. Finally, from September through November of this year, there were an average of 515 homes on the Pike Township market each month, or nearly 15 percent fewer, compared to this same quarter a year ago. One final stat to note concerning total listings: November marks the 5th consecutive month that listings have fallen relative to the preceding month.

One that showed very little improvement concerned pending sales. The most recent total of 60 represents a 24.1-percent decrease versus the previous month’s total of 79. Even compared to last November it is a 3.2-percent decrease; although it should be noted that this equates to a difference of just 2 pending sales. On the bright side, from September through November of this year there was on average 1 more pending sale each month versus this same period last year, or 70 versus 69 respectively.

This report provided courtesy of msWoods.com.

Other Pike Township Real Estate Resources Online:

View the complete, original report here.

Thursday, December 13, 2012

Perry Township Home Sales up 8.4 Percent in November, 2012

Perry Township Real Estate Data Chart - October, 2012

The Perry Township real estate market took two steps forward and one step back, at least insofar as 3 key indicators were concerned. Sales, for example, rose 8.4 percent as a total of 90 closings took place in November compared to 83 the previous month. But compared to the 81 closings that took place in November of 2011 this is a much better 11.1-percent improvement in sales. And, from September through November of this year, an average of 90 closings took place, 7.1 percent more, compared to this same quarter last year, when an average of just 84 closings took place.

The news was not great when it came to pending sales. The latest figures showed a 46.2-percent drop in pending sales, from 104 in October to just 56 in November. Of course, it is “that time of year” when the Central Indiana real estate market begins to slow, but 46.2 percent is quite a drop. Versus November of 2011, a less-pronounced, drop of 17.6 percent was observed. Comparing the average number of reported pending transactions during the months of September, October and November of this year to this same quarter 1 year ago, we see a decrease of 2.4 percent, or 80 versus 82 pending sales respectively.

November’s total of 488 homes for sale represents a 2.8-percent drop in total inventory relative to the previous month’s total of 502. But compared to last November’s total of 568 this is an even greater decrease of 14.1 percent. In yet another comparison, the most recent quarter from September through November of this year saw an average of 501 homes listed for sale each month, or 14.5 percent fewer, relative to this same 3-month period in 2011. What’s more, since hitting a 12-month record high of 577 in June, 2012, the total number of homes on the Perry Township market has fallen in each of the ensuing months by no less than 1.9 percent from one month to the next. The most recent total of 488 listings is at 84.5 percent the aforementioned June, 2012 peak.

This report provided courtesy of msWoods.com.

Other Perry Township Real Estate Resources Online:

View the complete, original report here.

Tuesday, December 11, 2012

Franklin Township Sales Rise 3.7 Percent in November, 2012

Franklin Township Real Estate Data Chart for October, 2012

The Franklin Township real estate market saw a 3.7-percent increase in closed sales in November, 2012. But not only was the most recent total of 84 closings up versus the previous month’s total 81, compared to last November’s total of 60 this is a significant, 40-percent increase on the year. And, from September through November of this year, there were on average 79 closings per each month, or nearly 20 percent more, compared to this same period last year.

The news concerning pending sales was not nearly as rosy. That’s because the 55 reported pending sales in November were down 41.5 percent compared to the previous month’s total of 94, and down 8.3 percent versus last November’s total of 60. However, the average number of reported pending transactions, from September through November of this year, climbed nearly 17 percent relative to this same quarter 1 year ago, or 76 versus 65 respectively.

One healthy development for the market was a 5.4-percent decrease in the number of homes for sale. But not only is November’s total of 389 listings down versus the previous month’s total of 411, it is down 9.1 percent versus this same time 12 months ago. Further still, an average of 427 homes were on the market during the months of September through November of this year, or 8.2 percent fewer, compared to this same month 1 year ago.

This report provided courtesy of msWoods.com.

Other Franklin Township Real Estate Resources Online:

View the complete, original report here.

Monday, December 10, 2012

Carmel Listings Fall 10.8 Percent in November, 2012

Carmel Real Estate Data Chart - November, 2012

The Carmel real estate market didn't fare so well in November, 2012. Not that there weren't some improvements, but overall, the market was down not only versus the previous month, but last year as well. Total sales, for example, fell 10.7 percent, from 112 closings in October to 109 in November. But compared to last November’s total of 118 this is a 7.6-percent decrease in sales. The one bright spot: An average of 123 closings took place each month, from September through November of this year, relative to this same period last year, which translates to a 16-percent improvement.

The latest stats for pending sales were no better; in fact, they were worse. The most recent total of 75 pending transactions represents a significant 35.3-percent decrease versus the previous month’s total of 116. Compared to last November’s total of 95 this is a 21.1-percent decrease in pending sales. At least the average number of reported pending sales was up 7 percent, to 107, compared to this same quarter in 2011.

Unlike closed and pending sales, the latest figures for total listings were a ray of light in an otherwise gloomy November real estate market. There were 546 homes for sale in November, which represents a 10.8-percent decrease versus the previous month’s total of 612. Compared to last November’s total of 697 listings this is a decrease of nearly 22 percent—a trend that hopefully continues. Also, from September through November of this year, 610 homes were listed for sale each month, 19.3 percent fewer, versus this same quarter 1 year ago. And of the 546 homes listed for sale in November, 101 came in the form of new listings. This is down 21.1 percent versus the previous month’s total of 128, and down 14.4 percent versus last November’s total of 118. Over the past year, 168 listings have been added to the Carmel market each month on average.

This report provided courtesy of msWoods.com.

Other Carmel Real Estate Resources Online:

View the complete, original report here.

Saturday, December 8, 2012

Decatur Township Pending Sales Rise 15.6 Percent in November, 2012

Decatur Township Real Estate Data Chart - October, 2012

The Decatur Township real estate, while improved in some key areas, was disappointing in others. The number of pending sales reported in November, 2012, for example, rose 15.6 percent, from 32 in October to 37 in November. But compared to last November this is actually a 2.6-percent decrease in pending sales. But this equates to a difference if just 1 pending sale. What’s more, the average number of pending sales reported from September through November of this year was off by just 1 compared to this same quarter in 2011. So all in all, it was not an especially month for pending sales.

There wasn’t a lot of good news to report insofar as closed sales were concerned. The most recent total of 33 closings represents a 32.7-percent decrease versus the previous month’s total of 49. Even compared to last November this is an 8.3-percent decrease overall. The one statistical ray of light—if it could be called that—came from the fact that the average number of closings that took place during September, October and November of this year was up 17.1 percent compared to this same 3-month period 1 year ago.

In the each of the months following August of 2012, the total number of homes for sale in Decatur Township have fallen no less than 7.7 percent relative to the previous month. Most recently, total listings fell 114.4 percent, from 167 in October to just 148 in November. But what is especially noteworthy is the fact that, compared to last November’s total of 212 listings, this is a huge decrease of 30.2 percent. Also, from September through November of this year there were, on average, just 165 homes for sale each month, or 26.7 percent fewer, compared to this same quarter last year.

This report provided courtesy of msWoods.com.

Other Decatur Township Real Estate Resources Online:

View the complete, original report here.

Friday, December 7, 2012

November, 2012 Center Township Sales Up 31.6 Percent Versus Last Year

Center Township Real Estate Data Chart - October, 2012

With the exception of September, the total number of homes for sale in Center Township has fallen in each of the months following June, 2012. Most recently, total listings fell 4.5 percent, from 951 in October to 908 in November. But not only were listings down on the month; compared to last November’s total of 1,111 this is a decrease of 18.3 percent. And, from September through November of this year there were, on average, 16 percent fewer homes on the market relative to this same quarter 1 year ago. And of the 908 homes listed for sale in November, 142 were new listings. This is down 14.5 percent versus the previous month’s total of 166 and down 8.4 percent versus last November’s total of 155. On average, a total of 179 homes have been placed on the Center Township real estate market each month over the past 12 months.

While it is true the most recent total of just 100 closings that took place in November represents a decrease of nearly 14 percent compared to the previous month’s total of 116. However, compared to last November, this is actually a hefty, 31.6-percent increase in sales activity; not to mention the fact that from September through November of this year there were, on average, 21.6 percent more closings finalized each month compared to this same time 1 year ago, when the month average was just 88 closings.

November’s total of 86 pending sales goes down as a 23.2-percent decrease versus the previous month’s total of 122. Versus last November’s total of 90, it is a far more modest decrease of just 4.4 percent. And, from September through November of this year, there were 13.2 percent fewer pending transactions reported on average, compared to this same 3-month period 1 year ago.

This report provided courtesy of msWoods.com.

Other Center Township Real Estate Resources Online:

View the complete, original report here.

Lawrence Township Real Estate Market Report for November, 2012

Lawrence Township Real Estate Data Chart - October, 2012

Lawrence Township saw diminished market activity in the month of November, 2012—no big surprised considering the time of year. What was surprising, though, was how much the market had improved compared to where it was this same time last year. Total sales, for example, fell 11.6 percent from the previous month’s total of 129 closings. But compared to last year, the 114 closings that took place in November represents a 25.3-percent increase in total sales—quite an improvement by any measure. What’s more, the average number of closings logged each month, from September through November of this year, rose 33.7 percent, from 95 closings during this same quarter 1 year ago, to 127 during the most recent quarter.

But total closings wasn’t the only stat to improve. While the most recent total of 96 pending sales, while down 21.3 percent versus the previous month’s total of 122, nevertheless represents a modest 5.5-percent increase compared to last November’s total of 91. Even the average number of pending sales reported each month, during the months of September, October and November of this year rose 9.5 percent compared to this same 3-month period 1 year ago.

The total number of homes for sale fell 8.9 percent versus the previous month’s total of 763. But versus this same month 1 year ago, it was a more pronounced 13.1-percent decrease in listings, from 800 to just 695. And of the 695 homes on the market, 123 were new listings altogether. This is 27.2 percent below the previous month’s total of 169, and 10.2 percent below last November’s total of 137. The 12-month average number of listings placed on the market each month is 178. Finally, from September through November of this year there were, on average, 756 homes on the market, or 12 percent fewer, compared to this same quarter 1 year ago.

This report provided courtesy of msWoods.com.

Other Lawrence Township Real Estate Resources Online:

View the complete, original report here.

Thursday, December 6, 2012

Zionsville Inventory Continues to Shrink in October, 2012

Zionsville Real Estate Data Chart for October, 2012

There has been an overall trend toward decreasing inventory over the past 15 months in Zionsville, and the month of October, 2012 proved to be no exception. Since hitting a summer peak of 274 listings, the number of homes on the Zionsville market fell for the third consecutive month, reaching a total of just 238 listings in October, down 2.1 percent versus the previous month’s total of 243. Compared to where the market was 1 year ago, this is a much greater 19.6-percent drop in total listings. Also, from August through October of this year there were, on average, just 246 homes on the market per month, or 20.4 percent fewer, compared to this same quarter last year.

A total of 38 closings took place in October. While this is unchanged versus the previous month, it is 65.2 percent above October’s of 2011’s total of just 23. Also, an average of 44 closings took place each month from August through October of this year, or 22.2 percent more, compared to this same period 1 year ago.

October’s total of 33 pending sales represents a 13.8-percent increase over the previous month’s total of 29. However, compared to this same month 1 year ago, it is an 8.3-percent decrease. In another comparison, the average number of pending sales was up nearly 12 percent from August through October of this year relative to this same quarter in 2011.

This report provided courtesy of msWoods Real Estate.

Other Zionsville Real Estate Resources Online:

View the complete, original report here.

Wednesday, December 5, 2012

Positive Outlook for Westfield Real Estate Market in October, 2012

Westfield Real Estate Data Chart for October, 2012

Improvements in several key stats contributed to an overall positive outlook for the Westfield real estate market in October, 2012, even though judging from the latest figures for total sales it was anything but obvious. October’s total of just 37 sales, for example, represents a decrease of 42.2 percent—hardly cause for celebration. Compared to last October’s total of 31, however, it is a nice 19.4-percent increase in total sales. What’s more from August through October of this year there were, on average, 52 closings each month, or 40.5 percent more, compared to this same quarter last year.

Total pending sales were up by any measure. The most recent total of 43, for example, represents an increase over the previous month of nearly 23 percent. Compared to last October’s total of 31 it is an even greater 38.7-percent increase. And, from August through October of this year, there were on average 45 pending sales each month, or 36.4 percent more, relative to this same quarter 1 year ago.

Another very positive development for the Westfield market concerned the number of homes on the market. The most recent total of 193 listings fell 6.3 percent versus the September total of 206. But most striking is the fact that, compared to last October’s total of 232 listings, this is a much greater decrease of 16.8 percent. Also, there were on average 16.7 percent fewer homes on the market each month, from August through October of this year relative to this same period 1 year ago. Finally, October marked the 4th consecutive month that the total number of homes on the market fell by at least 4 percent.

This report provided courtesy of msWoods Real Estate.

Other Westfield Real Estate Resources Online:

View the complete, original report here.

Tuesday, December 4, 2012

Mixed News for Plainfield Real Estate Market in October, 2012

http://www.mswoods.com/blog/wp-content/uploads/2012/12/plainfield-real-estate-data-chart.gif

The news was somewhat mixed for the Plainfield real estate market in October, 2012. That’s because improvements seen in total sales were offset by losses in the pending sales department. Starting with total sales, the latest figure of 33 closings represents a 22.2-percent increase versus the previous month’s total of 27. And compared to last October’s total of 31 it is a 6.5-percent improvement. However, an average of 30 closings took place per month, from August through October of this year, compared to 1 year ago, when the average was 35 closings each month during this same period. This translates to a 14.3-percent decrease.

October’s total of 22 pending sales was off by 8.3 percent versus the previous month’s total of 24, but down a much more disappointing 24.1 percent compared to 1 year ago. From August through October of this year there were on average 27 pending sales each month, or nearly 13 percent fewer, compared to a monthly average of 31 during this same quarter 1 year ago.

There were 178 homes on the Plainfield market in October, or 1.7 percent fewer, relative to the previous month. In fact, October marked the 4th straight month that the number of homes on the market fell relative to the previous month. October’s total of 178 is also am 8.2 percent decrease in total listings compared to last October’s total of 194. What’s more, from August through October of this year there were, on average, a total of 180 homes on the market each month, or 10 percent fewer, compared to this same period 1 year ago.

This report provided courtesy of msWoods Real Estate.

Other Plainfield Real Estate Resources Online:

View the complete, original report here.

Monday, December 3, 2012

October, 2012 Noblesville Market Shows Improvement Versus Last Year

Noblesville Real Estate Data Chart for October, 2012

The Noblesville real estate market made significant progress in October, 2012, despite the fact that sales fell 13 percent versus the previous month. That’s because the 87 closings that took place, compared to where the market was during October of 2011, represent a sizable increase of nearly 32 percent. What’s more, an average 103 closings took place each month, or 21.2 percent more, from August through October of this year, compared to this same quarter last year.

The latest figures for pending sales bode well for the near-term future of the Noblesville market. October’s total of 90 represents a 7.1-percent gain over the previous month’s total of 84. But most impressive is the fact that this is a 36.4-percent increase versus last October’s total of just 66. Also, from August through October of this year there were, on average, 90 pending sales per month, or 25 percent more, compared to this same 3-month period last year.

Less competition in a buyer’s market is a good thing for anyone trying to sell a home. It wasn't huge, but the 539 homes that were listed in October represent a 3.6-percent decrease in total inventory. Compared last October’s total of 665 homes for sale, however, it is an 18.9-percent decrease in total listings. In fact, October of 2012 marked the fourth consecutive month that the number of homes on the market shrank relative to the previous month. From August through October of this year there were, on average, 553 homes on the market each month, or 18.8 percent fewer, compared to this same quarter last year.

This report provided courtesy of msWoods Real Estate.

Other Noblesville Real Estate Resources Online:

View the complete, original report here.