Thursday, March 21, 2013

Zionsville Market Sees 25.7 Percent Increase In Home Sales in 2012

Zionsville Indiana Real Estate Data Chart - January, 2013

The numbers don’t lie. The 2012 Zionsville real estate market took several steps in the right direction versus the previous year. A total of 531 homes were sold in 2012 compared to just 418 one year prior. On average, 44 closings were finalized each month, or 25.7 percent more, compared to just 35 per month for all of 2011. In another comparison, an average of 40 closings took place from October through December of 2012, or 37.9 percent more, versus an average of just 29 per month during this same 3-month period at the end of 2011. In all, there were 113 more homes sold in 2012 than in 2011.

Pending sales also trended in the right direction, as a total of 520 pending sales were reported for all of 2012 compared to a total of 4017 for all of 2011. An average of 43 pending sales were reported each month for all of 2012, or nearly 23 percent more, compared to the 2011 average of 35 per month. Looking at the last quarter of 2012, from October through December of 2012, there were on average 32 pending sales reported each month, or 14.3 percent more, versus an average of just 28 during this same quarter in 2011. In sum, a total of 103 more pending sales were reported during 2012 compared to 2011.

With most real estate markets in Central Indiana and nationwide suffering from an excess of inventory, it was good to see fewer Zionsville homes for sale in 2012. At year’s end a total of 3,038 homes had been put up for sale, 13.9 percent fewer, versus the 2011 total of 3,532. This equates to an average of 253 per month for 2012 compared to 294 per month for 2011. And of the 3,038 homes for sale in 2012, 685 were new listings. This represents an 8.2-percent reduction versus the 2011 total of 746 new listings. In all, there were 494 fewer homes on the Zionsville real estate market in 2012.

This report provided courtesy of msWoods.

Other Zionsville Real Estate Resources Online:

View the complete, original report here.

Wednesday, March 20, 2013

2012 Westfield Real Estate Market Vastly Improved Versus 1 Year Ago

Westfield Indiana Real Estate Data Chart - January, 2013

The 2012 Westfield real estate market was among the most improved in all of Central Indiana, as evidenced by huge increases in several key stats. A total of 603 Westfield homes were sold in 2012, up 51.5 percent over the 2011 total of just 399. This translates to an average of 50 closings per month for all of 2012 compared to just 33 per month for all of 2011. Also, from October through December, 2012 there were on average 46 homes sold per month, or 64.3 percent more versus the final quarter of 2011. In all, there were 204 more homes sold for all of 2012 compared to all of 2011.

But not only were there more homes sold in 2012, there were more pending sales in the pipeline, 575 in all to be exact. Compared to the 2011 total of 411 this represents a hefty 41.2-percent increase. Expressed monthly, an average of 48 pending sales were reported for all of 2012, compared to an average of just 34 for all of 2011. And, looking at the final quarter of 2012, an average of 39 pending sales were reported each month, or 44.4-percent more, compared to this same 3-month period in 2011. In sum, there was a net difference of +164 pending sales in 2012 versus 2011.

Another very positive development concerned a reduction in available inventory. In 2012, a total of 2,485 homes were listed for sale, compared to 2,938 listings for all of 2011. This equates to 207 homes for sale each month, or 15.5 percent fewer, compared to 245 per month for all of 2011. And, from October through December, 2012 there were 167 homes listed for sale each month, or 26.1 percent fewer, compared to an average of 226 per month during this same quarter in 2011. The bottom line is that there were 453 fewer homes on the market for all of 2012 compared to all of 2011.

This report provided courtesy of msWoods.

Other Westfield Real Estate Resources Online:

View the complete, original report here.

Tuesday, March 19, 2013

10 Percent More Plainfield Homes Sold in 2012

Plainfield Indiana Real Estate Data Chart - January, 2013

There was an unmistakable overall improvement in the Plainfield real estate market in 2012 compared to 2011. This took the form of improvements in several key stats, including total closed sales, pending sales and listings. Naturally, total sales is always a good indicator of market performance. At year’s end, 2012, a total of 392 sales had been finalized, or 10 percent more, compared to a total of just 258 for all of 2011. This translates to an average of 33 closings per month for all of 2012 compared to 30 per month for all of 2011. And from October through December of 2012 there were, on average , 34 closings each month, or nearly 26 percent more, compared to this same quarter during 2011. In all, a total of 34 more closings were finalized for all of 2012 versus 2011.

Total pending sales was also an area of improvement, albeit not to the same degree as sales. At year’s end, a total of 385 pending sales had been reported for all of 2012 compared to 364 for 2011. An average of 32 pending sales were reported each month, or 6.7 percent more, compared to 30 per month for 2011. Looking at the last quarter of 2012, from October through December, there were on average 27 pending sales reported each month, or 12.5 percent more, compared to an average of 24 per month during this same quarter in 2011. In all, there were 21 more pending sales reported for all of 2012 compared to 2011.

In the current housing market, fewer listings is a good thing since it helps stabilize prices. Such was the case in Plainfield as there were 100 fewer homes for sale in 2012 compared to 2011. At year’s end, a total of 2,264 homes had been placed on the market in 2012 compared to a total of 2,364 homes in 2011. On average, there were 189 homes on the market each month, or 4.1 percent fewer, compared to an average of 197 per month for all of 2011. And, from October through December of 2012, there were on average 162 homes for sale each month, or 8 percent fewer, compared to an average of 176 per month during this same quarter in 2011. And of the 2,264 homes on the market in 2011, 524 came in the form of new listings, or 23 percent.

This report provided courtesy of msWoods.

Other Plainfield Real Estate Resources Online:

View the complete, original report here.

Saturday, March 16, 2013

Noblesville Real Estate Market Sees 27 Percent Rise in Home Sales in 2012

Noblesville Indiana Real Estate Data Chart - January, 2013

Like most towns and cities in the Central Indiana area, the city of Noblesville made great strides in 2012 compared to 2011, at least insofar as three major stats were concerned: closed sales, pending sales and listings. Starting with closed sales, a total of 1,188 closings took place in 2012 versus a total of 939 in 2011. This corresponds to an average of 99 closings per month, or 26.9 percent more for all of 2012, compared to just 78 closings per month for all of 2011. An average of 97 closings too place each month during the last quarter of 2012, or 40.6 percent more, compared to an average of just 69 per month during this same quarter in 2011. In sum, there were 249 more homes sold in 2012 compared to 2011.

Pending sales were also on the rise in 2012. Specifically, a total of 1,182 pending sales were reported by year’s end in 2012 compared to the previous year’s total of just 964. This translates to an average of 99 pending sales per month, or 23.8 percent more, for 2012 compared to just 80 per month for 2011. In another comparison, from October through December of 2012, there were an average of 85 pending sales reported per month, or 19.7 percent more, compared to an average of 71 per month during this same quarter in 2011. In all, there were 218 more pending sales reported in 2012 compared to 2011.

The numbers for total listings also looked good. In 2012, there were 15 percent fewer homes on the Noblesville compared to 2011, or 6,584 versus 7,747 respectively. An average of 549 homes were listed for sale each month for all of 2012 compared to an average of 646 for all of 2011. From October through December of 2012, there were on average 495 homes for sale per month, or 18.3 percent fewer, compared to an average of 606 per month during this same quarter in 2011. The bottom line is that there were 1,163 fewer listings on the market in 2012 compared to 2011.

This report provided courtesy of msWoods.

Other Noblesville Real Estate Resources Online:

View the complete, original report here.

Wednesday, March 6, 2013

Mooresville Home Sales Up 20 Percent in 2012

Mooresville Indiana Real Estate Data Chart - January, 2013

2012 was a good year for the Central Indiana real estate market, as towns and cities everywhere saw significant improvements in several key stats, particularly closed sales, pending sales and listings. As concerned Mooresville, there was a lot to like. For starters, the Mooresville market enjoyed a 20-percent increase in total sales as a total of 282 closings took place in 2012 compared to just 234 in 2011. Monthly, 24 closings took place on average in 2012 compared to 20 per month on average in 2011. From October through December of 2012, an average of 25 closings took place each month compared to just 16 per month during the final quarter of 2011. This equates to a huge, 56.3-percent increase. In all, there were 48 more homes sold in 2012 versus 2011.

Total pending sales were also up, as a total of 281 transactions were reported by year’s end in 2012 compared to just 237 at year’s end, 2011. This translates to an average of 23 pending sales each month, or 15 percent more, compared to this same quarter in 2011. Perhaps most striking was a 35.7-percent increase in the average number of pending sales reported during the last quarter of 2012 compared to this same quarter in 2011, or 19 versus 14 respectively.

As you are not doubt well aware, the market has suffered from an excess of inventory ever since the 2008 crash. Fortunately, the Mooresville real estate market saw a 7.6-percent decrease in the total number of homes listed for sale, as there were 1,878 homes on the market in in 2012 compared to 2,038 homes for sale in 2011. On average, there were 170 homes for sale per month for all of 2012, or 7.6 percent fewer, compared to 157 per month for all of 2011. In sum, there were 160 fewer listings in 2012 compared to 2011. And, from October through December of 2012 there were nearly 18 percent fewer homes on the market compared to the final quarter of 2011.

This report provided courtesy of msWoods.

Other Mooresville Real Estate Resources Online:

View the complete, original report here.

Tuesday, March 5, 2013

Martinsville Real Estate Market Improves by 8 Percent in 2012

Martinsville Indiana Real Estate Data Chart - January, 2013

The Martinsville real estate market saw several statistical improvements in 2012 compared to 2011, even if the extent of these improvements was smaller compared to those of other nearby towns and cities in the Central Indiana area. While most Central Indiana markets underwent a decrease in the number of homes for sale in 2012 compared to 2011, the city of Martinsville saw no change whatsoever. The 2012, year-end total of 3,087 listings matches exactly the year-end total for 2011. In terms of averages, there were 257 homes listed per month for all of 2012 and 2011. However, from October through December of 2012 there were, on average, 250 homes for sale each month, or 0.8 percent more, compared to this same quarter in 2011.

One area of significant improvement came in the form of an 8-percent increase in the number of closings that took place in 2012 compared to 2011. The 2012 total of 326 sales represents a net increase of 30 compared to the 2011 total of 296. This translates to a monthly average of 27 sales per month for all of 2012 compared to 25 sales per month for all of 2011. Also, during the final quarter of 2012 there were, on average, 31 closings per month, or 29.2 percent more, compared to this same quarter in 2011.

The numbers for total pending sales also looked much better in 2012. A total of 341 pending transactions were reported in 2012 compared to just 296 2011. On average, 28 pending sales were reported each month for all of 2012, 7.7 percent more, compared to 26 per month for all of 2011. And, from October through December of 2012, there were on average 29 pending sales per month, of 45 percent more, compared to this same 3-month period at year’s end in 2011.
This report provided courtesy of msWoods.

Other Martinsville Real Estate Resources Online:

View the complete, original report here.

Monday, March 4, 2013

Indianapolis Real Estate Market Much Improved in 2012

Indianapolis Indiana Real Estate Data Chart - January, 2013

The Indianapolis real estate market was a reflection of the Central Indiana market as a whole, which is to say significant improvements were seen across a broad range of metrics in 2012 compared to 2011. Not the least of these improvements was a 14.7-percent increase in the number of homes sold, from 9,404 for all of 2011 to 10,792 for all of 2012. In terms of averages, a total of 899 closings took place each month during 2012 compared to just 784 per month during 2011. From October through December of 2012, an average 844 closings took place each month, or nearly 16 percent more, compared to this same quarter in 2011. The bottom line is that 1,388 more homes were sold in 2012 compared to 2011.

Total pending sales was an area of great improvement as well, as a total of 11,013 pending transactions were reported during all of 2012 compared to a total of 9,685 during all of 2011. This translates to a monthly average of 918, or 13.8 percent more, for 2012 compared to just 807 per month, on average, for all of 2011. In yet another analysis, there were 783 pending sales reported per month, on average, from October through December of 2012, compared to an average of 674 per month during this same period in 2011.

One of the most noteworthy stats came in the form of a 15.3-percent decrease in the total number of homes for sale in 2012 compared to 2011. In terms of hard numbers, there were 12,359 fewer homes on the market in 2012 versus 2011. And of the 68,317 homes on the market in 2012, 15,296 were new listings, or 22.4 percent. Contrast this to 2011, when there were 80,676 homes on the market, 16,969 of which were new listings, or 21 percent. On average, 1,414 homes were placed on the Indy market each month during 2011, compared to an average of just 1,275 per month during 2012. While the number of new listings represented a greater share of total listings in 2012 compared to 2011, this is only because there were so many more homes on the market during 2011.

This report provided courtesy of msWoods.

Other Indianapolis Real Estate Resources Online:

View the complete, original report here.