Showing posts with label Market Reports. Show all posts
Showing posts with label Market Reports. Show all posts

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.

Friday, February 22, 2013

Greenwood Real Estate Market Sees 25.3-percent More Homes Sole in 2012

Greenwood Indiana Real Estate Data Chart - January, 2013

Improvements in at least 3 major stats contributed to a Greenwood real estate market that was significantly improved in 2012 compared to 2011. In fact, the Greenwood market was among the most improved in all of Central Indiana. Starting with sales, a total of 1,245 homes were sold, or 25.3-percent more, compared to the previous year’s total of 997. An average of 104 closings took place per month in 2012 compared to an average of just 83 per month in 2011. During the final quarter of 2012 an average of 96 closings took place each month, or 37.1 percent more, compared to an average of 70 per month during the final quarter of 2011. In sum, there were 248 home homes sold for all of 2012 compared to the previous year.

Pending sales was another area of great improvement. The year-end total of 1,250 reported pending transactions represents a 22.4-percent increase in total pending sales compared to the 2011 year-end total of 997. On a per-month basis, there were 104 pending sales reported on average during 2012 compared to 2011. In yet another comparison, the average number of pending sales reported each month during the last quarter of 201 was up a significant 45.2-percent over this same quarter in 2011, or 90 versus 62 respectively. In all, a total of 229 more pending sales were reported for all of 2012 compared to all of 2011.

But perhaps the most significant stat of them all was a huge, 18.2-percent drop in the total number of homes listed for sale in Greenwood, from 7,976 in 2011 to just 6,526 in 2012. This translates to a monthly average of 544 in 2012 versus 665 in 2011. From October through December of 2012 there were, on average, just 465 homes for sale, or 19.4 percent fewer, compared to an average of 577 during this same quarter in 2011. Of the 6,526 homes for sale in 2012 a total of 1,601 came in the form of new listings. This represents a net difference of -143 versus the previous year.


This report provided courtesy of msWoods.

Other Greenwood Real Estate Resources Online:

View the complete, original report here.

Thursday, February 21, 2013

Greenfield Real Estate Market Sees 13.5-Percent Increase in Sales in 2012

Greenfield Indiana Real Estate Data Chart - January, 2013

The Greenfield real estate market saw a 13.5-percent increase in the total number of homes sold in 2012 compared to 2012. The year-end total of 509 sales equates to an average of 42 closings per-month in 2012 compared to an average of just 37 per month for all of 2011. Also, from October through December of 2012, an average of 44 closings took place each month, or 29.4 percent more, compared to this same quarter in 2011, when an average of just 34 closings took place per month. In all, there were 69 more homes sold in 2012 compared to 2011.

But total sales was not the only stat to improve. A total of 504 pending sales were reported for all of 2012 compared to just 440 for all of 2011. This equates to an average of 42 pending sales per month, or 7.7 percent more, compared to the 2011 average of 39 per month. Also, from October through December of 2012, there as a 34.5-percent increase in the number of reported pending sales relative to this same quarter in 2011. The bottom line is that 37 more pending sales were reported for all of 2012 compared to 2011.

One stat that really stands out is the one that most closely correlates to home prices: Namely, total listings. In 2012, a total of 3,358 homes were listed for sale, or nearly 12 percent fewer, compared 3,799 homes for sale during all of 2011. This translates to an average of 280 homes per month for 2012, versus 317 per month for 2011. The net difference was -441. Looking at the final quarter of 2012, on average, there were there were 258 homes for sale each month, compared to an average of 295 per month during this same quarter in 2011. This translates to 12.5 percent fewer listings. Of the 3,358 Greenfield homes listed for sale during all of 2012, 728 were new listings.
This report provided courtesy of msWoods.

Other Greenfield Real Estate Resources Online:

View the complete, original report here.

Friday, February 15, 2013

Fishers Real Estate Market Shows Signs of Life in 2012

Fishers Indiana Real Estate Data Chart - January, 2013

What a difference a year can make. Improvements in several key stats contributed to a Fishers real estate market finally began to show some signs of life in 2012. While the market still has a ways to go compared to the pre-2008 era, it was significantly improved versus 2011.

Starting with sales, a total of 1,562 closings took place during all of 2012, compared to a total of just 1,258 for all of 2011, meaning the market improved by nearly 24 percent. This translates to an average of 130 closings each month for 2012, compared to 105 per month for 2011. Moreover, an average of 117 closings took place during the final quarter of 2012, or 41 percent more, compared to an average of just 83 per month during this same quarter in 2011. When all was said and done, there were 304 more homes sold in 2012.

One of the most pressing issues for not only the Central Indiana market, but the U.S. market as a whole, has been an over-supply of homes, in effect holding prices down and creating a distinct buyer’s market. Fortunately, there were 6.4 percent fewer homes on the Fishers market in 2012 compared to 2011, or 7,147 versus 7,643 respectively. This equates to a difference of -496 listings. On average, there were 596 homes listed for sale each month during 2012 compared to 637 per month during 2011. During the final quarter of 2012 there were 499 homes on the market each month, on average, or 15 percent fewer, compared to this same quarter in 2011. Of the 7,147 homes for sale in 2012, 1,942 were new listings.

The total number of pending sales reported rose 21.3 percent, from 1,292 for all of 2011 to 1,569 for all of 2012. This equates to an average of 131 per month for 2012 and 108 per month for 2011. An even greater improvement was seen in our quarterly comparison, as there were 28.2 percent more pending transactions reported during the last quarter of 2011 compared to the last quarter of 2011, or 100 versus 78 respectively.

This report provided courtesy of msWoods.

Other Fishers Real Estate Resources Online:

View the complete, original report here.

Thursday, February 14, 2013

Danville Real Estate Market Improves in 2012

Danville Indiana Real Estate Data Chart - January, 2013

The Danville real estate market ended the year 2012 having improved significantly in several key statistical areas. Unfortunately, the total number of homes listed for sale was not among these improvements, at least not in the context of the current economy. A total of 1,566 homes were on the market in 2012, up 2.3 percent versus the 2011 total of 1,537 listings. Still, we are not talking about a huge increase. On average, there were 131 homes listed for sale each month in 2012 compared to 128 per month in 2011. And, from October through December of 2012, there were on average 8.8 percent fewer homes on the Danville market compared to this same quarter in 2011. The bottom line is that this was not a significant setback for the market, even if it did nothing to help prices. Of the 1,566 homes on the market in 2012 331 were new listings.

A total of 211 homes were sold in 2012 compared to just 179 for all of 2011. On average, a total of 18 closings took place per month in 2012, or 20 percent more, compared to an average of 15 per month in 2011. The average number of homes sold per month during the last quarter of 2012 was up 10.5 percent versus this same quarter in 2011, or 21 versus 19 respectively.

Total pending sales was a strong point as well. During the most recent quarter, from October through December of 2012, an average of 16 pending transactions were reported compared to an average of 14 during this same quarter in 2011, making for a 14.3-percent improvement. A total of 210 pending sales were reported for all of 2012, up 20 percent versus all of 2011. On average, 18 pending sales were reported each month in 2012 compared to 15 per month the year prior to this.

This report provided courtesy of msWoods.

Other Danville Real Estate Resources Online:

View the complete, original report here.

Wednesday, February 13, 2013

Central Indiana Home Sales up 16.7 Percent Versus 2011

Central Indiana Real Estate Data Chart - January, 2013

The Central Indiana real estate market and its 19 constituent counties of showed remarkable improvement versus this same time 1 year ago in at least 3 key areas: Total homes for sale, total homes sold and total pending sales. As the saying goes, the numbers don’t lie.

A total of 4,131 more sales were finalized during all of 2012 compared to all of 2011. The 2012 total of 28,908 homes sold represents a 16.7-percent increase over 2011’s total of 24,774 homes sold. On average, there were 2,409 closings per month in 2012 compared to 2,065 the in 2011. As of December, 2012, there a total of 1,905 closings took place in Central Indiana, up 8.7 percent versus December of 2011. Even more impressive was the how the market performed during the most recent quarter compared to last year.  From October through December of 2012, an average of 2,361 closings took place each month, or 23.7 percent more, compared last year’s average of just 1,909 this same quarter.

Big improvements were also seen in pending sales, as there were a total of 3,940 more pending sales reported in 2012 compared to 2011, or 29,394 versus 25,454 respectively. This translates to an increase of 15.5 percent. December’s total of 1,725 pending sales represents a 12.2-percent increase compared to last year’s total of 1,538. And from October through December of 2012, there were, on average, 2,115 pending sales reported per month, or 21.3 percent more, compared to this same period 1 year ago.

As is quite clear to anyone in the real estate business, the number-1 factor that has negatively affected home prices since 2008 is supply. Fortunately, the Central Indiana market made great strides toward achieving a better balance in terms of supply-and-demand, as there were 25,901 fewer homes on the Central Indiana market in 2012 compared to the previous year, or 185,683 versus 211,584 respectively. December’s total of 12,931 homes for sale represents a healthy, 13.8-percent decrease in total listings versus this same month 1 year ago, and that’s good news. In fact, since peaking at a total of 16,894 in June, 2012, the number of homes on the market in Central Indiana had fallen for 6 consecutive months. In yet another comparison, the average number of homes listed for sale on the Central Indiana market, from October through December of 2012, was down 12.8 percent relative to this same quarter 1 year ago, or 14,045 versus 16,099 respectively. Finally, of the 12,931 homes on the market in December, 1,962 were new listings. During this same month last year a total of 2,033 new listings made their way to the market.

This report provided courtesy of msWoods.com

Other Central Indiana Real Estate Resources Online:

View the complete, original report here.

Thursday, February 7, 2013

Brownsburg Real Estate Market Improves by 25 Percent in 2012

Brownsburg Real Estate Data Chart - Year End, 2012 Versus 2011

The Brownsburg real estate market saw great improvement in 2012 in at least 3 key areas: Total closings, total reported pending sales and total listings. A total of 601 homes were sold in 2012 compared to just 481 in 2011. The 2012 average of 50 sales per month represents a very distinct 25-percent increase of 25 percent compared to the 2011 average of just 40 sales per month. Also, from October through December of 2012, there were on average 49 sales per month, or 28.6 percent more, compared to this same quarter in 2011. After all was said and done, there were 120 more closings in 2012 compared to 2011, and that is a good thing for the Brownsburg economy.

Pending sales was another area of great improvement, as there were on average 49 pending transactions reported each month for all of 2012 compared to 2011. In all, a total of 584 pending sales were reported during 2012, or 19.5 percent more, compared to a total of 493 during 2011. From October through December of 2012, there were on average 42 pending sales per month, or 31.3 percent more, compared to an average of just 32 per month during this same quarter in 2011.

One trend that was welcomed news for the market as a whole was a decline in the number of homes for sale. The 2012 total of 3,204 listings represents a 6.3-percent drop in available inventory compared to the 2011 total of 3,424 listings. On average, 267 homes were listed for sale each month during 2012 compared to an average of 285 per month during 2011. The bottom line is that there were 120 fewer homes on the market for all of 2012.

This report provided courtesy of msWoods.

Other Brownsburg Real Estate Resources Online:

View the complete, original report here.

Wednesday, February 6, 2013

Avon Home Sales Rise 14 Percent in 2012

Significant improvements were seen across a range of metrics for the Avon real estate market in 2012, particularly compared to how the Avon market looked in 2011. For starters, home sales were up 14 percent for all of 2012 compared to all of 2011. A total of 592 homes were sold in 2012, 82 more than were sold in 2011. This translates to an average of 49 sales per month versus 43 in 2011. Capping off the year was a 60-percent average increase in the number of homes sold each month, from October through December of 2012, compared to this same quarter in 2011.

But not only were closings up, the number of pending transactions reported during all of 2012 was up 16.3 percent compared to 2011, as there were on average 50 pending transactions in the pipeline each month compared to an average of 43 per month in 2011. In sum, there were 604 pending sales reported for all of 2012 compared to 517 for all of 2011. There were, on average, 47 pending sales per month from October through December of 2012, compared to 33 per month during this same period in 2011.

Another positive development for the Avon real estate market came in the form of a 5.8-percenet decrease in the total number of homes listed for sale in 2012 compared 2011. In all, a total of 3,890 homes were on the market in 2012 compared to 4,128 during 2011. The bottom line is that there were 238 fewer homes on the market in 2012. On a month-to-month basis, there were 324 homes on the market, on average, compared to 344 per month during 2011. And of the 3,890 homes listed for sale in 2012, 848 were new listings, or 21.7 percent.

This report provided courtesy of msWoods.

Other Avon Real Estate Resources Online:

View the complete, original report here.

Tuesday, February 5, 2013

Greater Indy Metro Real Estate Market Improves Significantly in 2012

It’s easy to get lost in the short-term market fluctuations that occur from one month to the next. But in the world of statistics, it is the bigger picture that matter most. With this in mind, we look at the greater Indianapolis metro real estate market and the nine counties that comprise it, including Boone, Hamilton, Hancock, Hendricks, Johnson, Madison, Marion, Morgan and Shelby.

Looking at this year’s numbers, the one thing that stands out is that the market was significantly improved in 2012 compared to where it was in 2011. This can be seen in at least three very important indicators: closed sales, pending sales and listings.

With respect to home sales, it should be noted that month of December, 2012 marked to 20th straight month for which the total number of homes sold during that month exceeded the previous year’s total for the same month. But there were several other improvements seen in 2012 compared to 2011. There were 23,292 fewer homes on the greater Indy market for all of 2012 compared to 2011. The 2012 average of 12,721 listings per month represents a 13.2-percent reduction compared to the 2011 average of 14,662 listings per month. In December of 2012, there were 10,388 homes on the market, or 28.8 percent fewer, compared to 14,595 homes 1 year ago. From October through December of 2012, there were, on average, 11,352 homes listed each month, nearly 15 percent fewer, compared to this same quarter 1 year ago. And of the 152,656 homes on the market during all of 2012, 34,619 were new listings, or 22.6 percent. Compared to all of 2011, when 21.2 percent of the homes on the market were new listings this represents a slight increase of 1.4 percent.

This report provided courtesy of msWoods.

Other Marion County Real Estate Resources Online:

View the complete, original report here.

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.

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.

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.