Avon Real Estate Market Slides in March, 2012

The Avon real estate market didn’t do so well in March, 2012, even as warmer temperatures made for better home shopping conditions. The news was mixed in at least one key statistical category: Namely, that of total listings. A total of 324 Avon homes for sale translated into a 14.1-percent increase versus the previous month’s total of 284. This isn’t really good news since one of the biggest challenges facing the market right now is excess inventory. By way of comparison, there the 5,733 homes for sale in Indianapolis marked an increase of just 2.2 percent during this same period. Looking at the Avon Indiana market 1 year ago, however, the most recent total represents a decrease of 6.1 percent, which is most definitely a good thing.

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Greenfield Listings Down 18.4 Percent in February, 2012 Versus 1 Year Ago

The Greenfield real estate market saw a 0.4-percent decrease in total listings in February compared to the previous month’s total of 260. In comparison, there was a 1.5 percent decrease in real estate and homes for sale in Indianapolis during this same period. Versus where the Greenfield market was 1 year ago, with 320 listings at that time, the most recent figure of 261 represents a nice 18.4-percent drop in total listings. Finally, Greenfield Indiana saw an average of 16.4 percent fewer homes listed for sale on a monthly basis from December of 2011 through February of this year compared to this same period 1 year ago.

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Mild Improvements in Franklin Real Estate Market in February, 2012

The Franklin real estate market saw a 1.8-percent increase in the total number of homes listed for sale versus the previous month. But what’s most surprising about the February’s total of 168 listings is that it represents a significant 29.7-percent decrease versus where this market was 1 year ago. In comparison, there were 1.5 percent fewer Indianapolis homes for sale during this same period. In a quarterly view, there were on average just 170 homes listed for sale in Franklin Indiana, 29.5 percent fewer, from December of 2011 through February of this year compared to this same quarter 1 year ago.

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Danville Home Sales Rise 28.6 Percent in February 2012

Improvement could be seen in many areas of the Danville real estate market in February of 2012. But this is not to say it was without its shortcomings. For example, total listings rose 1.8 percent. While this is not a terrible thing it does not help a market that is already struggling with an over-abundance of listings already. What’s more, compared to last February’s total of 102 listings this is actually an increase of 12.7 percent. In comparison, the neighboring Indianapolis real estate market saw a 15.2-percent decrease in the total listings versus where it was 1 year ago. In a different comparison, the Danville Indiana market saw an average of 114 homes listed per month from December of 2011 through Indianapolis real estate of this year, or 11.8 percent fewer, compared to this same period 1 year ago.

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Brownsburg Closings Up 43.5 Percent in February, 2012

The Brownsburg real estate market saw a 2.5-percent decrease in the total number of homes listed for sale in February compared to the previous month. But what really stands out, from a statistical standpoint, is the fact that the most recent total of 235 listings represents a precipitous 16.7-percent decrease in total listings compared to last February’s total of 282. By way of comparison, there were 15.2 percent fewer homes for sale in Indianapolis, IN during the month of February compared to this same time 1 year ago. Finally, Brownsburg Indiana saw a 13.1-percent decrease in the average number of homes listed for sale from December of 2011 through February of this year compared to this same period 1 year ago.

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Avon Real Estate Market Sees Significant Improvements in February, 2012

One positive development, at least as far as Avon sellers had to be concerned, was a 4.1-percent decrease in the total number of homes on the Avon real estate market. In comparison, there were 1.5 percent more homes for sale in Indianapolis during this same period. But the most recent figure of 284 Avon listings represents a much larger 9.3-percent decrease versus last February’s total of 313. Finally, there were, on average, 11.6 percent fewer homes on the Avon Indiana market from December of 2011 through February of this year compared to this same 3-month period 1 year ago.

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Zionsville Real Estate Market Report for January, 2012

Another bright spot was that the total number of homes for sale in Zionsville fell 4.3 percent in January compared to the previous month—a very welcomed change to be sure. Compared to last January’s total of 248, however, this represents a net increase of 8.9 percent. In comparison, there was a 2.4-percent drop in the number of Indianapolis homes for sale versus the previous month, and a 17-percent decrease versus January of 2011. Finally, from November of 2011 through January of 2012 there were, on average, a total of 283 listed on the Zionsville Indiana market, or 4.8 percent more, compared to this same quarter 1 year ago, when the average was 270 per month.

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