Center Township Closings Up 12.6 Percent in October, 2011

In the Center Township area of Indianapolis Indiana there the total number of Center Township homes for sale fell 2.4 percent, from 1,145 in September to 1,118 in October. Compared to last October’s total of 1,307 this represents a 14.5-percent improvement in a market that most experts consider to be burdened with too much inventory. From August through October of this year there were on average 1,140 homes listed in this area of the Indianapolis real estate market, or 17.6 percent fewer, compared to this same quarter in 2010, when the per-month average was 1,383.

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