Monday, November 7, 2011

Indianapolis Market Slows Down in September, 2011

indianapolis indiana real estate data chart - September 2011
Leaves weren’t the only thing falling in September, 2011. Unmistakable signs of an Autumn slow-down could be seen in the latest sales figures for the Indianapolis real estate market. Starting with total listings, there were 3.2 percent fewer Indianapolis homes for sale in September versus the previous month, or 6,775 versus 6,997 respectively. What’s more, compared to last year during this same month this is a 13.5-percent decrease. Even the average number of homes on the market per month from July through September of this year was down 13.4 percent versus this same period 1 year ago.
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