Friday, June 29, 2012

Plainfield Home Sales Climb for Second Straight Month in May, 2012

plainfield indiana real estate data chart - May 2012

After surging by nearly 53 percent in March of this year, and then falling by nearly 15 percent in April, total pending sales in Plainfield reached a total of 42 in May, 2012. While this is a 2.4-percent improvement versus the previous month, it represents a 20-percent increase versus 1 year ago. Not only this, but the monthly average of 44 pending sales from March through May of this year represents a 15.8-percent increase compared to this same period last year. On average, there have been 31 pending sales per month over the past year.

Sales activity picked up by 9.8 percent, as a total of 45 closings took place in May compared to a total of 41 the previous month. This 9.8-percent improvement also held versus last May’s total number of closings which, coincidentally, was also 41. The average number of closings to take place on a monthly basis, from March through May of this year, was up 12.1 percent relative to this same quarter in 2011. The 12-month average number of closings each month is 31.

Sellers enjoyed just a bit of relief as there was 5.9 percent less competition on the Plainfield market in May compared to the previous month. Not only this, but compared to last May’s total of 216 listings, there were 4.2 percent fewer competing listings to contend with. Of the 207 homes for sale in May, 2012, 51 were new listings. This figure is down 13.5 percent versus the previous month’s total of 59 new listings, but also down nearly 18 percent versus last May’s total of 62 new listings. The 12-month average number of homes placed on the market each month is 48.

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    Thursday, June 28, 2012

    Noblesville Home Sales Rise Nearly 66 Percent in May, 2012

    noblesville indiana real estate data chart - May 2012

    There were marked improvements in several key indicators for the Noblesville real estate market in May of 2012, the most striking of which came in the form of a 65.8-percent increase in total sales. May’s total of 126 closings also represents a 20-percent increase versus last year’s total of 105 closings during this same month. On average, a total of 97 closings took place from March through May of this year, or 10.2 percent more, compared to this same 3-month period 1 year ago. This is also nearly 54 percent above the 12-month average of 82 closings per month.

    While the total number of pending sales was down nearly 14 percent in May versus the previous month, compared to last May’s total of 100, the most recent figure of 105 represents a 5-percent increase. Even more striking is the fact that this is a 22-percent increase over the 12-month average of 82. Also, the average number of pending sales each month, from March through May of this year was up 12 percent relative to this same quarter last year.

    Even though May’s total of 589 listings remained unchanged versus the previous month, compared May of 2011, there were 13.4 percent fewer homes on the market, which means less competition for active sellers. As well, the month average of 577 homes for sale from March through May of this year represents an 11.2-percent decrease in listings relative to this same quarter 1 year ago. Of the 589 homes listed for sale 167, or 28.4 percent, came in the form of new listings. This total is down 14.4 percent compared to last May’s total of 195 new listings. Versus the 12-month average of 134 it is up 24.6 percent.

    View the complete, original article here.

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    Wednesday, June 27, 2012

    3.4 Percent Fewer Homes on Mooresville Real Estate Market in May, 2012

    mooresville indiana real estate data chart - May 2012

    A quick glance at the latest figures for the Mooresville real estate market and it would be easy to characterize May of 2012 as a bad month. But a closer look shows this is not necessarily the case, at least not with respect to 3 key indicators. Yes, it is true that total sales fell by 3 percent relative to the previous month. But the 32 closings that took place in May represents a significant 33.3-percent increase when compared to last May’s total of just 24 closings. Also, from March through May of this year there were, on average, 26 closings per month, or 23.8 percent more, compared to this same period 1 year ago.

    There was a similar, albeit far less pronounced theme insofar as concerns pending sales. May’s total of 30, while 9.1 percent below that of the previous month, nevertheless, represents a 7.1-percent versus 12 months ago. Also, the monthly average of 32 pending sales logged each month, from March through May of this year, represents a 23.1-percent increase in pending sales compared to this same quarter in 2011, when the per-month average was just 26.

    The Mooresville market saw a 3.4-percent decrease in the number of homes for sale, from 178 in April to 172 in May. Compared to last May this is a 3.9-percent decrease in total listings. The average number of homes listed for sale each month from March through May of this year was unchanged from this same period 1 year ago. Of the 172 homes on the Mooresville market, 37 came in the form of new listings. This is up 19.4 percent versus last May’s total of 31. It is also up just a bit versus the 12-month average of 35.

    View the complete, original article here.

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    Monday, June 25, 2012

    Martinsville Average Time on Market Cut Nearly in Half in May, 2012

    martinsville indiana real estate data chart - May 2012
    The Martinsville real estate market saw a significant, 44.4-percent increase in sales, as a total of 26 closings took place in May of 2012 compared to the previous month’s total of just 18. The only downside to this stat is the fact that it is a 3.7-percent decrease compared to May of 2011. That said, an average of 24 closings took place each month from March through May, which represents a 9.1-percent improvement over this same quarter in 2011.
    Another area of improvement was that of total pending sales. May’s total of 33 represents a 22.2-percent increase over April’s total of 27. Even better, it is a 50-percent increase over last May’s total of 22. And the per-month average of 30 pending sales that were logged from March through May of this year represents a more-than-decent 20-percent increase over this same 3-month period 12 months ago.
    While there were 1.1 percent more homes listed for sale in May, compared to last year’s total of 269 the most recent figure represents a 4.9-percent decrease in total listings. And the monthly average of 262 homes for sale, from March through May of this year, represents a very slight 0.8-percent decrease versus this same 3-month period 12 months ago. Of the 269 homes for sale in May, 59 were new additions to the Martinsville market. This is down 10.6 percent from last May’s total of 66. The 1-year average number of new listings is 47 per month.
    View the complete, original article here.
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    Saturday, June 23, 2012

    Indianapolis Home Sales Rise 9.6 Percent in May, 2012

    indianapolis indiana real estate data chart - May 2012

    While there were some minor setbacks for the Indianapolis real estate market in May, 2012, the market showed substantive improvement in several key areas, especially when compared to last year. Take total listings as an example: May marked the 4th straight month that the number of homes listed for sale continued to rise. But while May’s total of 6,076 listings represents a 1.9-percent increase over the previous month’s total of 5,965—and we all know the market does not need more listings—compared May of 2011 this is a 14.4-percent decrease. In another comparison, the average number of homes listed for sale each month, from March through May of this year was down 15.3 percent compared to this same quarter 12 months ago. Of the 6,076 homes on the market in May, 1,629 were new listings. This is on a par not only with the previous month’s total of 1,613, but last May’s total of 1,637 as well. On average, a total of 1,362 homes are placed on the market each month in Indianapolis.

    A total of 1,049 closings took place in the month of May, making for a 9.6-percent improvement over the previous month’s total of 957. This is also a 13.7-percent increase over last May’s total of 923 closings. From March through May of this year an average of 954 closings took place, or 14.3 percent more, compared to a monthly average of just 835 closings during this same period in 2011.

    May’s total of 973 pending sales, while a disappointing 8.4-percent below the previous month’s total of 1,062, nevertheless represents a 2.9-percent increase over this same month 1 year ago. As well, the 1,044 pending sales logged each month, on average, from March through May of this year represents a 7.2-percent increase over this same period last year.

    View the complete, original article here.

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    Friday, June 22, 2012

    Greenwood Pending Sales Climb 48.2 Percent in May, 2012

    greenwood indiana real estate data chart - May 2012
    After climbing 3 months in a row, and then falling inexplicably by almost 31 in April, the total number of pending sales in Greenwood rebounded nicely by 48.2 percent in May, 2012. What’s more, May’s total of 123 pending sales represents a 41.4-percent increase versus 12-months ago. And the average number of pending sales logged each month, from March through May of this year, was also up 5.8 percent over this same quarter in 2011.
    But pending sales wasn’t the only stat to improve. For the fourth straight month, the total number of homes sold in Greenwood continued to climb. A total of 108 closings took place in May, making for a 5.9-percent increase over the previous month’s total of 102. But what’s most significant about this is the fact that is a 21.3-percent improvement over last May’s total of just 89 closings. Also, an average of 102 closings took place each month from March through May of this year, or 14.6-percent more, compared to this same period 1 year ago, when the monthly average was just 89 closings.
    While May’s total of 623 homes for sale was unchanged versus that of the previous month, it was down by 15.4 percent versus May of 2011, which is a very positive development for a market that already has too many listings. On average, there were 606 homes listed for sale from March through May of this year, or 16.9 percent fewer, compared to this same period 1 year ago. Of the 623 homes for sale in May, 174 were new listings. This is down nearly 8 percent from the previous month, although it is up 12.2 percent over last May’s total of 155.
    View the complete, original article here.
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    Thursday, June 21, 2012

    Greenfield Real Estate Report for May, 2012

    greenfield indiana real estate data chart - May 2012

    The Greenfield real estate market showed some nice gains in the month of May, 2012. Total sales, for example picked up by 15 percent versus the previous month’s total of 40. Also, the 46 closings that took place in May represent a 7-percent increase over last year’s total during this same month. The only negative stat came in the form of a 2.4-percent drop in the average number of monthly closings to take place from March through May of this year relative to this same quarter 1 year ago. An average of 39 closings have taken place each month over the past year in Greenfield.

     

    Another area of improvement, albeit less pronounced, concerned pending sales: May’s total of 51 was up 4.1 percent versus the previous month’s total of 49. Versus May of 2011 this is a 13.3-percent increase in total pending sales. In a different comparison, the average number of pending sales each month, from March through May of this year, was down 2.1 percent versus this same 3-month period 12 months ago. On average, there have been 41 pending sales per month over the past 12 months.

     

    While the total number of Greenfield homes listed for sale rose a very slight 1.4 percent, the 294 homes on the market in May represents a 5.8-percent drop versus last May’s total of 312. Also, there were on average 287 homes on the market each month from March through May of this year relative to this same period in 2011. Of the 294 homes listed for sale in May, 81 were new listings. This latter figure represents an increase of nearly 11 percent versus the previous month’s total of 73. It is also a 5.2-percent increase over last May’s total of 77 new listings. The 12-month average number of new homes placed on the Greenfield market each month is 63.

    View the complete, original article here.

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    Tuesday, June 19, 2012

    Franklin Real Estate Spends 38 Percent Less Time on Market in May, 2012

    franklin indiana real estate data chart - May 2012

    May, 2012 brought with it some positive news for the Franklin real estate market, although not as much of some would have preferred. Take, for example, the 35 closings that took place: This represents a dramatic 40-perent increase versus the previous month. But considering the fact that April’s total of 25 closings was the 3rd lowest in a year, anything other than a big rebound would have been very disappointing indeed. Another sobering fact: the most recent figure represents a decrease of nearly 3 percent compared to last May’s total of 36. Still, this is a difference of just 1 closing. Something else that stood out, in a good way, was the fact that there were, on average, 32 closings per month from March through May of this year, or 23.1 percent more, compared to this same quarter last year.

    The news was not nearly as good when it came to pending sales. While May’s total of 37 pending sales was unchanged versus the previous month, it was down 9.8 percent versus 12 months ago. Also, there were, on average, 33 pending sales logged each month from March through May of this year, making for an 8.3-percent decrease in comparison to this same period 1 year ago.

    After climbing for 3 consecutive months and reaching a 6-month high of 201 in April, the number of Franklin homes on the market in May fell 1.5 percent to a total of 198. This is a far more significant 18.5-percent decrease compared to last May’s total of 243 listings, which is most definitely a good thing for the Franklin market. Another good thing: The average number homes listed for sale each month, from March through May of this year fell 19.6 percent compared to this same period in 2011, or 197 versus 245 respectively.

    View the complete, original article here.

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    Monday, June 18, 2012

    Fishers Home Sales Rise 15.4 Percent in May, 2012

    fishers indiana real estate data chart - May 2012

    The Fishers real estate market suffered a 6.1-percent drop in total pending sales in May, 2012. While it would be too early to call it a trend, it does mark the second straight month that pending sales have fallen in Fishers since reaching a 15-month high of 168 in March of this year. Also, May’s total of 138 pending sales represents a 9.2-percent decrease versus 12 months ago. In a more positive comparison, the average number of pending sales logged each month from March through May of this year was up 2 percent versus this same quarter in 2011.

    Another positive development came from the fact that total closings rose 15.4 percent versus the previous month’s total of 143. Coincidentally, the most recent figure of 165 closings is also a 15.4 percent increase versus May of 2011. Also, the average number of closings that took place between March and May of this year was up 17.8 percent in comparison to this same period 1 year ago. One final note concerning sales: May marked the fourth straight month that this stat has risen since falling to a 12-month low of 58 in January of this year.

    Total listings in Fishers rose 0.1 percent as there were 690 homes on the market in May compared to 689 in April. Not only is this a 3.4-percent increase versus May of 2012, but it represents an increase of nearly 28 percent versus January, 2012. Of course, this latter stat is in part attributable to natural seasonal fluctuations. Finally, the average number of homes listed for sale each month, from March through May of this year, was up 5.5 percent compared to this same quarter in 2011.

    View the complete, original article here.

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    Friday, June 15, 2012

    Danville Average Time on Market Improves Greatly in May, 2012

    danville indiana real estate data chart - may 2012

    While the Danville real estate market wasn’t perfect in May, 2012, there was a lot to like in terms of market performance. The average number of homes sold rose 25 percent, from 12 in April to 15 in May. What prevents this from being entirely good news is the fact that, compared to last May’s total of 16 closings, it represents a 6.2-percent decrease in total closings. That said, the average number of closings to take place each month, from March through May of this year, rose an astounding 41.7 percent in comparison to this same 3-month period 1 year ago.

    In the area of pending sales there was a lot to like. May’s total of 19 pending sales represents an increase of 26.7 percent. What’s more, this is an increase of 18.8 percent compared to last May. As well, the average number of pending sales per month, from March through May of this year, was up 221.4 percent relative to this same quarter in 2011.

    Meanwhile, the total number of Danville homes on the market grew by 10.4 percent in May versus the previous month’s total of 135. Obviously, nobody wants to see an increase in the number of homes on the market, but compared to last year (May, 2011) this represents a 5.7-percent decrease in total listings. There was no change in the average number of homes listed for sale from March through May of this year in comparison to this same period 1 year ago. In both cases, the average stands at 139.

    View the complete, original article here.

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    Thursday, June 14, 2012

    Carmel Homes Fetch Average $317,000 Price in May, 2012

    carmel indiana real estate data chart - May 2012

    Overall, the Carmel market showed some nice improvements in May, 2012. But first the bad news: Total pending sales fell 22 percent, from 177 in April to just 138 in May. That said, this represents a 0.7-percent increase compared to last May, which by the way, translates into an actual difference of just 1 pending sale. Still, any improvement, no matter how small, should not be dismissed. A more significant, 16.4-percent increase was seen in the average number of pending sales tallied each month, from March through May of this year, relative to this same quarter 1 year ago, or 156 versus 134 respectively.

    Perhaps one of the biggest developments for the Carmel market in May was a sizable 30.7-percent increase in the total number of closings that took place versus the previous month. May’s total of 166 also represents an even greater 35-percent increase versus 1 year ago. Oh, and an average of 135 closings took place each month from March through May of this year, making for a nice 18.4-percent increase relative to this same period in 2011.

    After hitting a 12-month low of 610 in January of this year, the total number of Carmel homes listed on the market has continued to rise in the ensuing months, most recently hitting an 8-month high of 775 listings in May. It should be noted, however, that this represents a 12.8-percent decrease compared to May of 2012. Also, from March through May of this year there were, on average, 744 Carmel homes for sale each month, or 14.4 percent fewer, compared to this same 3-month period last year. One more observation: Of the 775 homes for sale, 262 were new listings. The average number of new listings placed on the Carmel market over the past 12 months is 182.

    View the complete, original article here.

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    Wednesday, June 13, 2012

    Brownsburg Home Sales Rise 9.1 Percent in April, 2012

    brownsburg indiana real estate data chart - May 2012

    The Brownsburg real estate market took a hit in at least one area: Total pending sales fell a precipitous 47.9 percent in May, 2012 versus the previous month. But not only that, the most recent total of just 38 pending sales was down 28.3 percent compared to last May’s total of 53 pending sales. One bright spot—if it can properly be called that—is the fact that the average number of pending sales logged each month, from March through May of this year, increased slightly, by 1.8 percent compared to this same quarter last year.

    View the complete, original article here.

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    Tuesday, June 12, 2012

    Avon Average Time on Market Falls Sharply in May, 2012

    avon indiana real estate data chart - May 2012

    Sellers in Avon, Indiana faced slightly more competition in May, as total listings rose 2.3-percent versus the previous month’s total of 341. Even so, the upside to this is that it is still down nearly 1 percent versus last April’s total of 352 listings. In terms of the overall state of the Avon market, it is this latter statistic that is the most meaningful, since it is more reflective of progress. Another interesting stat: Of the 349 homes listed for sale in Avon, 78 were new listings. Not only is this down nearly 19 percent versus the previous month’s total of 96, but it is down 7.1 percent versus last April’s total of 84 new listings. In yet another comparison, the average number of homes listed for sale each month, from March through May of this year, fell 3.4 percent relative to this same quarter last year.

    View the complete, original article here.

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