Greenwood, IN Real Estate News

By Michael Taylor
(Red Door Real Estate)
  The Greenwood real estate market for October 2007 is seeing the same trends as the rest of the Indianapolis market; a big drop in the number of homes sold with a small decrease in the average sales price.Active: There are currently 665 active listings on the Greenwood real estate market with an average asking price of $194,250.  The average home on the market right now is asking $96 per square foot and has been on the market for 107 days.  In October 142 new homes were added to the market with an average asking price of $180,403.  Sold: October 2007 had 88 Greenwood homes sell with an average selling price of $158,506.  The average home was on the market for 83 days, sold for $82 per square foot, and received 95% of the asking price. Compare this to October 2006 when 113 homes sold w...
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By Michael Taylor
(Red Door Real Estate)
Greenwood Indiana Real Estate Report – May 2007 At a Glance:     2007 2006 % Change Active: $218,306 Active: $198,578 9.93 Pending: $162,768 Pending: $164,599 -1.11 Sold : $160,865 Sold : $173,271 -7.16 Days on Market: 70 Days on Market: 62   Absorption Rate: 7.25       Active: May 2007 added 264 homes to the Greenwood Indiana real estate market and the average newly listed home was $218,306.  May 2006 added 297 Greenwood homes with an average listing price of $198,578.  The average home that was newly added to the Greenwood real estate market was up 9.93% or $19,728 over May 2006. Pending: In May 2007, 150 Greenwood homes went pending with an average asking price of $162,768.  May 2006 had 169 homes go pending on the Greenwood real estate market with an average asking price of $164,599...
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