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Avon, IN

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Some Market Stats for Avon, IN and Washington Township

10-07-08
Chris Camperelli
Chris Camperelli: Real Estate Sales Person in Avon, IN
  • view my blog
  • Office: (317) 271-5959
  • Mobile: (317) 388-3343

I dug up some stats out of MIBOR (Metropolitan Indianapolis Board of Realtors) for Avon and the surrounding Washington Township area for the past twelve months, from 10/8/07 to 10/7/08:

For residential (single family and condominiums):

Currently for sale: 515

Average Listing Price: $212,625

Average Days on Market: 140

In addition, the typical listing is a 3 bedroom, 2.5 bath home. 4 out of 5 have at least 1 fireplace and 22% have basements. Homes have an average of 2,244 sf.

Sold in the past 12 months: 838

Average Sale Price: $166,720

Average Days on Market: 84

Home which have sold are 3 bedroom, 2.5 bath homes. 2 out of 3 have at least 1 fireplace and 22% have basements. Homes have an average of 2,330 sf.

This also indicates, based upon number of homes sold versus now for sale, that there is a little over a 7 month supply on the market here. Sellers (and in most cases, their real estate agents) are still placing their homes on the market at unrealistically-high prices, as indicated by the sold vs. active data above.

PRICE YOUR HOME CORRECTLY. You benefit by attracting more buyers, selling faster and for closer to what you are asking.

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Hendricks County Indiana market watch

04-21-08
Chris Castetter, Hendricks County homes
Chris Castetter, Hendricks County homes: Real Estate Agent in Avon, IN
  • view my blog
  • Office: (317) 271-1700
  • Mobile: (317) 414-1117

The average sales price for a home in March was $140,098, which is 2.8% less than March 2007.

Average days on market increased from 91 days in March 2007 to 106 days in March 2008.

By county, pended home sales in Hancock County was 31.6 percent less than in March 2007. Pended home sales in Morgan and Shelby counties were down 5.3 percent while sales in Hamilton and Marion Counties were down 21.2 percent and 9.6 percent respectively.

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Avon, Indiana market watch

04-21-08
Chris Castetter, Hendricks County homes
Chris Castetter, Hendricks County homes: Real Estate Agent in Avon, IN
  • view my blog
  • Office: (317) 271-1700
  • Mobile: (317) 414-1117

AVON- HENDRICKS COUNTY - As the spring home buying season begins, pended sales in the nine-county region slipped in March while available inventory showed a slight decline for the first time this year, according to pended sales statistics compiled by CHRIS CASTETTER / F.C. Tucker Company.

March pended home sales were down 14.7 percent with 2,419 homes pending compared to 2,836 in March 2007. So far this year, overall pended home sales are down 10.1 percent from March 2007. Available inventory in March was 18,405, which is 158 fewer homes available than in March 2007.

"While the drop in pended home sales in March is higher than we anticipated based on February's encouraging numbers, available inventory appears to be starting to balance out. "Going into the spring/summer home buying season, we anticipate a sales spike as homeowners get back into the market, which continues to offer an excellent array of homes at affordable prices." www.sellmyavonhouse.com

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Avon, Indiana market watch

04-21-08
Chris Castetter, Hendricks County homes
Chris Castetter, Hendricks County homes: Real Estate Agent in Avon, IN
  • view my blog
  • Office: (317) 271-1700
  • Mobile: (317) 414-1117

AVON- HENDRICKS COUNTY - As the spring home buying season begins, pended sales in the nine-county region slipped in March while available inventory showed a slight decline for the first time this year, according to pended sales statistics compiled by CHRIS CASTETTER / F.C. Tucker Company.

March pended home sales were down 14.7 percent with 2,419 homes pending compared to 2,836 in March 2007. So far this year, overall pended home sales are down 10.1 percent from March 2007. Available inventory in March was 18,405, which is 158 fewer homes available than in March 2007.

"While the drop in pended home sales in March is higher than we anticipated based on February's encouraging numbers, available inventory appears to be starting to balance out. "Going into the spring/summer home buying season, we anticipate a sales spike as homeowners get back into the market, which continues to offer an excellent array of homes at affordable prices." www.sellmyavonhouse.com

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Avon, Indiana absorption rate, Chris Castetter, Talk to Tucker

02-19-08
Chris Castetter, Hendricks County homes
Chris Castetter, Hendricks County homes: Real Estate Agent in Avon, IN
  • view my blog
  • Office: (317) 271-1700
  • Mobile: (317) 414-1117

Avon, Indiana homes for sale vs. homes sold

As of February 2008.

This graph provided by, Chris Castetter/ Talk to Tucker real estate agent shows the number of homes for sale vs. the number of homes sold in Avon, Indiana over the last several months. This graph shows an absorption rate of 8.5 months. http://www.chriscastetter.com/

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