Zionsville, IN

Here is what is happening on the Zionsville real estate market in October 2009:

We do see an increase in the number of homes sold which is very good. However, we also see a slight dip in the average sales price which, again, may be triggered by the tax credit expiring. If you look at the YTD numbers for the average sales price compared to last year, Zionsville real estate is actually up 1%.
If you are thinking about purchasing or selling a home in the Zionsville market, please visit our website to learn more about how Red Door Real Estate can serve you best. You might also be interested in viewing Spring Knoll homes Zionsville or The Enclave homes Zionsville for more info on two of Zionsville’s most popular neighborhoods.

Here is a look at what happened on the Zionsville real estate market in September 2009:

This was actually not a bad month at for Zionsville homes. A 13% increase in the number of homes sold and basically unchanged average sales price since the same time last year. The year to date numbers for Zionsville show an 18% decrease in the number of homes sold and 2% increase in the average sales price. The absorption rate is at 10.14 which is higher than other northern suburbs of Indy like Carmel and Fishers but not out of control. There are currently 311 Zionsville homes on the market with an average asking price of $587,478.

If you are thinking about buying or selling a home in Zionsville, please visit our website for more information. You may be interested in Spring Knoll Zionsville or The Enclave Zionsville.

Here is a look at what happened on the Zionsville real estate market in September 2009:

This was actually not a bad month at for Zionsville homes. A 13% increase in the number of homes sold and basically unchanged average sales price since the same time last year. The year to date numbers for Zionsville show an 18% decrease in the number of homes sold and 2% increase in the average sales price. The absorption rate is at 10.14 which is higher than other northern suburbs of Indy like Carmel and Fishers but not out of control. There are currently 311 Zionsville homes on the market with an average asking price of $587,478.

If you are thinking about buying or selling a home in Zionsville, please visit our website for more information. You may be interested in Spring Knoll Zionsville or The Enclave Zionsville.

The Zionsville real estate market report for July 2009:

If we could just pretend that July didn’t exist in the Zionsville housing market, I would be OK with that:) Zionsville has been all over the map this year as far as number of homes sold and average sales price. In large part, these wild shifts come from only having 30 - 50 homes sell each month. In this case it makes sense to look at the YTD numbers which paint a far better picture showing a 1% increase in the average sale price. The number of homes sold in Zionsville is still down on the YTD numbers, but only 21% and not the 31% from July. The thing that concerns me about Zionsville real estate is the absorption rate is high at 11.45.
If you are thinking about buying or selling a home, please visit our Zionsville homes website to search all homes available. You may also be interested in looking at some Zionsville’s most popular neighborhoods including Stonegate Zionsville and Thornhill homes Zionsville

Here is a look at what happened on the Zionsville real estate market in January 2009 for homes under $700,000:

As you can see, there was not a ton of activity in January 2009 as far as number of homes sold. Somehow, only 8 homes sold in Zionsville during the month which resulted in a 70% decrease in activity. What is odd is that even though only 8 homes sold the average sales price was up 12 % over last year. I say this every time I do a Zionsville report, but with so few homes selling it is very difficult to get a grasp for the status of the market based on just one month’s sales activity. We will have to wait a few more months to see how the Zionsville real estate market will fare in 2009.

If you are looking for a home in Zionsville, please visit our Indianapolis homes website to search all homes in Zionsville and the greater Indianapolis area. Some of Zionsville’s most popular neighborhoods include: Stonegate, The Willows, and Cobblestone Lakes.