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.
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
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
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/
visit wwwchriscastetter.com for more information about selling or buying real estate in Hendricks County, Indianapolis and surrounding areas. "It's good to be home"
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