Indianapolis Real Estate Report - Warren Township - October 2007

The Warren Township real estate market for October 2007 has mixed numbers. The total number of homes sold is down while the average selling price is up slightly.

In October 2007, 97 Indianapolis homes sold in Warren Township with an average selling price of $89,472. The average home took 92 days to sell and received 94% of the asking price. In October 2006, 125 homes sold on the Indianapolis real estate market in Warren Township with an average selling price of $86,756. The average home in 2006 received 95% of the asking price and took 95 days to sell. As you can see the number of homes sold is down by 22% over last year while the average selling price is up 3.13%.

As of today, there are 1247 Indianapolis houses on the market in Warren Township. Over the past 12 months 1583 homes have sold; this means that if no new homes were added to the market there is a 9.45 months supply of homes on the market.

The Warren Township real estate market seems to on par with the rest of the Indianapolis real estate numbers. The number of homes sold is down, but the average selling price seems to be holding steady and going up slightly.

If you are looking for an Indianapolis Real Estate Agent to represent you in next purchase of a home in Warren Township, contact Mike Taylor at Rebate Real Estate to learn how you can qualify for a 50% commission rebate.