Zionsville Real Estate Report - December 2007

Active:

There are currently 226 active homes for sale on the Zionsville Indiana real estate market with an average asking price of $386,166. The average home has been on the market for 116 days and is listed for $146 per square foot.

Sold:

30 Zionsville Indiana homes sold in December 2007 with an average selling price of $291,688. These homes took 109 days to receive a contract and sold for $118 per square foot. December 2006 saw 28 homes sell with an average selling price of $303,688.

The number of Zionsville homes that sold in December was up 7% over last year while the average selling price was down 4%.

Over the previous 12 months, 420 homes have sold on the Zionsville real estate market with an average selling price of $320,060. Knowing 226 homes are currently for sale, we can see that there is currently a 6.46 months supply of homes on the market. This indicates that Zionsville is still in a buyer’s market, but is fairing better than most other areas of Indianapolis real estate.