Here is a look at what happened on the Zionsville real estate market in January 2009 for homes under $700,000:
2008 |
2009 |
% Change |
|
| Active | N/A |
257 |
|
| Homes Sold | 27 |
8 |
-70% |
| Average Selling Price | $319,679 |
$359,066 |
12% |
| Days on Market | 93 |
114 |
23% |
| Price Per Square Foot | $123 |
$126 |
2% |
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.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved