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Whereas there were 8.4 percent fewer Indianapolis houses for sale in December compared to the previous month, the city of Greenwood Indiana saw a somewhat lesser 7.3-percent decrease over the same period. Compared to last December, there were 16.7 percent fewer Greenwood homes for sale.
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While the Indianapolis real estate market saw an 8.4-percent drop in total listings the Franklin market nearly matched this as there were 7.9 percent fewer homes on the market versus the previous month. In our 1-year comparison, there December’s total of 176 Franklin homes for sale represents a significant 27.6-percent decrease compared to December of 2010’s total. Finally, Franklin Indiana saw a 25.6-percent decrease in the average number of monthly listings from October through December of this year compared to this same period last year.
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Whereas there was a 4.1-percent decrease in the amount of real estate for sale in Indianapolis from October through November the Greenwood real estate market experienced an even greater 6.6 –percent decrease, as there were just 577 homes for sale compared to the previous month’s total of617. Compared to last November’s total of 657 listings this represents a 12.2-percent decrease. Further still, there were on average 3.4 percent fewer homes for sale per month in Greenwood Indiana from September through November of this year compared to this same period 1 year ago, when the monthly average was 708 listings.
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While there was 4.1 percent less real estate and homes for sale in Indianapolis in November compared to the previous month, a larger 8.2-percent drop in listings was seen in the Franklin market over this same period. What what’s truly impressive is the fact that the Franklin real estate market saw a precipitous 25.7-percent drop in listings compared to last November’s total of 257. Finally, from September through November of this year there were on average 203 homes for sale in Franklin Indiana, or 25.1 percent fewer, compared to this this same 3-month interval just 1 year ago.
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Since reaching a 12-month high of 736 in May of 2011 the number of Greenwood homes for sale has fallen in each of the ensuing months, most recently falling 3.9 percent from the previous month’s total of 643. This 3.9-percent decrease comes close to matching the 4.9-percent drop in Indianapolis homes for sale during the same 1-month period. But Greenwood listings, compared to last October’s total of 704, were down an even greater 12.2 percent. From August through October of this year there were on average 12.4 percent fewer homes on the market per month compared to this same period last year.
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Tonda & Steve Hoagland Greenwood Indiana Real Estate
Real Estate Agent
Greenwood, IN
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Heather Fitzgerald | Indiana REALTOR Greenwood Indiana Real Estate
Real Estate Sales Person
Greenwood, IN
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