About Johnson County, IN

I truly apologize for the short notice but some how I must have overlooked this one!!

There are two Forums for the planned Mass transit expansion in to Johnson County.

One meeting is at the Greenwood IN Public Library at 7pm on March the 18^th 2008 and the other is at the Johnsons County Public Library in Franklin IN at 7pm on March the 20^th 2008.

Reason for the Forums is to find out if you the resident might be interested in Mass transit and what your thoughts are. Here is your chance to find out what their possible plans are and what you would like to see what they should do.

Attendance might be high, so go early.

You would like to find out any more info on all of this and possible upcoming meetings here is the CIRTA's Central Indiana Regional Transportation Authority website

http://www.cirta.us/

I just would like to put my two cents in for right now! I have been used to mass transit my entire life until I moved to the US. Here in Central IN you could not get anywhere quick without a car there is nothing but the few bus lines around Indy.

I was so spoiled with being able to use either a bus or a commuter train every 10-15 minutes and I was able to go anywhere with in Europe no matter how small the town was.

The Greenwood Indiana real estate market had a 20% increase in sales for January, but is showing a significant decrease in sales in February 2008. In addition to the number of Greenwood homes selling, the average sales price is also down. Here is a quick look at what happened in Greenwood for February 2008 for homes under $500,000:

A quick note about the days on market, there is a home that is throwing the numbers way off with a days on the market of over 10,000. Obviously something is wrong, as that home has not been the market for over 27 years. Throwing that out, we are still looking at some pretty bleak numbers for Greenwood homes in February 2008. As with some of the other north side neighborhoods such as Carmel real estate, the absorption rate appears to staying at a manageable level with only a 6.67 months supply of homes currently on the market. Spring is right around the corner and hopefully that along with the new tax bill will galvanize the Greenwood real estate market.

If you are considering purchasing or selling Greenwood real estate, contact Mike Taylor at Rebate Real Estate to learn more. You can also visit our Indianapolis real estate website to learn more about our 50% commission rebate offer.

Here is a quick glance at what has happened on the Greenwood Indiana real estate market for December 2007:

The numbers for the Greenwood real estate market are typical with the current market conditions in other areas of Indianapolis. The number of homes sold is down and the average selling price down slightly over last year. The good news for the Greenwood market is that there is only a 6.18 months supply of homes on the market; this indicates that it is still a buyer’s market, but the market is not completely flooded with homes.

If you are looking for Greenwood homes for sale, visit our website for more local information and search homes for sale. Rebate Real Estate services the entire metro area; visit our Indianapolis real estate website for more information about us.

Active:

There are currently 603 active properties for sale on the Greenwood real estate market with an average asking price of $186,248. The average home that is currently for sale is listed for $94 per square foot and has been on the market for 114 days.

Sold:

November 2007 saw 94 Greenwood homes sell with an average selling price of $157,867. The average home that sold took 97 days to receive a contract and sold for $82 per square foot. In November 2006, 83 homes sold on the Greenwood real estate market with an average selling price of $157,548. These homes averaged 87 days on the market and $82 per square foot.

Over the past 12 months, 1223 Greenwood homes have sold with an average selling price of $161,622. From this and the current homes on the market, we are able to see that the Greenwood real estate market has a relatively healthy 5.92 months supply of homes currently on the market.

While the average selling price is basically unchanged over last year, the unbelievable news for Greenwood in November is that the number of units of sold is up 13% over last years numbers. This is absolutely incredible with the current market conditions and other areas of Indianapolis reporting losses or stagnant numbers. Hopefully, this is the start of resurgence for the Greenwood real estate market.

If you are interested in Greenwood real estate, you might also be interested in Indianapolis real estate.

All figures are based on Greenwood homes under $500,000.