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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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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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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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One area of improvement that has been seen throughout many central Indiana real estate markets comes in the form of fewer listings. The total number of Greenwood listings in September fell 6.1 percent, to 643 versus the previous month’s total of 685. This is a slightly better statistical improvement compared to the 3.2-percent drop in listings that the Indianapolis real estate market recorded. Compared to last year during this same month this is a 15.6 percent decrease. Plus, from July through September of this year there were 10.8 percent fewer homes on the Greenwood real estate market per month compared to this same quarter last year, or 676 versus 758 respectively.
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Since reaching a 12-month peak of 736 in May of 2011 the total number of Greenwood homes for sale has now fallen for the third consecutive month, most recently totaling 685, making for a 2-percent decrease versus the previous month’s total of 699. Versus last August’s total of 756 the falloff is more pronounced at 9.4 percent. Looking at the most recent quarter that spans the months of June through August, there were, on average, a total of 705 homes listed on the Greenwood real estate market compared to this same quarter in 2010.
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Shawna Ebersole | Greenwood, IN Real Estate
Real Estate Agent
Greenwood, IN
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Tonda & Steve Hoagland Greenwood Indiana Real Estate
Real Estate Agent
Greenwood, IN
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