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Not exactly helping the market was a 12-percent increase in listings, as there were 177 homes for sale in Plainfield in January versus the previous month’s tally of 158. The good news: Compared to last January’s total of 188 this is a 5.9-percent decrease. In comparison, there were 2.4 percent fewer homes for sale in Indianapolis Indiana versus the previous month, and 17 percent fewer homes for sale versus 1 year ago. But the most improvement in this area derived from the fact that there were, on average, 8.1 percent fewer homes listed on the market in Plainfield Indiana from November of 2011 through January of this year compared to this same period 1 year ago.
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There were 8.4 percent fewer homes for sale in Indianapolis, IN in December compared to the previous month. By contrast, there was a 9.7-percent decrease in the number of Plainfield homes for sale during the same period. Even better, the total number of homes listed for sale in Plainfield Indiana fell 12.2 percent compared to where the market was 1 year ago.
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Ask any seller or real estate agent in Plainfield Indiana and they’ll probably tell you that Plainfield doesn’t need more homes for sale. One area of definite improvement came in the form of fewer homes listed on the Plainfield real estate market; 9.8 percent fewer to be exact. Compared to other nearby markets, like Indy for example, where there was only a 4.1-percent drop in the number of Indianapolis homes for sale this is quite an improvement. Moreover, November’s total of 175 listings represents a 5.9-percent improvement even versus last November’s total of 186.
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Another positive development was a 2.5-percent decrease in the total number of Plainfield homes for sale in October compared to the previous month’s total of 199. In comparison, there were 4.9 percent fewer Indianapolis homes for sale during this same period. Compared to last October’s total of 200 the Plainfield market had 3 percent fewer listings to offer most recently.
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If there’s one stat where negative numbers are preferred then surely it is that of total listings. It wasn’t much, by total listings changed -0.5 percent in August versus the previous month. But August’s total of 206 Plainfield homes for sale, compared to 1 year ago, represents a 5.1-percent decrease. Plus, the Plainfield real estate market saw a 1.9-percent decrease in the average number of homes listed for sale per month during the months of June through August of 2011 compared to this same quarter in 2010, or 209 versus 213 respectively.
View the complete, original article here.
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Mike Woods
Real Estate Brokerage
Indianapolis, IN
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Shannon Thomas REALTOR® SFR Want to Sell Your Home?
Real Estate Agent
Avon, IN
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