Michael Taylor

Washington Township real estate in Indianapolis had a big drop in the number of homes sold in December 2007 and a slight decrease in the average selling price. Here is a quick glance at what happened in Washington Township:

December marked the 4th straight month of double digit decreases in the number of homes in Washington Township. While the average selling price decreased 5 out the last 6 months, Indianapolis homes in Washington Township have seen a less drastic decrease. The good news for the Indianapolis real estate market in Washington Township is that the inventory doesn’t seem to be out of control. There is currently only a 6.42 months supply of homes on the market.
While these numbers are defiantly not stellar, it does represent a great buying opportunity if you are in the market for Indianapolis real estate. You can visit our website and search all the Indianapolis homes for sale in Washington Township and contact us when you have some you would like to view.

The Pike Township real estate market in Indianapolis took a big hit in the number of homes sold in December 2007. While the number of homes sold was down by almost 50%, the average sales price only declined by 2% over last year. Here is a quick glance at what happened in Pike Township in December:

What is kind of shocking is that the average days on the market is actually down despite all the inventory and decrease in sales. Indianapolis real estate as whole is seeing some big decreases in the number of homes sold as well. While the December statistics may be depressing, the year end numbers reflect a smaller decrease with only 10% fewer Indianapolis homes sold in 2007 than in 2006.

If you looking for real estate in Indianapolis, now is a great time to buy; inventory is high and prices are low. Feel free to use our Indianapolis MLS search function on our website to find the right home for you. Contact us once you have found some homes to view and learn how to receive a 50% commission rebate on your next home.

Brooks Chase in Fishers Indiana is a very popular community due to its great location and affordability. Fishers Indiana real estate is already very sought after, but Brooks chase has been outpacing the entire area with the number of sales last year. Let’s take a look at 2007’s statistics compared to 2006:

As you can see, the number of homes sold is up an amazing 88% over 2006. When other areas are seeing 30% - 40% decreases, Brooks Chase still remains in high demand. The other numbers are not bad considering the market conditions. The overall condition of Brooks Chase real estate is stable, with houses continuing to move.

If you are considering buying a home in Brooks Chase Fishers, contact Mike Taylor to learn how you can get a 50% commission rebate on the purchase of your next home. The rebate works for all Indianapolis homes including Fishers real estate and homes in Brooks Chase.

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 226 active homes for sale on the Zionsville Indiana real estate market with an average asking price of $386,166. The average home has been on the market for 116 days and is listed for $146 per square foot.

Sold:

30 Zionsville Indiana homes sold in December 2007 with an average selling price of $291,688. These homes took 109 days to receive a contract and sold for $118 per square foot. December 2006 saw 28 homes sell with an average selling price of $303,688.

The number of Zionsville homes that sold in December was up 7% over last year while the average selling price was down 4%.

Over the previous 12 months, 420 homes have sold on the Zionsville real estate market with an average selling price of $320,060. Knowing 226 homes are currently for sale, we can see that there is currently a 6.46 months supply of homes on the market. This indicates that Zionsville is still in a buyer’s market, but is fairing better than most other areas of Indianapolis real estate.