Avon Real Estate Updates - September 2008
For the month of September, there were 67 homes sold and closed in Avon, compared to 86 homes sold in August.
The highest price home was $519,900.
The lowest priced home sold was $53,500.
The average Avon home sold was a three bedroom, two bath with 2094 square feet.
The average Days on Market for homes sold was 85 days, the same as last month.
There are currently 501 homes available for sale in Avon, which gives us an absorption rate of 7.4 months.
It is typical for activity to start to decrease this month and continue throughut the winter. We will see less buyers, but there will also be less homes available for sale.
Average days on market and absorption rate will vary by price range.
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Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Avon homes which were sold between 9/1/2008 and 9/30/2008. This data is reflective of homes which were listed on the Indianapolis BLC; private sales are not included. All information is believed to be accurate, but is not guaranteed.
Indianapolis Real Estate Blog, written by Paula Henry, an Indianapolis real estate agent and team leader of The Home to Indy Team at Keller Williams Realty, serving the Indianapolis and Avon Indiana real estate markets.
Call Paula: 317–605–4174
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