Brownsburg Real Estate Market Report - October 2008

For the month of October, there were 39 homes sold and closed in Brownsburg, compared to 52 homes sold in September. Of the 39 homes sold in October, 4 were homes which were distressed sales; all bank owned. There are currently 27 distressed sale properties available in Brownsburg.

The highest price home sold was $400,000. for a home with five bedrooms, four bathrooms amd 3328 square feet.

The lowest priced home sold was $73,900. for a two bedroom, one bath home. quare foot was not disclosed.

The average Brownsburg home sold was a three bedroom, two bath with 1907 square feet.

The average Days on Market for homes sold was 100 days, up from 82 days last month.

There are currently 329 homes available for sale in Brownsburg, which gives us an absorption rate of 8.4 months. Search all Brownsburg Homes for Sale

Average days on market and absorption rate will vary by price range. 

Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Avon Homes which were sold between 10/1/2008 and 10/31/2008, 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, serving the Indianapolis and Brownsburg Indiana real estate markets.

Call Paula - 317–605–4174