Indianapolis Home Sales - 3rd Quarter - 2011

The most recent real estate news indicates positive growth for the third quarter of 2011. As reported by National Association of Realtors, home sales in Indiana were up 18.6% over third quarter of 2010.

When you break it down by city in the Central Indiana suburbs of Indianapolis, how did we  do? Here's the stats:

Avon Indiana +20.2%

There were 208 home sales in Avon in 2011, compared to 166 sales in 2010. The average price of homes sold in Avon in the third quater of 2011 was $160,516. which was down 6.2% from last year for the same time period. The average home sold in Avon was three bedrooms, three baths and 2161 square foot. Average days on Market was 99 days. Search Avon Indiana Homes for Sale 

Brownsburg Indiana +20.7%

Home sales in Brownsburg were up by 63 from 138 homes sold in 2010 to 174 homes sold in 2011. Home prices were stable with an average sales price of $172,043 in 2010 and $171,879. in 2011. The average home sold in Brownsburg was 3 bedrooms, 3 baths and 2101 square foot. Average days on market was 111 days. Search Brownsburg Indiana Homes

Carmel Indiana +17.4%

Carmel home sales were up in 2011 by 17.4%, with 414 homes sold in 2011 and 342 homes sold in 2010. The average price of homes sold was down 4.1%. from $353,144. in 2010 to $338,878. in 2011. Average days on market for 2011 was 95 days. The average home sold in Carmel was 4 bedrooms, 4 baths and 2818 square foot. Search Homes for Sale in Carmel

Fishers Indiana +25.2%

There were 409 homes sold in Fishers Indiana in 2011 with an average price of $230,992., compared to 306 homes sold in 2010 and an average sales price of $221,792 for an increase of 4.0% in sales price. The average home sold in Fishers had 4 bedrooms, 3 baths and 2370 square foot. Average days on market was 96. Search Fishers Indiana Homes for Sale

Greenwood Indiana +26%

Greenwood boasts a 26% increase in homes sold in 2011, with 316 homes, compared to 2010 sales of 234 homes. The average price of homes in Greenwood in 2011 was $166,158. lower by 2.8% than the $170,775. posted in 2010. The average Greenwood home sold was 3 bedrooms, 3 baths and 1998 square foot. Average days on market was 109. Greenwood Indiana Homes

Indianapolis Indiana +15.6%

Homes sales and home prices were up in Indianapolis for the 3rd quarter. There were 2656 homes sold in 2011 with an average sales price of $123,682. and 2243 homes sold in 2010 for an average sold price of $116,156. The average home sold in Indianapolis had 3 bedrooms, 2 baths and 1735 square foot. The average days on market was 99. Search Indianapolis Homes for Sale 

Noblesville Indiana +8.7%

Homes sales were up slightly in Noblesville with 242 homes sold in 2010 and 265 in 2011. Sold price of homes in Noblesville was down by 4.9% from $189,836 in 2010 to $180,541. in 2011. The average home sold in Noblesville was 3 bedrooms, 3 baths and 2137 square foot, with an average days on market of 96 days. Search Homes for Sale in Noblesville

Plainfield Indiana +27.2%

There were 92 home sales in Plainfield in 2011, compared to 67 sales in 2010. The average price of homes sold in Plainfield in the third quater of 2011 was $142,839. which was down 5.0%% from last year for the same time period. The average home sold in Plainfield had three bedrooms, two baths and 1789 square foot. Average days on Market was 108 days. Search Plainfield Indiana Homes for Sale 

Westfield Indiana +22.2%

There were 117 homes sold in Westfield in 2011, which is 22.2% more than the 91 homes sold in 2010. Average home prices were down by 20.9%, from $250,499. in 2010 to $223,414. in 2011. The average home sold in Westfield had 4 bedrooms, 3 baths with 2350 square foot and was on the market for an average of 93 days. Search Westfield Indiana Homes

Zionsville Indiana +20.7%

Zionsville home sales were up from 100 in 2010 to 126 in 2011. The average price was up by 10.2% from $339,345 in 2010 to $377,633 in 2011. The average home sold in Zionsville had 4 bedrooms, 4 baths with 2869 square foot. Average days on market was 96. Search Zionsville Indiana Homes for Sale

Overall, there was a considerable increase in home sales for most of the cities and towns in Metro Indianapolis. If you would like to know the stats for your city, contact us and we'll be happy to send them to you.

Disclosures:

Average sales price does not indicate an areas value has declined. There may have been a few higher priced sales one month or a few lower priced sales in a time period. Every neighborhood is different, as are home values.

Square footage does not include basement; only above grade square foot.