Indianapolis Real Estate Market Report - Traders Point - July 2008
For the month of July, there were 17 homes sold and closed in Traders Point, compared with 12 homes sold in June.
The highest price home was $810,200.
The lowest priced home sold was $82,500.
The average sold home in Trader's Point was a three bedroom, three bath with 2683 square feet and an average price of $300,541.
The average Days on Market for homes sold was 93 days, up from 88 days last month.
There are currently 198 homes available for sale in Trader's Point, which gives us an absorption rate of 11.64 months. 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 Indianapolis homes which were sold between 7/1/2008 and 7/31/2008. 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.
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