The latest sales figures for the Avon real estate market sure didn’t look like what many Central Indiana real agents have come to expect, given the time of year and the seasonal slump that normally accompanies it. Not only does October’s total of 62 closings represent a 40.9-percent increase versus the previous month’s total of 44, but compared to last October’s total of just 35 it is a huge, 77.1-percent increase in sales. And, from September through October of this year there were an average of 53 closings each month, making for a 23.3-percent increase compared to this same quarter 1 year ago.
While total pending sales fell 17 percent, from September to in October, compared to 12 months ago, this is an increase of percent. And the average number of pending sales logged from September through October of this year rose 14 percent versus this same 3-month period in 2011.
A small-but-unmistakable improvement was seen in the latest figures for total listings. The most recent total of Avon homes for sale represents a 5.9-percent decrease versus the previous month’s total of 340, and a 7.8-percent decrease versus this same month 1 year ago. And, from September through October of this year there were, on average, 341 homes on the market each month, or 3.9-percent fewer, compared to this same quarter in 2011.
View the complete, original report here.