News

As one would expect, the total number of months’ worth of inventory based on pending transactions decreased from a 6-month high of 10.6 in December to 8.8 in January as the total number of pended sales jumped from 51 to 54 in this same time period.  But this wasn’t the only number that grew; from [...]

Talk about a rough winter.  To characterize the decline in the total number of homes sold between January of 2010 and November of 2009 as ‘precipitous’ might be a but charitable; the expression “nose dive” might be more appropriate.  That’s because January’s total number of homes sold was nearly 70 percent down from the 6-month [...]

The good news for anyone looking to buy a home in January of 2010 was that the average per-square-foot cost for homes for sale in Center township reached a 6-month low of just $26 per square foot.  This represents an approximate 42-percent decrease from December’s cost of $45 per square foot.
The average time spent on [...]

The increase in the total number of homes for sale in Pike township, while not as significant as that of other townships in Indianapolis Indiana, was still felt by homeowners looking to sell their homes in a buyer-friendly market, with a total of 585 homes listed for sale.  This is almost a 4 percent increase [...]