Here is a look at the Noblesville real estate market for September 2009:
| |
2008 |
2009 |
% Change |
| Active |
N/A |
741 |
|
| Homes Sold |
104 |
98 |
-6% |
| Average Selling Price |
$196,191 |
|
-13% |
| Days on Market |
90 |
57 |
-37% |
| Price Per Square Foot |
$91 |
$81 |
-11% |
| List Price / Sale Price |
96% |
95% |
-1% |
These numbers actually lie, sort of:) While these are true and accurate numbers, this is an example of how stats can be used to twist the truth. Yes, technically the average sales price dropped 13% in September 2009 over the same time last year. However, that is factoring all homes that sold; even a few high end homes that seem to be distorting the number dramatically. If we take a look at the same number but put a cap on the listing price at $600,000 we see a totally different picture:
| |
2008 |
2009 |
% Change |
| Active |
N/A |
|
|
| Homes Sold |
98 |
96 |
-2% |
| Average Selling Price |
$162,287 |
|
-1% |
| Days on Market |
89 |
54 |
-39% |
| Price Per Square Foot |
$82 |
$80 |
-25 |
| List Price / Sale Price |
97% |
95% |
-2% |
Instead of a 13% decrease in average sales price, we see only a 1% decrease. A whole different story.
If you are looking for homes for sale in Noblesville, please find a Realtor who really understands the market and does their research. You can visit our Indianapolis real estate website for more information about Noblesville. Some Noblesville most popular neighborhoods include Deer Path Homes and Lochaven homes.
;)
;)
