Here are the numbers for real estate in Noblesville for October 2009:
2008 |
2009 |
% Change |
|
| Active | N/A |
662 |
|
| Homes Sold | 68 |
91 |
34% |
| Average Selling Price | $183,068 |
$162,991 |
-11% |
| Days on Market | 76 |
75 |
-1% |
| Price Per Square Foot | $87 |
$78 |
-10% |
| Sales Price / List Price | 96% |
97% |
1% |
We see a huge jump in the number of homes sold over and a pretty big price decrease over the same time last year. Both of these fluctuations can probably be attributed to the then impending tax credit expiration. The number of homes sold going up is a pretty obvious connection to the tax credit. The average sales price going down is likely that the tax credit pushed many more first time home buyers into the market who purchased homes at a lower price point and thus lower the average sales price.
All in all, the Noblesville real estate market seems to do just fine. If you are considering buying or selling a home in Noblesville feel free to visit our Indianapolis homes website. You may also be interested Deer Path Noblesville one of the area’s most popular and most affordable area or Sagamore homes for sale in Noblesville one the area’s most exclusive neighborhoods.
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