Your Center Grove Neighborhood Market Report
January/February 2010 - published 1/26/2010
Compliments of Steve & Tonda Hoagland - The Hoagland Group at Keller Williams Realty
The number one question we receive from our friends and neighbors is…..”What’s the market like in my neighborhood”? So we decided to publish this report each month to answer that very question! You can also find this and other more detailed reports online at, www.PerfectPlaceForYou.com. Don’t see your neighborhood? Give us a call and we’ll send you market information for your specific area!
…Or here’s another easy way to stay informed --
Have you noticed a For Sale sign in the neighbor’s yard and wondered about the price and amenities compared to your home? Sign up for a Neighborhood e-mail watch to receive e-mail notifications about all homes for sale in your neighborhood as soon as they come on the market.
To sign up, simply give us a call or send an email with the name of your neighborhood in the subject line. That’s all there is to it -- you’ll start receiving automated updates about the real estate activity in your specific neighborhood!
Historical Activity for Central Indiana:
This includes activity for the past 12 months in the 13 central Indiana counties serviced by MIBOR. Data is from MIBOR’s just published statistics, ending Dec 31, 2009.
Homes Sold in Central Indiana – January 1, 2009 – December 31, 2009
Number of homes sold: 24,928 (down 4% compared to the same period in 2008)
Average Sales Price: $137,845 (down 3% from 2008)
Foreclosures: 15% of homes listed (down 2% over 2008) and 28% of homes sold (0% change over 2008)
Homes Sold in Johnson County – January 1, 2009 – December 31, 2009
Number of homes sold: 1,927 (up 5% compared to the same period in 2008)
Average Sales Price: $140,525 (down 2% from 2008)
Current Number of Months of Supply: 6.7 (down from 8.4 in 2008) This number rises quickly as sales prices increase. For instance in central Indiana, the supply for homes priced $175K-250K is 9.5months, $350-500K is 18.6 and those priced $750K-1mil is 36.8.
White River Township - Center Grove:
As of January 26, 2010 there are currently 363 single family homes for sale in White River Twp ranging in price from $54,900 to $2.9 million. 38 homes are currently pended (under contract awaiting closing) and 539 homes sold in the past 12 months compared to 543 in the previous 12 month period.
Your Local Neighborhoods:
As of January 26, 2010
Homes for sale in Auburn Trace:
Active Listings: 4 - Ave List Price $398,425
Pended: 0 - List Price $
Sold in last 12 months: 0 – Ave List Price $, Ave Sale Price $
Sold in previous 12 month period: 4 – Ave List Price $382,175, Ave Sale Price $354,750
Homes for sale in Berkshire:
Active Listings: 1 - Ave List Price $235,000
Pended: 0 - List Price $
Sold in last 12 months: 6 – Ave List Price $212,408, Ave Sale Price $203,137
Sold in previous 12 month period: 1 – Ave List Price $249,500, Ave Sale Price $238,000
Homes for sale in Brentridge:
Active Listings: 4 - Ave List Price $391,050
Pended: 2 - Ave List Price $419,000
Sold in last 12 months: 4 – Ave List Price $358,450, Ave Sale Price $330,350
Sold in previous 12 month period: 9 – Ave List Price $327,922, Ave Sale Price $312,767
Homes for sale in Brentwood:
Active Listings: 7 - Ave List Price $161,514
Pended: 0 - List Price $
Sold in last 12 months: 10 – Ave List Price $149,880, Ave Sale Price $145,390
Sold in previous 12 month period: 8 – Ave List Price $149,113, Ave Sale Price $144,988
Homes for sale in Brockton Manor:
Active Listings: 4 - Ave List Price $352,250
Pended: 0 - List Price $
Sold in last 12 months: 3 – Ave List Price $314,900, Ave Sale Price $292,500
Sold in previous 12 month period: 7 – Ave List Price $284,571, Ave Sale Price $275,386
Homes or sale in Deerwood:
Active Listings: 5 - Ave List Price $366,560
Pended: 1 - List Price $289,900
Sold in last 12 months: 2 – Ave List Price $429,900, Ave Sale Price $412,500
Sold in previous 12 month period: 4 – Ave List Price $330,950, Ave Sale Price $320,500
Homes for sale in Eagle Trace:
Active Listings: 10 - Ave List Price $362,933
Pended: - List Price $374,000
Sold in last 12 months: 7 – Ave List Price $375,599, Ave Sale Price $354,250
Sold in previous 12 month period: 4 – Ave List Price $409,075, Ave Sale Price $397,525
Homes for sale in Highland Park:
Active Listings: 8 - Ave List Price $664,782
Pended: 1 - List Price $575,000
Sold in last 12 months: 6 – Ave List Price $580,797, Ave Sale Price $544,167
Sold in previous 12 month period: 10 – Ave List Price $585,404, Ave Sale Price $555,200
Homes for sale in Hunters Pointe:
Active Listings: 4 - Ave List Price $270,100
Pended: 1 - List Price $334,900
Sold in last 12 months: 4 – Ave List Price $242,300, Ave Sale Price $235,725
Sold in previous 12 month period: 6 – Ave List Price $239,267, Ave Sale Price $234,167
Homes for sale in Innisbrooke
Active Listings: 2 - Ave List Price $ 263,750
Pended: 0 - List Price $
Sold in last 12 months: 4 – Ave List Price $252,050, Ave Sale Price $266,000
Sold in previous 12 month period: 6 – Ave List Price $220,042, Ave Sale Price $211,175
Homes for sale in Kensington:
Active Listings: 15 - Ave List Price $456,460
Pended: 1 - List Price $294,900
Sold in last 12 months: 10 – Ave List Price $427,150, Ave Sale Price $419,782
Sold in previous 12 month period: 12 – Ave List Price $484,282, Ave Sale Price $471,683
Homes for sale in Sheffield:
Active Listings: 2 - Ave List Price $151,900
Pended: 1 - List Price $115,000
Sold in last 12 months: 6 – Ave List Price $158,750, Ave Sale Price $153,567 Sold in previous 12 month period: 10 – Ave List Price $175,410, Ave Sale Price $169,510
Homes for sale in Wakefield:
Active Listings: 13 - Ave List Price $187,884
Pended: 2 - List Price $170,000
Sold in last 12 months: 28 – Ave List Price $184,950, Ave Sale Price $176,625
Sold in previous 12 month period: 18 – Ave List Price $204,900, Ave Sale Price $197,089
Homes for sale in Windsong Estates:
Active Listings: 3 - Ave List Price $204,133
Pended: 1 - List Price $249,000
Sold in last 12 months: 13 – Ave List Price $248,317, Ave Sale Price $243,577
Sold in previous 12 month period: 21 – Ave List Price $210,327, Ave Sale Price $200,146
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