Active:
October 2007 added 267 homes to the market in Lawrence Township with an average asking price $157,912. There are currently 1265 Indianapolis homes on the market in Lawrence with an average listing price of $149,533. The average home on the market is listed for $80 per square foot and has been on the market for 103 days.
Sold:
In October 2007, 114 homes sold in Lawrence Township with an average selling price of $139,360. The average home sold for $70 per square foot, received 92% of the asking price, and was on the market for 86 days. Compare this to October 2006 when 132 homes sold with an average selling price of $126,142. In 2006, it took 77 days to sell, sold for $73 per square foot, and average 95% of the asking price.
The Indianapolis real estate market in Lawrence Township followed the trend of fewer units to sell, but it also showed a 10% increase in the average sales price over last year. It is also important to know that 1814 homes sold over the past year. Knowing there are 1265 homes on the market, we can calculate that there is an 8.37 supply of homes currently on the market.
These numbers indicate that it is still a buyers market in Lawrence Township however, home prices do not seem to be suffering as a result of it.
If you are interested in Lawrence Township real estate, you might also be interested in Fishers real estate.
All numbers are calculated on homes sold in Lawrence Township under $500,000.
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