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Zionsville Real Estate Report - December 2007

By
Real Estate Agent with Red Door Real Estate

Active:

There are currently 226 active homes for sale on the Zionsville Indiana real estate market with an average asking price of $386,166.  The average home has been on the market for 116 days and is listed for $146 per square foot.

 

Sold:

30 Zionsville Indiana homes sold in December 2007 with an average selling price of $291,688.  These homes took 109 days to receive a contract and sold for $118 per square foot.  December 2006 saw 28 homes sell with an average selling price of $303,688. 

The number of Zionsville homes that sold in December was up 7% over last year while the average selling price was down 4%.

Over the previous 12 months, 420 homes have sold on the Zionsville real estate market with an average selling price of $320,060.  Knowing 226 homes are currently for sale, we can see that there is currently a 6.46 months supply of homes on the market.  This indicates that Zionsville is still in a buyer’s market, but is fairing better than most other areas of Indianapolis real estate.

 

If you looking to buy or sell Zionsville real estate, contact Mike Taylor at Rebate Real Estate to qualify for your 50% commission rebate