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Greenwood Market Report - December 2007

By
Real Estate Agent with Red Door Real Estate

Here is a quick glance at what has happened on the Greenwood Indiana real estate market for December 2007:

 
2006
2007
% Change
Active
N/A
618
Homes Sold
66
55
-17%
High Selling Price
$169,908
$156,960
-8%
Low Selling Price
$55,112
$42,000
-23%
Average Selling Price
$169,908
$156,960
-8%
Days on Market
81
99
22%
Price Per Square Foot
$83
$80
-4%


The numbers for the Greenwood real estate market are typical with the current market conditions in other areas of Indianapolis. The number of homes sold is down and the average selling price down slightly over last year. The good news for the Greenwood market is that there is only a 6.18 months supply of homes on the market; this indicates that it is still a buyer’s market, but the market is not completely flooded with homes.

If you are looking for Greenwood homes for sale, visit our website for more local information and search homes for sale. Rebate Real Estate services the entire metro area; visit our Indianapolis real estate website for more information about us.