Washington Township real estate in Indianapolis had a big drop in the number of homes sold in December 2007 and a slight decrease in the average selling price. Here is a quick glance at what happened in Washington Township:
2006 |
2007 |
% Change |
|
| Active | N/A |
1031 |
|
| Homes Sold | 145 |
95 |
-34% |
| Average Selling Price | $143,776 |
$133,912 |
-7% |
| Days on Market | 75 |
80 |
7% |
| Price Per Square Foot | $91 |
$81 |
-11% |
December marked the 4th straight month of double digit decreases in the number of homes in Washington Township. While the average selling price decreased 5 out the last 6 months, Indianapolis homes in Washington Township have seen a less drastic decrease. The good news for the Indianapolis real estate market in Washington Township is that the inventory doesn’t seem to be out of control. There is currently only a 6.42 months supply of homes on the market.
While these numbers are defiantly not stellar, it does represent a great buying opportunity if you are in the market for Indianapolis real estate. You can visit our website and search all the Indianapolis homes for sale in Washington Township and contact us when you have some you would like to view.
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