2013 1st Quarter Market Update for Westfield Real Estate

By
Real Estate Agent with F.C.Tucker Co.-Carmel/Westfield IN Homes for Sale

 

For the 1st quarter of 2013, the Westfield real estate market remained steady when compared to the same time period last year. The number of homes listed during the first three months of 2013 dropped 2 percent, with 195 homes listed in 2013 and 197 listed in 2012. Homes sold jumped up 27 percent, with 127 homes selling in 2013 and 100 selling in 2012. Also making an improvement was average sales price, up 27 percent, and average high sales price, up 104 percent. Homes sold faster and for closer to their list price in 2013 as well. In 2013, homes sold on average in 93 days, down 15 percent from 2012 and sellers received 97 percent of list price when selling.

Westfield Real Estate Statistics—

1st Quarter, January-March 2013

 

1st Quarter 2013

1st Quarter 2012

% Change

Listed homes

195

197

-2%

Sold listings

127

100

27%

Pending listings

60

n/a

n/a

Average Sales Price

$252,756

$198,837

27%

Low Sales Price

$55,000

$58,000

-6%

High Sales Price

$1,500,000

$735,000

104%

Average Days on Market

93

109

-15%

Average List Price to Sale Price

97%

96%

1%

Source: MIBOR, January 1-March 30, 2012 and 2013

* This information is deemed reliable but not guaranteed.

 

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