Here is a quick glance at what happened on the Noblesville Indiana real estate market in June 2008 for homes under $500,000:
2007 |
2008 |
% Change |
|
Active | N/A |
647 |
|
Homes Sold | 127 |
113 |
-11% |
Average Selling Price | $171,649 |
$165,809 |
-3% |
Days on Market | 73 |
83 |
14% |
Price Per Square Foot | $86 |
$81 |
-6% |
There is really nothing new or shocking in this month’s activity report. The number of homes sold is down 11% which is actually lower than in the previous months and the average sales price is down 3% which is about the average for the year.
There are currently 647 homes for sale in Noblesville with an average asking price of $206,618. Since we know 974 homes sold in the past 12 months, we can figure that Noblesville has an 8 months supply of homes currently on the market which is a little high and still indicates a buyers market.
If you are interested in purchasing Noblesville real estate, please visit our Indianapolis homes for sale website to search for homes. You may also be interested in Fishers IN homes for sale.
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