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Winter 2012 Market Update
Housing prices continue to remain stable to slightly higher. This is a continuing trend that enables the central Indiana market to remain viable compared to many areas of the country that are in decline after speculative price increases. Greenwood/Indianapolis is an excellent value marketplace.
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| Average Home Price | $200,000 - View Graph Trend |
| Average Price Compared to Last Year | No Change |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $300,000 - $349,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Greenwood is | Decreasing |
| Seller Activity for the past 90 days in Greenwood is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | Foreclosures are about the only multiple offered homes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Indianapolis, IN |
| Housing Hot Spots | White River Township, Greenwood; Perry Township, Indianapolis |
| Average Sold Price | $200,000 - View Graph Trend |
Greenwood Local News
News for Greenwood, IN - Monday October 5th, 2009 3:04pm
GREENWOOD IS A VIBRANT COMMUNITY THAT BORDERS THE SOUTHERN BOUNDARY OF INDIANAPOLIS. ONLY A 20 MINUTE DRIVE TO DOWNTOWN INDY BRINGS ONE TO A WONDERFUL AREA OF RESTAURANTS, CHILDREN'S MUSEUM,ZOO, SYMPHONY, AND HOME OF THE NFL COLTS AND NBA PACERS. JUST ABOUT 20 MINUTES WILL GET YOU TO THE AIRPORT AND THE INDIANAPOLIS SPEEDWAY. CENTER GROVE AND GREENWOOD HIGH SCHOOLS ARE WELL RESPECTED. NOT FAR SOUTH YOU WILL FIND ROLLING HILLS AND WOODS OF BROWN COUNTY. THE INDIANAPOLIS/GREENWOOD AREA PROVIDES A SMALL TOWN ATMOSPHERE WITH BIG CITY ATTRACTIONS.
Contact Information
Steve Gaines Broker Associate
317-509-2314
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
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30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Steve Gaines Broker Associate
Prudential Indiana Realty Group
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 317-509-2314
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