Zionsville Real Estate Market Update - August 2008
For the month of August, there were 42 homes sold and closed in Zionsville Indiana; compared to 44 homes sold in July.
The highest price home sold was $917,425.
The lowest priced home sold was $120,000.
The average Days on Market for homes sold was 113 days, down from 106 in July.
The average Zionsville home sold was a three bedroom, three bath with 2389 square feet and sold for $357,859.
There are currently 340 homes available for sale in Zionsville, which gives us an absorption rate of 8.0 months.
Average days on market and absorption rate will vary by price range.
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Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Indianapolis real estate sold between 8/1/2008 and 8/31/2008. This data is reflective of Indianapolis homes which were listed on the Indianapolis BLC; private sales are not included. All information is believed to be accurate, but is not guaranteed.
Indianapolis Real Estate Blog, written by Paula Henry, an Indianapolis real estate agent and team leader of The Henry Group, an Indianapolis Realtor Team at Red Door Real Estate, serving the Indianapolis and Zionsville Indiana real estate markets.
