Real Estate Statistics Hendricks County- November 2007
The differences beween 2006 and 2007 numbers speak for themselves, The one offsetting value is the 1 property sold in 2007 with 453 days on market. A number that big and so far off of the normals will distort the true average of Days On Market. If we take that one number and add it’s value to the year 2006, it changes the average days on market for 2006 to 93.9.
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 homes which were sold between 11/1/2007 and 11/30/2007. This data is reflective of 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 Hendricks County real estate markets.
Call Paula – 317–605–4174
