Avon
February proved to be a good month for home sales in Avon. The number of homes sold was up and the average days on market were down over last month. The average price point of homes sold was also down, though. This is to be expected when there were fewer number of homes sold and the fact there was a $1,000,000 home sold in Avon in January. There are currently 460 active homes for sale in Avon, which gives us an absorption rate of 11.0% or a 9 month supply of homes. January 2010 February 2010 February 2009 # Homes...
The Avon Indiana real estate market actually improved year over year for the month of December. More homes sold, although only by a few, the price increase is very positive, especially for homeowners who are tracking the market and want to sell their home this Spring. I was interested to see how the numbers would pan out after November’s deluge of first time home buyers closed. Remember, the original deadline was November 30th for first time homebuyers who wanted to take advantage of the $8000.00 incentive, so many were already scheduled and closed in November. Avon- December 2009 #Homes Sold...
Avon Indiana Real Estate Market Report Comparing the last two years data for Avon Indiana for the first three quarters reveals both the number of homes sold and the average price of homes sold was down year to year. The anomaly was the month of November, which I attribute to the fact many first time home buyers already had closings scheduled before the credit was extended. I could almost contribute the lower price point in November to the first time home buyer credit, except the home prices were down last year in November, as well. When we consider the number...
The first quarter sales started slowly in Avon with average prices declining early in the first quarter before heading back up. Inventory was also down from last year. This perfect combination made for a good first half of the year for home sales in Avon. Many homes had multiple offers in the last few months. The bank owned inventory is down and prices have leveled for the past few months with inventory remaining lower than last year. First Quarter 2009 Second Quarter 2009 If you would like to know what’s going on in your neighborhood, let us know and we’ll...
