Paula Henry

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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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