The statistics below compare 2007 & 2008 ending March 31.
| |
Hancock |
|
Marion |
|
Hamilton |
|
Madison |
| Avg. Sale Price: |
-5% |
|
-7% |
|
1% |
|
-4% |
|
| Units Sold: |
-3% |
|
-12% |
|
-10% |
|
-8% |
What does this mean to you?
For Seller’s: it is very important that you seek sound advice from a real estate professional who will take a close look at the market in your neighborhood & surrounding community to develop a realistic & sound pricing strategy for your home.
For Buyer’s: If you are in a good financial position, this is a great time to buy. Interest rates are still low, home prices are down & there are plenty of homes to choose from. Consult your Realtor, he or she can save you tons of time sorting through the homes on the market and find the right home for your budget.
Source: Metropolitan Indianapolis Board of Realtors report. 4/22/08

I grew up in the towns of McCordsville & Fortville
in northwest Hancock County. Graduated from Mt.Vernon
High School in 1977 and received an IU Business Degree
in 1996. I am the proud father of Josh, who also
graduated from Mt. Vernon in 2002. He and his lovely wife Rachael are working & continuing their educations at Butler University. In
my spare time I like to fish, play bad golf and follow
Butler basketball. “Go Dawgs”