Tuesday, December 16, 2008

2008 WAS A BIG YEAR FOR HUNTWICK!

Having sold two homes in the neighborhood in the past year I understand the value of the homes in the neighborhood. Currently there are 5 homes for sale, one of which is a HUD home. List prices of the homes range from a high of $134,900 to $113,000 with a median price of $120,000. This puts the average price list price per square foot at $79.65.

Sales for 2008 were brisk with 12 units sold in the neighborhood compared to 8 the previous year. The average sales price for 2008 was $115,833 compared to $106,300 in 2007 with the average Days on Market of 80 for 2008 versus 133 for 2007. The average sales price per square foot did decline somewhat in 2008 from $81.19 to $74.85 but fares much better than the average for the Indianapolis metro area of 20%.

If you are interested in more detailed data for Huntwick or are interested in data for your neighborhood, please contact me. I'll be happy to provide it for you.

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