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        <title>Indianapolis Real Estate Blog</title>
        <link>http://www.reddoorindy.com/blog/tags/zionsville-real-estate/</link>
        <description>A local Indianapolis real estate blog by Red Door Real Estate keeping you up to date on all Indianapolis and surrounding areas real estate news.</description>
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            <guid>http://www.reddoorindy.com/blog/zionsville-indiana-real-estate-year-end-market-report-2008.html</guid>
            <link>http://www.reddoorindy.com/blog/zionsville-indiana-real-estate-year-end-market-report-2008.html</link>
            <author>mtaylor@reddoorindy.com (Mike Taylor)</author>
            <title>Zionsville Indiana Real Estate | Year End Market Report 2008</title>
            <description> <![CDATA[  

Here is a yearend report for Zionsville Indiana real estate  for 2007 vs. 2008.&nbsp; This report is going  to look pretty similar the Carmel report from yesterday with the number of  homes sold pretty consistently down while the average sales price jumps around  quite a bit.&nbsp; Lets take a look:


  Number of homes sold in Zionsville:


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  Average sales price for Zionsville homes:


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  As you can see, Zionsville is a little more sporadic on a  month to month basis.&nbsp; This is most  likely due to the fact Zionsville is just not as big as Carmel and not as many  homes sell on a monthly basis.&nbsp; Hence, it  is more prone to swings from just a few more or less homes selling or a few  high or low priced homes skewing the numbers.&nbsp;  Knowing that, it is important to look at the yearend totals: number of  homes sold in Zionsville is down 8% over 2007 and the average sales price is  down 6% over last year.&nbsp; This is not too  bad considering.&nbsp; Actually, the number of  homes sold down 8% is way below other parts of Indy and the average sales price  is better than most areas but not quite as good as areas like Carmel and  Fishers.


  In addition to the sold data, these stats are also relevant to look at:
  - There are currently 326 homes on the market right now.
  - The current average asking price is $550,806.
  - The average home has been on the market for 125 days.
  - The average asking price per square foot is $167.
  - There are currently 32 homes pending.
  - The average pending home is listed for $126 / sq. ft. and has been on the  market for 128 days.


 
  Again, overall the Zionsville real estate market is not  doing too badly at all.&nbsp; Fewer homes are  selling and the average sales price is down over last year, but in these  economic conditions Zionsville is managing quite well.&nbsp;


Michael Taylor is the broker/owner of Red Door Real Estate.&nbsp; Please visit our real estate in Indianapolis  website to search all homes available in Zionsville and the metro Indianapolis  area.&nbsp; Some the more popular communities  in Zionsville include: Stonegate, Spring Knoll, and The Willows.&nbsp; 

 ]]> </description>
            <pubDate>Wed, 11 Feb 2009 09:26:16 -0500</pubDate>
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