Zionsville Real Estate Market Report - October 2008

Date November 19, 2008

For the month of October, there were 27 homes sold and closed in Zionsville, compared to 40 homes sold in September.

Of the 27 homes sold in October, 1 home was bank owned or REO.

The highest price home sold was $592,110.

The lowest priced home sold was $88,051.

The average Zionsville home sold was a three bedroom, three bath with 2608 square feet and sold for $316,172.

The average Days on Market for homes sold was 61 days, down from 72 days last month.

There are currently 353 homes available for sale in Avon, which gives us an absorption rate of 13 months.

Average days on market and absorption rate will vary by price range.

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