In this segment we will recap all of the New Listings that just came on the market within the last week; the homes that are Now Pending With Accepted Offers over the last week; homes that Officially Closed in the last week and last but not least, the “rejects”…the homes that were on the market, came to the end of their listing contract and Expired Without Selling.  All of the data will run from Friday to Thursday.  So this week’s data is from April 10 – 16, 2009.

We have broken the list prices into categories: $50k – $100k, $100k – $150k, etc.  We have also separated the results by school system (Greenwood and Center Grove) since people always seem to be curious about the differences between the two.

We hope this will be helpful information for you.  It will also be curious to see how the numbers change over the next few weeks as we get ready to enter the “busy season”. 

Have any comments or would like to see some additional information we haven’t included?  By all means, please let us know…Enjoy!

Was this helpful?  You might also enjoy: 

http://ishopgreenwood.com/2009/02/08/current-home-prices-greenwood-johnson-cty/

 http://ishopgreenwood.com/2008/12/09/less-talk-more-pics/

Yes, I’ve been surprised at times to hear of some other builders going under. I know Davis Homes really caught me off guard when that happened a year or so ago. But CP Morgan? Seriously???

These were the big boys. These were the ones that were always sponsoring realtor lunches, trips to Colts games, gift cards, all that fun stuff. What happened?

I’m sure this is the same question that a lot of others are thinking as well…current homeowners, realtors, contractors, suppliers, those that have already put money down towards the building of their new home. So many people have been effected.

But the people I’m feeling for the most this morning are their sales reps. Primarily because these people have been the face of CP Morgan for me for the last 9 years. And I have to say, these have been some of the most loyal, professional and hard working people I’ve ever worked with.

No matter what anyone else thought, these people were enthusiastic, energetic, and sincerely believed that they could offer the best home for the money any where around. I do believe that they sincerely believed in their product. These are hard working, ethical people and my heart goes out to them this morning.

Click Here to read the official CP Morgan Press Release 02-26-09

Simply go to http://ishopgreenwood.com/home-search/ scroll over the map and it’s all right there.

But, if you simply can’t wait that long and must absolutely know right now what they are…here you go…

Greenwood

• Total Listings:  892
• Average Price:  $216,388
• Median Price:  $169,900

New Whiteland

• Total Listings:  54
• Average Price:  $99,604
• Median Price:  $95,000

Whiteland

• Total Listings:  77
• Average Price:  $192,698
• Median Price:  $159,900

Bargersville

• Total Listings:  136
• Average Price:  $484,812
• Median Price:  $334,900

Franklin

• Total Listings:  392
• Average Price:  $158,580
• Median Price:  $124,777

If you like this kind of stuff, you might also like:

http://ishopgreenwood.com/2008/12/09/less-talk-more-pics/ or

http://ishopgreenwood.com/2008/10/17/this-weeks-best-buys/

Want more specifics on what your home would most likely sell for in today’s market?  Send me a note…let’s talk!

Remember what it was like when you were a kid and you’d jump into the deep end and challenge your friends to see who could touch the bottom of the pool? 

When you were little, you’d have to kick and push a little to get there.  Your ears would pop and you’d get a little scared…wondering if you’d be able to hold your breath long enough to get all the way to the bottom and then back up again.

It’s kind of the same with our current real estate market.  People keep challenging themselves to see who can hold out long enough to time the market just right…holding off on buying something until the prices drop all the way to the bottom. 

Well stop trying to guess when the market is going to “hit bottom”.  No one can predict the exact time it’s going to happen…so stop trying!  But by golly, stop sitting on your keester waiting for “the perfect time” to buy. 

While you’re waiting for the market to get all the way to the bottom, your friends and neighbors are out there taking advantage of the bargains that are all around them right now…whether we’re at “the bottom” or not…who cares???

When the market finally does turn around, it will be just like finally reaching the bottom of the pool and then pushing off and soaring back up to the top of the surface…popping your head out of the water and coming up for that great big refreshing breath of air. 

The market’s going to come back up a lot faster than it went down.  But we won’t know we’ve hit the bottom until we’re already on our way back up.  How will you know that today will be the last day of low prices and that tomorrow they will be higher?  You won’t!  You can’t!

So stop waiting to “hit the bottom”.  You’re gonna make it and you’re not gonna drown!  But you need to jump in…’cuz the water is more than fine!

Click on any of the above to enlarge

Does stuff like this speak to you more than a wordy explanation?  If so, our new Market Snapshot was created just for you.

You choose how often you get the data and where the data is pulled from. Then when it comes, you can also sneak a peak at Community and School Info, too.  You can even compare local schools one against another. And best of all, if you get sick of it, you can unsubscribe at any time. So sign up any time…try it Mikey…we think you’ll like it!