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Mild Improvement Seen in Greenwood Real Estate Market in January, 2012

In January there were 531 homes for sale in Greenwood, or 0.7 percent more compared to the previous month. More importantly, this represents a 15.4-percent decrease versus January of 2011. By way of comparison, there was a 2.4-percent drop in the availability of real estate and homes for sale in Indianapolis in January compared to the previous month, and a 17-percent drop versus January of 2011. Finally, from November of 2011 through January of this year the market in Greenwood Indiana saw a 14.6-percent decrease in the average number of homes listed for sale on a per-month basis compared to this same quarter 1 year ago.

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Mike Woods