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Avon Real Estate Market Slides in March, 2012

The Avon real estate market didn’t do so well in March, 2012, even as warmer temperatures made for better home shopping conditions. The news was mixed in at least one key statistical category: Namely, that of total listings. A total of 324 Avon homes for sale translated into a 14.1-percent increase versus the previous month’s total of 284. This isn’t really good news since one of the biggest challenges facing the market right now is excess inventory. By way of comparison, there the 5,733 homes for sale in Indianapolis marked an increase of just 2.2 percent during this same period. Looking at the Avon Indiana market 1 year ago, however, the most recent total represents a decrease of 6.1 percent, which is most definitely a good thing.

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