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Avon Average Time on Market Falls Sharply in May, 2012

Sellers in Avon, Indiana faced slightly more competition in May, as total listings rose 2.3-percent versus the previous month’s total of 341. Even so, the upside to this is that it is still down nearly 1 percent versus last April’s total of 352 listings. In terms of the overall state of the Avon market, it is this latter statistic that is the most meaningful, since it is more reflective of progress. Another interesting stat: Of the 349 homes listed for sale in Avon, 78 were new listings. Not only is this down nearly 19 percent versus the previous month’s total of 96, but it is down 7.1 percent versus last April’s total of 84 new listings. In yet another comparison, the average number of homes listed for sale each month, from March through May of this year, fell 3.4 percent relative to this same quarter last year.

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Mike Woods