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Wakefield - Home Sales and Real Estate Market Report - Greenwood IN - Nov 2009

Wakefield  - Home Sales and Real Estate Market Report -
Greenwood IN, November 2009

Wakefield sign

 

 Wakefield – Current Real Estate Activity

 

13 Homes FOR SALE in Wakefield

  • The typical 2 story home with a basement has an average list price of $199,657 ($68.64 per square foot).
  • The typical 2 story home without a basement has an average list price of $176,567 (76.87 per square foot)
  • Only 1 home is in a financial distress position (short sale, HUD owned, bank owned, foreclosure)

 

Homes for Sale in Wakefield Nov 2009

 

 22 homes SOLD in Wakefield  - January to November 2009

Highest net sale price:                      $233,000

Lowest net sale price:                       $118,400

Average net sale price:                     $175,558

Median net sale price:                      $176,800

 

1 home currently PENDING in Wakefield

 

Average list price:     $164,900 (Sales Price will be available after closing)

 

Wakefield – 2009 Real Estate Activity

 

22 homes SOLD in Wakefield  - January to November 2009

 

Homes sold in wakefield 2009

 

Highest net sale price:                      $233,000

Lowest net sale price:                       $118,400

Average net sale price:                     $175,558

Median net sale price:                      $176,800

 

Sold Activity in Wakefield in the last 5 years

Wakefield continues to be a popular area in Center Grove.  Even in a challenging market, so far 22 homes have closed in 2009 compared with 17 for the same period of time in 2008.  That is an increase of 23%!

 

Historic Homes sold in Wakefield




How Did Buyers Pay For Their New Homes in 2009?


More than ½ of all buyers utilized FHA financing.   FHA requires only a 3.5% down payment and rates are very similar to conventional financing.

 

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Unless otherwise noted, blogs are authored by Tonda or Steve Hoagland

 

 

Comment balloon 0 commentsTonda & Steve Hoagland • November 04 2009 02:07PM

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