Buying

MAY 2023 Housing Market Report Just Released

Housing data released by the MIBOR BLC® comparing May 2022 to May 2023 in the 16 Central Indiana counties shows:

  • An increase in Median Sales Price of 3.8 percent to $300,000
    • Up 3.4% from last month
  • A decrease in Closed Sales of 14.8 percent to 2,901
    • Up 17.2% from previous month
  • New Listings decreased 22.7 percent to 3,319
    • Up 13% from last month
  • Absorption Rate* increased 42.9%
    • Down 23.1% from previous month

Download Full Housing Market Report [PDF]

*Why is the Absorption Rate so important when pricing your home….Watch here

Need a Referral? I have one for you!

In my 40+ years in the business, my background includes tenures as a builder, rehabber, property manager, appraiser, inspector, lender, and Realtor. Now, that’s a lot of hats to have worn— but what does that mean to you…. I have built quite a network over the years of people I trust. Need a referral, call me at (317) 625-0655.

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