Market News

JUST RELEASED: LOCAL MARKET UPDATE | MAY 2022

Housing data released by the MIBOR BLC® comparing May 2021 to May 2022 shows:

  • An increase in Median Sales Price of 12.8 % to $287,625
  • A decrease in Closed Sales of 2.9 % to 3,336
  • New Listings increase 6.1 % to 4,217

Despite the rise in prices, Buyers remain eager to purchase homes. Inventory is better (though still tight) and decreasing days on market make this an extremely competitive market. Make sure you have a trusted advisor by your side.  

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Just Released: Local Market Update | April 2022

Housing data released by the MIBOR BLC® comparing April 2021 to April 2022 shows:

  • An increase in Median Sales Price of 15.5 percent to $275,000
  • A decrease in Closed Sales of 3.6 percent to 2,987
  • New Listings decreased 5.8 percent to 3,870

This data is proof that although inventory is still low, demand remains high. In this market, things are moving quickly, and Buyers and Sellers need an Experienced Agent to guide them through these times. Unfortunately, You don’t know what you don’t know. Don’t be fooled by a “fast talker.”

EXPERIENCE DOES MATTER.

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Increasing Prices of Starter Homes

Over the last few months, we have seen the prices of Starter Homes in the Indy area go from $265K to a whopping $325K. That is huge for first-time buyers! Adding this to the already overwhelming process can be devastating.

Know that it doesn’t have to be. You just need to talk through your plan with a trusted advisor to help ease your worries during this journey. We have a ton of resources to help Today’s Buyers

Things like:

I am happy to jump on a call to discuss your specifics. So give me a call at (317) 325-0655!