Market News

Local Market Review: November 2020 Housing Data

New listings showed a spark of life- up 8% from a year ago.  But off the big rally of last month, so they’re still running down 4% for the year.

Sales were up 21% over last November.  The combination pushed prices up 20% over a year ago.

Homes have been selling like hotcakes, with the average being just 31 days.

Inventory is very limited— and in search of people returning to work and play.

Ready to make a move?? Give Indy’s Choice a call at (317) 625-0655!

Many Americans Plan Move to Reduce Costs

According to a new survey from LendingTree, nearly half of more than 2,000 Americans recently surveyed say they plan to move soon to reduce living expenses. Forty-six percent of respondents say they plan to relocate within the next year.

The COVID-19 pandemic has been a big motivator here in the Indy area.

If you can relate, Let’s start planning for 2021! I can help with a hassle-free “No Strings Attached” Room by Room Analysis. What does this mean…. that I walk the property (inside and out) and give my two cents on repairs/improvements that could be done to yield a quick home sale as well as sell for the most $$$. I am a phone call / text away!

Local Market Review: October 2020 Housing Data

Housing data was just released by the MIBOR BLC®, comparing October 2019 to October 2020.

  • An increase in Median Sales Price of 15.1 percent to $221,000
  • An increase in Closed Sales of 16.4 percent to 3,689
  • New Listings increase 2.2 percent to 3,746

My two cents ….Market has been on a tear.  This is the first sign of it easing off the gas pedal.  We’ll need to see the next couple of months’ data to see if this is an outlier or a trend change.

Looking for Specifics in your County, Click HERE and I’ll send you the data.