Market Trends

Housing Market Numbers Just Released for April 2023

MIBOR just released Housing Market Data for April 2023. Click Here to listen to Bob breakdown what’s happening in the 16 central Indiana counties in 2 minutes. For a Full Market Report, CLICK HERE Want to hear specifics in your county? Call/text Bob at (317) 625-0655.

Housing Market Numbers Just Released for March 2023

Housing data released by MIBOR for March 2023 are in, and the Spring Real Estate Market in Indiana’s 16 central counties has sprung! So Schedule your FREE 12-minute Consult with me Today!

March 2023 Highlights Include :

Closed sales are up from 1,878 —> 2,652
No change in Price – hovering at 275K
New listings are up from 2,209 —> 2,974
Average Days on the Market is down from 53 —> 49
Active Inventory is down from 3,528 —> 2,944

What’s ahead in March for Homebuyers?

The Indiana Association of Realtors (IAR) just released its February Housing Market Report

Statewide home sales jumped 17% from January to total 4,895
New Listings gained 2% from the previous month
Sales price grew to 7% though homebuyers were able to take advantage of a more BALANCED MARKET to close sales at 95% of original listing price

Pending sales have been stable from January to February. Rising mortgage rates continue to threaten buyers back to the sidelines
As I have been saying for months, Indiana continues to outperform national sales trends. The population growth and economic development activity have been encouraging in driving demand for housing here