Market Trends

MIBOR just released its Housing Market Data for June 2023

MIBOR just released its Housing Market Data for June 2023. Listen to Bob Morris break down what’s happening in the 16 central Indiana counties. For specifics in your Indianapolis county, CLICK HERE for the Full Report

 

CLICK HERE for the Full Report

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