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
