Just Released : Local Market Update | Sept 22

Housing data released by MIBOR comparing Aug 22 to Sept 22 are in, and to no one’s surprise, the local real estate market is slowing in Indiana’s 16 central counties.

The facts are:

  • Closed sales are down from 3,521 –> 3,239
  • No change in Price – hovering at 285K
  • New listings are down from 3,791 –> 3,412
  • Days on the Market is up from 22 –> 28
  • Active Inventory is up from 4,004 –> 4,356

Do you know what I am telling my clients – breathe. If now is not the right time, take this time to prep for your next move.

  • If you are selling, schedule a consult, and I will give you my expert opinion on what improvements should be done or NOT DONE for the highest return
  • If you are buying, let’s get the financing in order, OR let me do some research in some prospective areas

We have lots of resources on our website so check them out! As always, I am happy to jump on a call to discuss your needs.