Posts tagged with "market trends in indiana"

Zillow’s 2024 hot markets list: Is Indy included?

 

According to a new Zillow study, AFFORDABILITY is the most powerful force driving real estate, bringing lower-cost markets in the Great Lakes, Midwest, and South regions to the top of Zillow’s 2024 rankings.

It was great to see Indianapolis ranked # 4. To be honest, it did not surprise me one bit. I may be slightly biased since I’ve called this place home for most of my adult life. That aside, the boost in home values and job opportunities here is hard to overlook.

If you haven’t caught my latest videos on those very topics, you should check them out:

Read the Full Article

 

If you know someone relocating here, send them my FREE relocation guide  They will thank you! 😊

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

Seven Takeaways from Last Month’s Housing Market

I wanted to share the below 7 Takeaways from last month’s Housing Market from the Indiana Association of Realtors.

If you are considering making a move this year, we are seeing some positive trends as we head into Spring. I am a phone call / text (317 625-0655) away to talk specifics.

For the full report, Click Here to download “Seven Takeaways from January 2023”