Posts tagged with "market trends in indiana"

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”