Posts tagged with "MIBOR"

Local Market Bucks National News

Metropolitan Indianapolis Board of Realtors just released final numbers for the year 2018.  Here’s how home sales fared:

  • Sales bucked the national trend and were positive.  Up 1% over 2017
  • New listings were slower in December, but still up 3% on the year
  • Prices ended the year up 7% over the previous New Year, with the median house selling for $176,000
  • And available inventory continued to tighten, down 4%

Want to hear how your county is doing specifically, give Indy’s Choice a call.  Be in the know!

 

Local Home Sales Continue to Increase

November housing  market numbers are just in for Central Indiana, courtesy of MIBOR.

  • Unlike the nation as a whole, new listings are slowly increasing, +4% from last 2017.
  • Sales are up as well, 2% Y-o-Y, but in a slowing pattern.
  • Prices continue to rise, with median sales price now $179,000.  Up 9% from a year ago.
  • Sellers are getting 95% of their original asking price. (Which is to say it’s still a seller’s market but not like last spring.)
  • Available inventory remains very tight, with 7% fewer houses available for each buyer to choose from.

Want to learn how to take the most of this market for your own self? Give me a call at 317-625-0655.

Just released by MIBOR: August 2018 Housing Data

  • Families wrapped up their summer vacations just in time to kick start the fall market.
  • The activity pushed the median average price up 9% over a year ago, to $179,000.
  • Closed sales were up 8% over August a year ago.
  • Final prices averaged $6802 lower than the original asking price.
  • Inventory remains tight
  • But hey, there are 8,000+ homes for sale

If you are interested in a specific county or city, a Market Activity Report can be provided. Last month, Whitestown was highlighted. Click here for the report.

Indy’s Choice can be reached at 317-625-0655 or by email at info@indyschoice.com