- Sales slowing slightly (down 3%)
- Causing inventory to increase (5,431 homes now available to choose from)
- Days on market (avg 36) same as a year ago
- Discount from asking price hanging at 2%
- Prices still ramping up (6% from a year ago)
Want to get the best deal in this market, call Indy’s Choice at (317) 625-0655
April numbers are just in for the Central Indiana market. Interestingly enough it shows
- Inventory remains very tight
- Prices continue to rise
- Sales were down 2% from last year at this time
But you wouldn’t know that last statistic from where we are standing. Our sales are running ahead of anything we’ve made happen in the past five years. No doubt, it IS a tight market so we have had to adjust our buyer’s strategy. Just yesterday, we were able to win a bid for a client who had been struggling to find that perfect home. They finally saw one on-line mid-morning and thought it may be the one! So I made a call and learned that the seller had not only received an offer but had already sent out a counter offer. As you can imagine, it wasn’t looking good for the home team. So, we hustled right over to the house and my buyers said “Yes, this is it. What do we have to do to get it?” I waved my magic wand (just kidding). Actually, I reached up the ol’ shirt sleeves and pulled out a trick or two, then got right to work. Less than four hours later, my buyers had an accepted offer in hand and are now on their way to the home they really want.
Moral of the story— when you want AND need exceptional results, give us a call, text, email, or even send a smoke signal…
We work harder to make great things happen!
The local housing market showed signs of slowing in March. Numbers just released from MIBOR, the Metropolitan Indianapolis Board of Realtors, showed:
- The number of new houses with for sale signs were 5% fewer than a year ago.
- Closed sales were down 4%.
- The median sales price has been increasing at a slower pace.
However, there are 6,212 homes currently available for sale and nearly 37,000 homes have sold in the past 12 months. Interested in talking more on what the market is showing, give us a call at 317 625 0655