Market News

Local Market Review: March 2019 Housing Data

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

Local Market Review: February 2019 Housing Data

MIBOR posted activity numbers today, showing the market slowed slightly in February.  Here’s the scoop:

  • New listings and closed sales were down 3% from last February
  • Causing inventory to remain very tight
  • Sellers got 95% of their original asking price
  • Median sales price was up 4%, to $173,900

And bottom line, there are 6,447 homes on the market to pick from!