August 2020 Housing Data

MIBOR just released its’ Central Indiana sales numbers for August.

  • Closings up 2% over last August
  • Inventory continues to slide, less than half what it was a year ago
  • Causing prices to trend higher, up 15% from a year ago, with the median price now at $228,000

On average, homes are selling quicker.  Our new listing from this past week had 14 showings the first day and $OLD for top dollar.  More importantly, our client got the kind of terms he needed so he could move forward comfortably in pursuit of his new home.  If you’d like that kind of know-how and service, give me a call at 317-625-0655.

Local Market Review: July 2020

Central Indiana home sales are recovering from the impact of the lockdown- as pent up demand pushed sales up 9% from July 2019, and that trend appears to be accelerating.

Inventory remains challenged, down 46% from a year ago.

But new listings showed a spark of life, up 7% from a month ago (so there is new hope for more homes being available).

Good houses are going faster and selling at almost 99% of asking price on average.  Prices are continuing to rise, with the median sales price now $225,000.

If you see something you like, [CLICK HERE for THIS WEEK’S NEW HOME LISTINGS] let’s check them out before it’s too late.

Need More Space…And Don’t Know Where To Start


We have a ton of resources available 24/7 on our website. Stuff like:

New Home Listings. Click Here We update our site each week with new home listings in the Indy area. Save this link!
You Decided Its Time to Move, Now What? Click Here Whether it will be your 7th house or your first, we have some Food for Thought
Financing Click Here Stuff like getting pre-qualified and the 411 on loans
Preparing Your Home to Sell Click Here From What’s Your Home Worth to Quick Tips for Staging
Finding a Community Right For You and Your Family Click Here Think Market Activity Reports for specific areas.

Browse around! If you are not finding what you need, plz let me know and I’ll get it for you.  ​