MIBOR reports that September home sales for central Indiana continued on their merry way, marching 15% better than last September. Prices moved in sync, with the median average coming in at $159,900 for the month just ended; up 8% over a year ago.
There are always fewer houses on the market come late fall and winter, and this year looks to be no exception. There are currently 11,013 properties on the market looking for a buyer. Yet, inventory continued to tighten; down 14% from a year ago. Buyers need to come prepared to shop… pre-qualified, checkbook close at hand, and of a mindset to be ready to pull the trigger once they find what they’re lookin’ for! Now I’m not saying to make an offer on something for no good reason, but by all means, act like a Boy Scout, “Be prepared!”
To catch other helpful blog posts, simply go to www.indyschoicerealestate.com. And please keep in mind… “I work harder to make good things happen!” -Bob