Residential Real Estate: Marketplace

Housing Sales

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December 1 – February 28

IBJ.COM EXTRA

For a detailed table of recent housing sales activity, click here

After several years of shocks and then recovery, the local housing market has settled into a new normal of small ebbs and flows, said F.C. Tucker Co. President Jim Litten. This year, sluggish new construction will drive up prices of existing homes about 5 percent, he predicted.•
 

Most expensive sale

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Demographics snapshot

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Household income
Indianapolis shows little evidence of reurbanization, said Drew Klasik, an analyst at the Indiana University Public Policy Institute. Unless the city can attract high-income residents, it will suffer from rising demand for public services and less taxable income to pay for them•

 

What you can buy

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