Existing-home sales in central Indiana tick up after 4 months of declines
The median sales price for a home in the area rose 1.4% in May, while the active inventory of homes climbed 20.5% on a year-over-year increase.
The median sales price for a home in the area rose 1.4% in May, while the active inventory of homes climbed 20.5% on a year-over-year increase.
June’s year-over-year increase was only the second of the year and was the largest since December.
The estate, which features a 24,000-square-foot main residence, a guest house and a cottage, was listed for sale on July 30.
After seeing a big jump in June, existing-home sales in central Indiana returned to a more familiar recent pattern in July.
The 9.4-acre property was listed July 30 for $12 million and a sale was pending five days later. The property bordering Crooked Stick Golf Club features a 25,843-square-foot main residence and a 2,700-square-foot guest house.
Improved mortgage rates and a larger selection of houses on the market led to an increase in home buying in the Indianapolis area last month.
Sales of existing homes in central Indiana dipped in September despite big jumps in Hendricks and Hancock counties, according to the latest data from the MIBOR Realtor Association.
The Department of Business and Neighborhood Services will more than double the cost for some permits next year, including those for building a new home or commercial structure in Indianapolis.
Sales of existing homes in central Indiana were lifted last month by jumps in Hamilton, Boone and Hancock counties, according to MIBOR Realtor Association.
Sales were down overall despite big jumps in Boone, Hancock and Hendricks counties, according to the latest data from the MIBOR Realtor Association.
District 31, which includes parts of Hamilton and Marion counties, is currently held by Sen. Kyle Walker, R-Lawrence, who announced earlier this month that he will not seek a second term.
Sales of existing homes in central Indiana jumped last month, helping the market finish 2025 on an overall positive note.
Sales of existing homes in central Indiana fell significantly in January, partly due to a major winter storm that cooled off economic activity through much of the country.