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Existing home sales continue to cool as interest rates climb

September 13, 2022 | IBJ Staff

Closed sales in the 16-county central Indiana area drooped from 3,883 in August 2021 to 3,461 last month—a year-over-year decrease of 10.9%, according to the latest data from the MIBOR Realtor Association.

Existing-home sales sink 12.1% in central Indiana

August 15, 2022 | IBJ Staff

Median prices of homes sold in central Indiana ticked down slightly from June to July, but are still significantly higher than they were a year ago.

Indy’s housing market stays hot; interest rate hike likely to bring change

June 24, 2022 | Amy Lynch

The hot sellers’ market continues here in Indiana, but the Federal Reserve’s interest rate hike announcement last week may start to turn the tide toward a more stabilized real estate environment. Robin Koza and her husband, Robert, sold their Westfield home last August in a matter of hours. “It was during the peak of the sellers’ […]

Existing-home sales slip in central Indiana as prices hit new highs

May 13, 2022 | IBJ Staff

Sales have been on the downturn in typical residential hotbeds Hamilton, Johnson and Marion counties, but have been on the rise in Madison, Hancock and Morgan counties.

Existing-home sales hold steady in central Indiana amid rising prices

March 18, 2022 | IBJ Staff

The median price for homes sold in the area last month was up 13.6%, to $253,245, compared with $223,000 in February 2021.

Area residential real estate market sees rising sales, soaring prices in 2021

January 28, 2022 | IBJ Staff

Sales of existing single-family homes in central Indiana slowed in December, but 2021 was a solid year for the residential real estate market despite high prices and shrinking inventories.

Indy Parks set to add 90 acres of green space

November 26, 2021 | Leslie Bonilla Muñiz

That’s nearly three times the acreage purchased in the two decades prior, and a major expansion for a municipal parks agency with no land-acquisition budget.

Area existing-home sales tumble 8.7% as prices escalate

November 18, 2021 | IBJ Staff

Sales of existing homes in central Indiana fell for the third time in four months in October amid skyrocketing prices and tight inventories.

Real estate tech startup Shaker lands $2M in seed funding

November 9, 2021 | Susan Orr

Shaker, which offers a platform for real estate agents and clients to communicate with each other, was launched last year by Indianapolis venture studio High Alpha.

10 tips to sell your house during cold weather

October 29, 2021 | Sam Stall

The market has tilted severely toward sellers. But if you want to get the best price and the quickest deal, there are still a lot of things you need to do to make an off-season listing stand out.

Sales of Indianapolis-area existing homes bounce back in August

September 24, 2021 | IBJ Staff

On a year-to-date basis, closed sales in central Indiana are up 6.6%, to 25,349, compared with 23,776 in the first eight months of 2020.

Indianapolis area sees first decline in existing-home sales since June 2020

August 13, 2021 | IBJ Staff

Meanwhile, inventories in the 16-county Indianapolis area remained tight and prices continued to escalate.

State to spend $13M to prep possible merger of blind, deaf school sites

July 16, 2021 | Emily Ketterer

State officials say no final decisions about a combined campus have been reached, but they are forging ahead for now with the prep work, including the search for as many as 120 acres to house the schools.

Area existing-home sales, prices escalate while inventories fall

July 16, 2021 | IBJ Staff

The seller’s market in residential real estate grew even stronger in central Indiana in June, with existing homes selling at a faster pace and buyers spending extra to land properties.

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