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.
The active inventory of for-sale homes rose 47% from the previous month in central Indiana. Higher inventories could help bring down prices in coming months.
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’ […]
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.
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.
Sales of single-family homes were back on the rise in the area in November, ending a two-month streak of declining purchases despite rising prices and tight inventories.
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.
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.
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.
At least 200 homeowner groups in central Indiana have modified their subdivision covenants in the past five years to limit rentals—a number that is based on the work of just one law firm.
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.
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.
