Central Indiana existing-home sales rise for second time in last 30 months
Closed existing-home sales in the 16-county area climbed 3.4% from July 2023 to July 2024, according to the latest data from the MIBOR Realtor Association.
Closed existing-home sales in the 16-county area climbed 3.4% from July 2023 to July 2024, according to the latest data from the MIBOR Realtor Association.
After experiencing a rare month of rising transactions in July, central Indiana saw another down month for existing-home sales last month, according to the latest data from the MIBOR Realtor Association.
Declining mortgage rates and more inventory led to a positive month for existing-home sales in central Indiana in September, according to the latest data from the MIBOR Realtor Association.
Despite the slower sales pace, home prices increased on an annual basis for the 15th consecutive month.
Sales have now risen in four of the past seven months on a year-over-year basis following a 26-month streak of declining sales.
Prior to November, area sales had risen in four of the previous seven months on a year-over-year basis following a 26-month streak of declining sales.
The typically two-, three- or four-story residence that ranges in size from 1,800 to 2,300 square feet and shares a wall with a neighbor often appeals to people looking for a less-costly option than a single-family home or to people looking to downsize.
Closed existing-home sales in the 16-county area rose only slightly from 2023 to 2024 despite a strong finish to the year.
Third-generation owner Jason Gray told IBJ plans for after the sale—including when and where the beloved restaurant will reopen—are still in the works.
Home sales in central Indiana got off to a slow start in 2025, with a January snowstorm likely cooling off the pace of transactions.
Chris Pryor, chief advocacy officer for the MIBOR Realtor Association, said organization leadership is concerned that the proposed ordinance would restrict property rights, limit housing options in Fishers and interfere with the free market.
More than 200 residential properties around Indianapolis are connected to at least one of the more than two dozen active lawsuits that investors, lenders and contractors have filed against brothers Jeremy and Joshua Tucker.
Closed existing-home sales in the 17-county area fell for the third time in four months in February, but sales prices continue to climb.
Closed existing-home sales in the 17-county area fell for the fourth time in five months in March, but sales prices continue to climb.
The plan calls for limiting the percentage of single-family rental units per subdivision to 10%, but it would grandfather in existing rentals.
The Fishers City Council voted 9-0 to approve the proposed ordinance, which would cap the percentage of single-family rental houses. Meanwhile, Carmel began considering its own plan.
The March sales decline is the largest monthly drop since November 2022, when sales fell 6.7% from the previous month.
Event organizers, with the support of funders, sponsors and other partners, are bringing prominent artists to Indiana this summer and placing minimal financial burden on attendees.
Closed existing-home sales in the 17-county area fell for the fifth time in six months in April, but sale prices continue to climb.
The plan will cap the percentage of single-family rental houses and create a registration program for landlords.