Area homes sales fall for 7th straight month amid rising prices
Median home prices in central Indiana reached an all-time high in June amid tighter inventories and fewer new listings.
Home Sales
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Area existing-home sales break out of seven-month slump
The median sales price for an existing single-family home in the Indianapolis area increased 10.1%, to $200,295, marking the third straight monthly record.
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Sales of existing homes fall for sixth straight month in central Indiana
On a year-to-date basis, closed sales of existing homes in the 16-county Indianapolis area are down 3%, to 12,731.
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Developer plans to raze homes in Fishers for $29M apartment project
The Fishers City Council on Monday night approved a development agreement between the city and Indianapolis-based Scannell Properties, which has 14 residential parcels under contract south of the Nickel Plate District.
Sales of existing homes fall for fifth straight month in central Indiana
On a year-to-date basis, sales of existing single-family homes are down 3.8 percent in the area, to 9,249.
Aging millennials projected to drive up U.S. housing prices
Becoming a homeowner is likely to get more costly and competitive over the next decade as millions more Americans enter the age range where people typically seek to buy their first home.
Sales of area existing homes fall for fourth straight month
Marion County, however, saw a 4.7 percent increase in closed home sales in March amid rising inventories.
Existing-home sales in central Indiana fall for third straight month
Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market. And colder-than-usual weather last month didn’t help.
Residential Real Estate: Marketplace Stats for March 29, 2019
The number of active listings in central Indiana—at 5,077 at the end of February—remains low, although it’s 15 percent higher than at the same time a year ago.
Area builders file to build fewer homes for third straight month
Last year turned out to be the busiest year for builders in more than a decade, but filings have been slowing since the fourth quarter.
Existing-home sales in central Indiana fall for second straight month
One encouraging sign for future months was pending home sales, which rose 17.1 percent in January.
U.S. home sales slip in January to worst pace in 3-plus years
Would-be homebuyers are increasingly priced out of the market as years of climbing prices and strained inventories have made ownership too costly.
Existing-home sales see small rise in 2018 despite tough December
Higher prices, low inventories and climbing interest rates have all combined to slow growth in the market.
Existing-home sales creep up slightly in Indianapolis area
Average home prices continued to rise in November in the 15-county area amid tight inventories.
Central Indiana existing-home sales show monthly increase
Sales and prices for existing homes were both on the rise in October in the 15-county area, according to the latest data from the MIBOR Realtor Association.
Central Indiana existing-home market showing signs of weakness
Existing-home sales in central Indiana fell in September, the third month of declining sales out of the last seven, amid subpar home-buying conditions.
Outdoor fireplaces, flex space, technology are hot trends in new homes
Thanks to Pinterest and HGTV, buyers often know just want they want when they are building a new home, experts said.
Projects nibble at Hamilton County’s affordability problem
Projects underway in Fishers, Westfield and Noblesville are aimed at addressing the lack of housing options for low- and middle-income earners in Hamilton County, but they will only make a dent.
Indianapolis-area builders continue to see rising demand for new homes
On a year-to-date basis, single-family construction permits in the nine-county area are up 19 percent.
Indianapolis-area home sales jump despite less-than-ideal buying conditions
Housing affordability is at a 10-year low, but home sales are still on the increase in central Indiana.
Residential Real Estate: Marketplace for August 31, 2018
While the number of homes for sale has crept up through the summer, the available inventory still lags last year significantly.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Three longtime high performers retain the top spots in IBJ’s All-Star team rankings, while Mike Duncan marks 20 years as an agent by topping IBJ’s list of solo stars.