Area homebuilders trying to keep up with strongest year since 2005
After a three-month streak of declining numbers, Indianapolis-area builders received a surge of interest from new-house buyers in November and are nearing a 16-year record.
Home Sales
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Christel DeHaan home generating big interest from potential buyers, agent says
Based on the early interest in the property, the estate might end up selling above $14 million list price, the listing agent said. Proceeds from the sale will allow the not-for-profit Christel House International to expand its outreach to students in high-poverty areas around the world.
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Home of late philanthropist, businesswoman Christel DeHaan on market for $14M
The listing provides a rare glimpse at an Indianapolis estate that sits behind stucco walls topped with terracotta tiles at 4501 N. Michigan Ave.
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Existing-home sales rebound in central Indiana
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.
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Sales of Indianapolis-area existing homes see September decline
Sales in central Indiana fell for the second time in three months last month as prices continued to escalate and inventories remained low.
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Articles
Area existing-home sales tumble 8.7% as prices escalate
Sales of existing homes in central Indiana fell for the third time in four months in October amid skyrocketing prices and tight inventories.
IBJ Podcast: ‘Old-school’ agent Matt McLaughlin hits $1 billion in career home sales for Tucker
Host Mason King sat down with McLaughlin to learn how he closed so many sales, what makes his approach different and what he thinks about central Indiana’s red-hot real estate market.
Sales of Indianapolis-area existing homes bounce back in August
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.
White House rolls out plan to improve housing affordability
Millions of Americans are getting priced out of ownership or stuck spending the bulk of their income on rent. The S&P CoreLogic Case-Shiller 20-city home price index climbed a record 19.1% in June from a year ago.
Builders see increased demand for new homes for the 14th straight month
So far this year, 6,539 single-family building permits have been filed in the Indianapolis area, up 39% over the first seven months of 2020.
Indianapolis area sees first decline in existing-home sales since June 2020
Meanwhile, inventories in the 16-county Indianapolis area remained tight and prices continued to escalate.
Hot housing market makes for some risky decisions
While selling a house in a hot market might seem easy, there’s actually some risk, uncertainty and often inconvenience on both sides of a transaction.
Area existing-home sales, prices escalate while inventories fall
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.
Newfields puts historic Westerley property on market for $2.2M
The museum has used the the four-bedroom, eight-bathroom Tudor-style home built in 1922 to house its leader. It’s the first time the property has been on the market since the 1930s.
Demand for new homes still growing despite rising construction costs
Builders in the nine-county Indianapolis area are seeing their busiest year since 2005 despite soaring lumber prices and snarled supply chains that have made it difficult to get products to complete new homes.
Area home sales, prices continue to escalate as inventories shrink
Buyers of existing single-family homes in the 16-county area swooped up available properties at a rapid pace in April, often showing a willingness to pay more than the asking price to secure a purchase.
Supply of available Indy-area homes plummets in March while sale prices rise
With the dramatic decrease in available listings, the median price for homes sold in the 16-county area in March rose 8.4%, to $226,500, compared with $208,865 in March 2020.
Prices for existing homes in Indy area balloon in February
The median price for homes sold in the 16-county area in February rose 18.9%, to $223,500, compared with $188,500 in February 2020.
Central Indiana existing-home sales off to fast start in 2021
Existing single-family homes in central Indiana remained in heavy demand as 2021 got under way, despite the ongoing escalation of prices and shrinking supply of choices.
Central Indiana homebuilders see busiest year since 2006
Central Indiana homebuilders saw another onslaught of interest from buyers in December, adding to their busiest year since before the Great Recession.
Central Indiana existing-home sales cap off big year with December sales burst
Completed home sales in the 16-county area rose in December for the sixth month in a row on a year-over-year basis. Area sales were up 6.4% in 2020 and the median price for a home rose 14.1%.
On the Market: A secluded waterfront property in Eagle Creek
A great view of the creek, mahogany hardwood floors and beautiful woodworking throughout sets this home built in 1985 apart from the rest.
Home sales, price increases in central Indiana continue torrid pace
Completed sales in the 16-county area increased 20.6% in November on a year-over-year basis, according to the latest data from the MIBOR Realtor Association.
On the Market: A modern house with a retro vibe in the Kennedy King neighborhood
The cozy, 4-bedroom house with midcentury modern flair is listed for $650,000 by Kelly Huff of F.C. Tucker Co.-Keystone at the Crossing.