Home sales, prices in central Indiana continue recent tear
The median home price in the area reached $221,000, up 15.1% from a year ago when the median price was $192,000.
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ON THE MARKET: Outside living space that balances formal, informal
The house—which is on the market for $749,900, listed by Matt McLaughlin at F.C. Tucker Company-Meridian North—features incredible formal gardens and paths with a large koi pond and waterfall.
On the Market: A craftsman-style home in Zionsville
Wood is the star in this $945,000, four-bedroom home on a 2-1/2 acre lot in Zionsville. The wooden beams, the paneling, the kitchen cabinets, the floors and the bar in the basement.
On the market: A downtown penthouse with views that don’t stop
The condo at 429 N. Pennsylvania St. is listed by Derek Gutting with Keller Williams Indianapolis Metro North for $1.695 million.
Sizzling housing market shows no sign of cooling off going into 2021
“Indianapolis is one of the fastest-selling metros in the country,” said Chris Glynn, a senior economist at Zillow, a real estate website and research firm. “The typical home in Indianapolis is selling in five days or less.”
Central Indiana existing-home sales, prices make huge jumps
The monthly sales increase was the third in a row after a three-month streak of declining sales in the market brought on by the pandemic.
Central Indiana homebuilders see another strong month
Permit filings are up 12% so far this year compared with the first eight months of 2019, despite the pandemic.
Central Indiana existing-home sales rise for second straight month
Sales of existing single-family homes rose in central Indiana in August despite a huge decline in available houses and another record in prices.
Pandemic depresses number of houses for sale, which drives up prices
A shortage of moderately priced single-family homes and pent-up demand stemming from the COVID-19 lockdown this spring have caused home prices to rocket higher.
Residential Real Estate: Marketplace Stats for August 28, 2020
Active listings have continued to fall throughout 2020, as sellers resist having potential buyers in their homes during a pandemic.
Pandemic has changed the way homebuyers, homeowners think about houses
After spending months in virtual lockdown, some homeowners have learned their residences just don’t serve their needs. Or more accurately, the needs of a family in quarantine.
Photo gallery: Downtown condo mixes modern, traditional
Tall ceilings, large windows and a great balcony attracted Bryan Bisson to a four-story condo on Alabama Street.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Dennis Nottingham’s Indy Home Pros Team claims the No. 1 spot (again) on the teams list, while Jennil Salazar of RE/MAX Ability Plus repeats for the second year as the top IBJ All-Star solo agent.
Area builders see big jump in home-construction applications
After a slowdown in May, applications for home construction permits made a solid rebound in the Indianapolis area in June despite the pandemic.
Central Indiana existing-home sales rebounded strongly in June
The median home price in the 16-county area has hit all-time highs in four straight months.
Residential Real Estate: Marketplace Stats for June 26, 2020
As expected due to the pandemic, the number of houses sold from March through May dropped by 10% compared with last year and the number of houses on the market dropped by 31%.
Area existing-home sales sank 23% in May as prices hit all-time high
May’s sales decline in the 16-county central Indiana area came on top of a 16.8% year-over-year decrease in April.
Area homebuilders saw applications rise in April despite pandemic limitations
Applications for home construction permits rose 5% in the Indianapolis area in April, marking the ninth monthly increase in the past 10 months on a year-over-year basis.
Real estate agents, home sellers, buyers adjust to social-distancing norms
Local brokers have made big changes in the way they sell houses in an effort to protect buyers and sellers during the coronavirus outbreak. It’s not clear yet whether or how much the changes will hurt home sales—in the short term or long term.
Residential Real Estate: Marketplace Stats for March 27, 2020
Sales ticked up in February—but that was before the coronavirus all but shut down the local economy.